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Prime Class A Medical Office: 100% Occupied 5608 Wilkins Ave 14,400 SF 100% Leased Office Building Pittsburgh, PA 15217 $4,400,000 ($305.56/SF) 5.95% Cap Rate
Investment Highlights
- PRIME Class A Medical Office Building
- Long-term, strong stable tenants
- Very strong location: excellent demographics
- Private parking lot
- 100% Occupied
- Well maintained property
Executive Summary
- PRIME Class A Medical Office Building
- Private parking lot
- Long-term, strong stable tenants
- 100% Occupied
- Very strong location: excellent demographics
- Well maintained property
- Private parking lot
- Long-term, strong stable tenants
- 100% Occupied
- Very strong location: excellent demographics
- Well maintained property
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
14,400 SF
Building Class
B
Year Built
1999
Price
$4,400,000
Price Per SF
$305.56
Cap Rate
5.95%
NOI
$262,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,200 SF
Slab To Slab
11’
Building FAR
0.89
Lot Size
0.37 AC
Zoning
O - Office
Parking
37 Spaces (2.57 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
1 1
Property Taxes
| Parcel Number | 0085-P-00149-0000-00 | Improvements Assessment | $1,442,200 |
| Land Assessment | $307,800 | Total Assessment | $1,750,000 |
Property Taxes
Parcel Number
0085-P-00149-0000-00
Land Assessment
$307,800
Improvements Assessment
$1,442,200
Total Assessment
$1,750,000
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Prime Class A Medical Office: 100% Occupied | 5608 Wilkins Ave
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