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5011 Grand Ave 5011 Grand Ave 6,000 SF Flex Building Pittsburgh, PA 15225 $502,531 CAD ($83.76 CAD/SF) 8% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Occupied by tenant since 1996
  • Stable, income-producing investment with minimal management
  • Convenient location minutes from Downtown Pittsburgh and the airport
  • Lease expiration: March 31, 2030 (±4.5 years remaining)
  • Excellent access to I-79, I-279, and Route 65
  • Surrounded by established industrial and commercial users

EXECUTIVE SUMMARY

Located on Neville Island, this well-maintained property offers a strong investment opportunity with an annual NOI of $28,800 and a secure lease in place through March 31, 2030 (approximately 4.5 years remaining). The site provides exceptional accessibility just minutes from I-79, I-279, and Route 65, offering quick connections to Downtown Pittsburgh, the airport, and surrounding business districts. Positioned in a stable industrial and commercial corridor, the property combines quality, visibility, and dependable income, making it an ideal addition to any investment portfolio.

PROPERTY FACTS

Price $502,531 CAD
Price Per SF $83.76 CAD
Sale Type Investment NNN
Cap Rate 8%
Property Type Flex
Property Subtype
Flex Research & Development
  • Flex Light Manufacturing
  • Industrial Manufacturing
Building Class C
Lot Size 0.10 AC
Rentable Building Area 6,000 SF
No. Stories 1
Year Built 1996
Tenancy Single
Opportunity Zone Yes
Zoning Commercial - Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0211-B-00136-0000-00
Land Assessment
$46,007 CAD
Improvements Assessment
$189,917 CAD
Total Assessment
$235,924 CAD
  • Listing ID: 38392532

  • Date on Market: 2025-11-10

  • Last Updated:

  • Address: 5011 Grand Ave, Pittsburgh, PA 15225

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