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Boyce Plaza II 2600 Boyce Plaza Rd

30,000 SF 85% Leased Office Building Pittsburgh, PA 15241 £1,975,025 (£66/SF) 8.02% Net Initial Yield

Investment Highlights

  • Close to major shopping and restaurants
  • Abundant free parking in rear lot
  • Within minutes of Route 79 and major highways
  • Newly renovated lobby, corridors, and restrooms in 2011

Executive Summary

This building is 16 miles to downtown Pittsburgh, 20 miles to the airport and located close to the T subway station. It has a large lobby with monumental stairs up the center and 2 bridges leading to office space.

Financial Summary (Actual - 2017)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Taxes - -
Operating Expenses £41,524 £1.38
Total Expenses £41,524 £1.38
Net Operating Income £159,566 £5.32

Financial Summary (Actual - 2017)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual £41,524
Annual Per SF £1.38
Total Expenses
Annual £41,524
Annual Per SF £1.38
Net Operating Income
Annual £159,566
Annual Per SF £5.32

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
30,000 SF
Building Class
C
Year Built/Renovated
1984/1994
Price
£1,975,025
Price Per SF
£66
Net Initial Yield
8.02%
NOI
£158,448
Percent Leased
85%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
15,000 SF
Slab to Slab
10 ft
Building FAR
0.31
Land Acres
2.23 AC
Zoning
Commercial
Parking
5 Spaces per 1,000 SF Leased

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Almanac
  • -
  • -
  • -
  • -
  • Aplex America Inc
  • -
  • -
  • -
  • -
  • Customer Contact Inc
  • -
  • -
  • -
  • -
  • Marshall Marketing & Communications, Inc.
  • -
  • -
  • -
  • -
  • Observer Publishing Company
  • -
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Almanac - - - -
Aplex America Inc - - - -
Customer Contact Inc - - - -
Marshall Marketing & Communications, Inc. - - - -
Observer Publishing Company - - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 101
  • 1,357 SF
  • Office
  • Partial Build-Out
  • Now

1,357 sq ft of space available for lease.

  • 1st Fl-Ste 114
  • 1,509 SF
  • Office
  • Partial Build-Out
  • 30 Days

1,509 sq ft of space available for lease.

  • 1st Fl-Ste 132-A
  • 1,450 SF
  • Office
  • Partial Build-Out
  • 30 Days

1,450 sq ft of space available for lease.

  • 1st Fl-Ste 141
  • 1,078 SF
  • Office
  • Partial Build-Out
  • 30 Days

1,078 sq ft of space available for lease.

  • 2nd Fl-Ste 201
  • 2,018 SF
  • Office
  • Partial Build-Out
  • Now

2,018 sq ft of space available for lease. ***Up to 5 months free rent !!!

  • 2nd Fl-Ste 216
  • 1,360 SF
  • Office
  • Partial Build-Out
  • 30 Days

1,360 sq ft of space available for lease. ***Up to 5 months free rent !!!

  • 2nd Fl-Ste 219
  • 1,336 SF
  • Office
  • Partial Build-Out
  • 30 Days

1,336 sq ft of space available for lease. ***Up to 5 months free rent !!! Abundant free parking in rear lot

  • 2nd Fl-Ste 241
  • 1,011 SF
  • Office
  • Partial Build-Out
  • Now

1,011 sq ft of space available for lease. ***Up to 5 months free rent !!!

Space Size Space Use Condition Available
1st Fl-Ste 101 1,357 SF Office Partial Build-Out Now
1st Fl-Ste 114 1,509 SF Office Partial Build-Out 30 Days
1st Fl-Ste 132-A 1,450 SF Office Partial Build-Out 30 Days
1st Fl-Ste 141 1,078 SF Office Partial Build-Out 30 Days
2nd Fl-Ste 201 2,018 SF Office Partial Build-Out Now
2nd Fl-Ste 216 1,360 SF Office Partial Build-Out 30 Days
2nd Fl-Ste 219 1,336 SF Office Partial Build-Out 30 Days
2nd Fl-Ste 241 1,011 SF Office Partial Build-Out Now

1st Fl-Ste 101

Size
1,357 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Fl-Ste 114

Size
1,509 SF
Space Use
Office
Condition
Partial Build-Out
Available
30 Days

1st Fl-Ste 132-A

Size
1,450 SF
Space Use
Office
Condition
Partial Build-Out
Available
30 Days

1st Fl-Ste 141

Size
1,078 SF
Space Use
Office
Condition
Partial Build-Out
Available
30 Days

2nd Fl-Ste 201

Size
2,018 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste 216

Size
1,360 SF
Space Use
Office
Condition
Partial Build-Out
Available
30 Days

2nd Fl-Ste 219

Size
1,336 SF
Space Use
Office
Condition
Partial Build-Out
Available
30 Days

2nd Fl-Ste 241

Size
1,011 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Fl-Ste 101

Size 1,357 SF
Space Use Office
Condition Partial Build-Out
Available Now

1,357 sq ft of space available for lease.

1st Fl-Ste 114

Size 1,509 SF
Space Use Office
Condition Partial Build-Out
Available 30 Days

1,509 sq ft of space available for lease.

1st Fl-Ste 132-A

Size 1,450 SF
Space Use Office
Condition Partial Build-Out
Available 30 Days

1,450 sq ft of space available for lease.

1st Fl-Ste 141

Size 1,078 SF
Space Use Office
Condition Partial Build-Out
Available 30 Days

1,078 sq ft of space available for lease.

2nd Fl-Ste 201

Size 2,018 SF
Space Use Office
Condition Partial Build-Out
Available Now

2,018 sq ft of space available for lease. ***Up to 5 months free rent !!!

2nd Fl-Ste 216

Size 1,360 SF
Space Use Office
Condition Partial Build-Out
Available 30 Days

1,360 sq ft of space available for lease. ***Up to 5 months free rent !!!

2nd Fl-Ste 219

Size 1,336 SF
Space Use Office
Condition Partial Build-Out
Available 30 Days

1,336 sq ft of space available for lease. ***Up to 5 months free rent !!! Abundant free parking in rear lot

2nd Fl-Ste 241

Size 1,011 SF
Space Use Office
Condition Partial Build-Out
Available Now

1,011 sq ft of space available for lease. ***Up to 5 months free rent !!!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0571-N-00010-0000-00
Land Assessment
£434,505 (2024)
Improvements Assessment
£513,506 (2024)
Total Assessment
£948,012 (2024)
  • Listing ID: 6146415

  • Date on Market: 06/03/2017

  • Last Updated:

  • Address: 2600 Boyce Plaza Rd, Pittsburgh, PA 15241

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