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1621 Forbes Ave
4,399 - 22,489 SF of Space Available in Pittsburgh, PA 15219
Highlights
- Industrial property with warehouse and office level
- Fenced laydown lot
- Elevator to all floors
- Two Parking Lots with a total of 40 parking spaces included
- Truck height dock with interior 6,000LB scissor lift
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 9,045 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $90,450 /YR $7,538 /MO | Triple Net (NNN) | ||
| 2nd Floor | 9,045 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $90,450 /YR $7,538 /MO | Triple Net (NNN) | ||
| 3rd Floor | 4,399 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $43,990 /YR $3,666 /MO | Triple Net (NNN) |
1st Floor
Ground level features dock access, warehouse section, offices and restroom (9,045SF)
- Lease rate does not include utilities, property expenses or building services
2nd Floor
Office level features kitchen, conference room, multiple private offices, restrooms and warehouse section (9,045SF)
- Lease rate does not include utilities, property expenses or building services
- Fits 23 - 73 People
3rd Floor
Third floor is open warehousing with a fenced partition (4,399SF)
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 1621 Forbes Ave , Pittsburgh, PA 15219
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.78/1,000 SF |
| Gross Leasable Area | 22,489 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 22,489 SF |
| Year Built | 1900 |
| Parking Ratio | 1.78/1,000 SF |
About the Property
SVN Three Rivers Commercial Advisors is pleased to present this highly adaptable Uptown/Hill District three level industrial property for lease located at 1613-1617, 1621 Forbes Ave. Over 22,000 SF total leasable space with warehouse and office components, and interior elevator. Exterior truck height dock and fenced laydown lot add to the utility. Bring your staff and crew, commute friendly location and two parking lots with a total of 40 spaces included.
- Fenced Lot
Nearby Major Retailers
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1621 Forbes Ave
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