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The Beatty Bldg 5901-5911 Penn Ave
1,026 - 6,026 SF of Office Space Available in Pittsburgh, PA 15206
Highlights
- Located on a busy thoroughway
- Ample street parking
- Prime retail corner location with excellent signage opportunity and visibility
- Within a 1-mile radius of notable retailers: Target, Starbucks, Aldi, Whole Foods Market, Trader Joes, and Bakery Square
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 1,026 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $1,539 /MO $18,468 /YR | Modified Gross | ||
| 3rd Floor | 5,000 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $7,500 /MO $90,000 /YR | Triple Net (NNN) |
2nd Floor
Prime corner location located across from Duolingo HQ. Ample street parking available.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 3 - 9 People
- Excellent signage and visibility
3rd Floor
Prime corner location located across from Duolingo HQ. Ample street parking available.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 13 - 40 People
- Excellent signage and visibility
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 5901-5911 Penn Ave , Pittsburgh, PA 15206
| Property Type | Retail | Gross Leasable Area | 24,000 SF |
| Property Subtype | Storefront Retail/Office | Year Built/Renovated | 1910/1992 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 24,000 SF |
| Year Built/Renovated | 1910/1992 |
About the Property
Office spaces available for lease at 5910-5911 Penn Ave in the East Liberty neighborhood: 740 RSF, 540 RSF, and 1,026 SF available on the second floor, and 1,425 RSF available on the third floor! This prime retail corner location includes an excellent signage opportunity and visibility with ample street parking. Located on a busy thoroughway, Penn Avenue sees upwards of 19,000 in daily thru traffic, with substantial foot traffic as well. The site is situated directly across from the Duolingo HQ and is within a 1-mile radius of the following notable retailers: Target, Starbucks, Aldi, Whole Foods Market, Trader Joe's, and Bakery Square. The property is just a 15-minute drive from Downtown Pittsburgh and I-376 and is a 40-minute drive from the Pittsburgh International Airport. 3-Mile Radius Demographics: • Current Population: 173,926 • Average HH Income: $94,536 • Per Capita Income: $44,704 • Penn Ave ADT: 19,362
- Bus Line
- Signage
Nearby Major Retailers
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Mark Anderson -
Jonathan Levinson -
Colliers
Presented by
The Beatty Bldg | 5901-5911 Penn Ave
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