100 ROSS STREET - LoopNet

12
100 ROSS STREET Pittsburgh, PA 15219 All SVN® Offices Independently Owned & Operated. ©2020 All Rights Reserved.

Transcript of 100 ROSS STREET - LoopNet

100ROSS

STREETPittsburgh, PA 15219

All SVN® Offices Independently Owned & Operated. ©2020 All Rights Reserved.

2 |

The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of the property within and is not to be used for any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property.

The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed in this proposal, and no other person is authorized by the Owner to provide any information or to make any representations other than contained in this Offering Brochure. If the person receiving these materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor.

Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. This Offering Brochure may include certain statements and estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully executed and delivered Real Estate Purchase Agreement between it and Owner.

The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property.

This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Offering Brochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and the SVN Advisor from any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospective purchaser proceeds at its own risk.

DISCLAIMER

SVN | Three Rivers Commercial Advisors309 Smithfield Street, 5th Fl, Pittsburgh, PA 15222

P: 412-535-8050 | F: 412-535-6855E: [email protected]

www.SVNThreeRivers.comAll SVN® offices independently owned and operated.

Jason CampagnaManaging Director | Senior Advisor

(412) [email protected]

Andreas KamouyerouSenior Advisor(412) 535-8062

[email protected]

| 3

SVN | Three Rivers Commercial Advisors309 Smithfield Street, 5th Fl, Pittsburgh, PA 15222

P: 412-535-8050 | F: 412-535-6855E: [email protected]

www.SVNThreeRivers.comAll SVN® offices independently owned and operated.

EXECUTIVE SUMMARYSVN | Three Rivers Commercial Advisors is pleased to present this rare opportunity to purchase a 5-story office building, in Downtown Pittsburgh. It offers an attractive combination of in-place revenues, strong tenant roster and a tremendous upside for the future owner.

100 Ross Street is an office building comprised of 53,056 SF with street retail along the corner of Ross Street and First Avenue, with visibility to Grant Street and Boulevard of the Allies in Downtown Pittsburgh. Its ideal location offers access to and from the city via I-376 E, I-376 W, I-279 N, and the Smithfield Street Bridge and it is within walking distance to Market Square, Station Square, and the Cultural District.

• 100 Ross Street is a 5-story Office building located in Down-

town Pittsburgh.

• Built in 1891 and renovated in 1995

• Elevators side of building built in 1925, older side of building

built pre-1900.

• Roofs replaced: elevator side - 2018. Stair towers, penthouse

and elevator tower - 2014

• Elevator replaced in 2006. Manual elevator replaced with auto-

matic hydraulic.

• LED lighting installed throughout building in 2018.

• Exposed aggregated sidewalk installed in 2013 and sealed

yearly.

4 |

BUILDING HIGHLIGHTSADDRESS: 100 Ross Street | Pittsburgh, PA 15219

PARCEL ID: 0002-J-00244-0000-00

LOT SIZE: 10,088 SF

LOCATION:Located between First Avenue and Boulevard of the Allies on Ross Street, parallel to Grant Street near the I-376 on/off ramps.

TENANCY: Mixture of law offices and other professional services

BUILDING SF: 53,242 SF

RSF: 53,056 SF

OCCUPANCY: 79.8%

# OF STORIES: 5

PARKING: Located next to multiple surface lots and parking garages

YEAR BUILT: 1891

ASKING PRICE: $4,635,000

| 5

0002-J-0024496.00

96.00

104.

22

105.

73

90.08

PARCEL OVERVIEW

6 |

South Side Trail

NORTH

PNC PARKHEINZ FIELD

P O I N T S TAT E PA R K

FIRSTS IDE PARK

DAVID L. LAWRENCE

CONVENTION CENTER

PPG PAINTS ARENA

STATION SQUARE

10TH ST BYPAVASS

PENN AVE

PENN AVE

PENN AVE

FIFTH AVE

FIFTH AVE

FORBES AVE

FORBES AVEFIRST AVE

FOURTH AVE

FOURTH AVE

THIRD AVE

WATSON ST

MAG

EE ST

PRID

E ST

STEVENSO

N ST

CRAWFORD ST

BEDFORD AVE

FIFTH AVE

LOCUST ST

CH

ATHAM

SQ

THIRD AVE

SECOND AVE

SECOND AVE

BLVD OF THE ALLIES

BLVD OF THE ALLIES

BLVD OF THE ALLIES

BLVD OF THE ALLIES

FORT PITT BLVD SMIT

HFIE

LD S

T

SMIT

HFIE

LD S

T

SMIT

HFIE

LD S

T

WIL

LIAM

PEN

N PL

MAR

KET

ST

WOO

D ST

WOO

D ST

WOO

D ST

OLIVER AVE

SIXTH AVE

SIXTH AVE

STANWIX ST

COM

MO

NWEALTH PL

STAN

WIX

ST

11TH ST

14TH ST15TH ST

16TH ST

DAVID MCCULLOUGH BRIDGE

STRAWBERRY WAY

BIGELOW BLVD

EAST BUSWAY

SMALLMAN ST

TO STRIP

DISTRICT

LIBERTY AVE.

CENTRE AVE

N SHORE DR.

CASINO DR.

N SHORE DR.

W GEN. ROBINSON ST.

FEDER

AL ST.

I-279

I-376

W CARSON ST

W CARSON ST

E CARSON ST

E CARSON ST

E STATION SQUARE DR.

FIRST AVE

FORT DUQUESNE BLVD

S COMMONS

RIDGE AVE

E OHIO ST

E NORTH AVE

W NORTH AVE

STOCKTON AVE

E COM

MO

NS

CEDAR AVE

N COMMONS

W C

OM

MO

NSFULLERTO

N ST

PENN AVE

PENN AVE

7TH ST7TH ST7TH ST

6TH ST6TH ST6TH ST

9TH ST9TH ST9TH ST

10TH ST10TH ST10TH ST

10TH ST10TH ST10TH ST

12TH ST

12TH ST

12TH ST13TH ST

13TH ST

13TH ST

8TH ST

GRAN

T ST

GRAN

T ST

ROSS

ST

ROSS

ST

CHER

RY W

AY

LIBERTY AVE

LIBERTY AVE

LIBERTY AVE

SEVENTH AVE

FORT D

UQ

UESN

E BRID

GE

GRAN

T ST

FORT PITT BLVD

French St

Tito Way

Maddock Pl

McM

aste

rs W

ay

Grae

me

St

Mar

ket S

t

Sixth Ave Diamond St.

Watson St

Shin

giss

St

Seitz St

Seitz St

Our Way

Colwell St

Watson St

Locust St

Edna St

Van Braam St

Armstrong Tunnel

Bluff St

Wylie Ave

Wylie Ave

Webster Ave

Manilla St

Robert St

Arthur St

Arthur St

Wylie Ave

Forbes Ave

W Station Square Dr.

W Station Square Dr.

P.J. McArdle Roadway

Waterfront P

l

Mulberry W

ay

Mazeroski W

ay

Isabella St.

Sandusky St.

Anderson St.

W Gen. Robinson St.River Ave

Fedaral St

Foreland St

Avery St

Lockhart St

Pressley St

Canal St

Shawano St

Suismon St

Thropp St

Tripoli St

Emlin

Moravian W

ay

James St

Middle St

East St

Middle St

N Shore Dr.

N Shore Dr.

Reedsdale St

Ridge Ave

Western Ave

Allegheny Ave

Galveston Ave

Rope W

ay

Brighton Rd

Buttercup Way

Beech Ave

Dounton Way

Maolis Way

N Lincoln Ave

W Ohio St

W North Ave

Art Rooney Ave

Exchange Way

Garrison Pl

McAnulty Dr

McA

nulty

Dr

B St

Try S

t

Delra

y St

A L L E G H E N Y R I V E R

MONONGAHELA R IVER

RACHEL CARSON BRIDG

E

AND

Y WAR

HO

L BRID

GE

RO

BERTO C

LEMEN

TE BRID

GE

FORT PITT BRIDGE

FORT PITT TUNNEL

SMIT

HFIE

LD S

T BR

IDGE

LIBE

RTY

BRID

GE

10TH ST BR

IDG

E

1-279

1-279

1-579

1-5791-279

1-376

1-376

1-376

TO GREAT ALLEGHENY PASSAGE (GAP)

TO EAST END

TO SOUTH HILLS

~25 Minute Walk

~25 M

inut

e Walk

~25 Minute Walk

~25 Minute Walk

WASHING

TON PL

5 11

20

22

6

13

7

19

15

17

14

84

1 3

10

1216

9

18

2

21

5

7

1

4

3

2

6

8

9

A

D O W N TO W N D E S T I N AT I O N S707-709 Penn Avenue Galleries

Andy Warhol Museum

Arcade Comedy Theater

August Wilson Center

Benedum Center

Bricolage Production Company

Byham Theater

Cabaret at Theater Square

Carnegie Science Center

Fort Pitt Museum

Harris Theater

Heinz Field

Heinz Hall

Highmark Stadium

O’Reilly Theater

PNC Park

Pittsburgh Playhouse

1

7

10

16

17

18

11

12

13

14

15

20

21

22

19

8

9

2

3

4

5

6

D O W N TO W N C O N S T R U C T I O NLower Hill Redevelopment Project(Ongoing) Predevelopment work

I-279 Parkway North Improvement Project(2017-2019)Northbound ramp closures, mainline I-279 restrictions, crossovers

Rachel Carson Bridge Rehabilitation (9TH Street Bridge)(2019-2020)Complete closure repair & rehabilitation. 10th Street Bridge Paving(2018-2019)Paving the bridge deck & completion of painting

1

2

3

For current info, go to DowntownPittsburgh.com/ConstructionFor shops, restaurants, events, and more, go to DowntownPittsburgh.com/Visit

5 8

96

7

4

I-579 “Cap” Urban Connector Project(2019-2021)Park connector project linking Downtown & the lower Hill District

9th and Penn Garage Redevelopment(Ongoing)Demolition & reconstruction of the public parking garage

Grant Street Reconstruction Project (2019-2020)Replacement of all bricks & damaged portions of the concrete subbase.

Forbes Avenue Sidewalk Extension Project(2019)Sidewalk ex tension between Market Square and Wood Street .

Boulevard of the Allies (2019-2020)Resurfacing, signal upgrades, ADA curb cut ramp installation, and pedestrian safety improvements.

Amtrak Station

Free Fare Zone Light Rail Station

Parking Garages with Bike Racks

Walking & Biking Trails

Light Rail Route

Pedestrian & Bike Walkways

Bike Lanes

Healthy Ride Bike Share

K E Y

Inclines

Port Authority Service Center

Trail Access Connections

Airport Flyer Stops (28X)

Light Rail Station

Bike Fix-It Station Locations

Rivers Casino

Senator John Heinz Pittsburgh Regional History Center

SPACE Gallery

Stage AE

Wood Street Galleries

DOWNTOWN PITTSBURGH MAP

South Side Trail

NORTH

PNC PARKHEINZ FIELD

P O I N T S TAT E PA R K

FIRSTS IDE PARK

DAVID L. LAWRENCE

CONVENTION CENTER

PPG PAINTS ARENA

STATION SQUARE

10TH ST BYPAVASS

PENN AVE

PENN AVE

PENN AVE

FIFTH AVE

FIFTH AVE

FORBES AVE

FORBES AVEFIRST AVE

FOURTH AVE

FOURTH AVE

THIRD AVE

WATSON ST

MAG

EE ST

PRID

E ST

STEVENSO

N ST

CRAWFORD ST

BEDFORD AVE

FIFTH AVE

LOCUST ST

CH

ATHAM

SQ

THIRD AVE

SECOND AVE

SECOND AVE

BLVD OF THE ALLIES

BLVD OF THE ALLIES

BLVD OF THE ALLIES

BLVD OF THE ALLIES

FORT PITT BLVD SMIT

HFIE

LD S

T

SMIT

HFIE

LD S

T

SMIT

HFIE

LD S

T

WIL

LIAM

PEN

N PL

MAR

KET

ST

WOO

D ST

WOO

D ST

WOO

D ST

OLIVER AVE

SIXTH AVE

SIXTH AVE

STANWIX ST

COM

MO

NWEALTH PL

STAN

WIX

ST

11TH ST

14TH ST15TH ST

16TH ST

DAVID MCCULLOUGH BRIDGE

STRAWBERRY WAY

BIGELOW BLVD

EAST BUSWAY

SMALLMAN ST

TO STRIP

DISTRICT

LIBERTY AVE.

CENTRE AVE

N SHORE DR.

CASINO DR.

N SHORE DR.

W GEN. ROBINSON ST.

FEDERAL ST.

I-279

I-376

W CARSON ST

W CARSON ST

E CARSON ST

E CARSON ST

E STATION SQUARE DR.

FIRST AVE

FORT DUQUESNE BLVD

S COMMONS

RIDGE AVE

E OHIO ST

E NORTH AVE

W NORTH AVE

STOCKTON AVE

E COM

MO

NS

CEDAR AVE

N COMMONS

W C

OM

MO

NS

FULLERTON ST

PENN AVE

PENN AVE

7TH ST7TH ST7TH ST

6TH ST6TH ST6TH ST

9TH ST9TH ST9TH ST

10TH ST10TH ST10TH ST

10TH ST10TH ST10TH ST

12TH ST

12TH ST

12TH ST13TH ST

13TH ST

13TH ST

8TH ST

GRAN

T ST

GRAN

T ST

ROSS

ST

ROSS

ST

CHER

RY W

AY

LIBERTY AVE

LIBERTY AVE

LIBERTY AVE

SEVENTH AVE

FORT DUQ

UESNE BRIDGE

GRAN

T ST

FORT PITT BLVD

French St

Tito Way

Maddock Pl

McM

aste

rs W

ay

Grae

me

St

Mar

ket S

t

Sixth Ave Diamond St.

Watson St

Shin

giss

St

Seitz StSeitz St

Our Way

Colwell St

Watson St

Locust St

Edna St

Van Braam St

Armstrong Tunnel

Bluff St

Wylie Ave

Wylie Ave

Webster Ave

Manilla St

Robert St

Arthur St

Arthur St

Wylie Ave

Forbes Ave

W Station Square Dr.

W Station Square Dr.

P.J. McArdle Roadway

Waterfront P

l

Mulberry Way

Mazeroski W

ay

Isabella St.

Sandusky St.

Anderson St.

W Gen. Robinson St.River Ave

Fedaral St

Foreland St

Avery St

Lockhart St

Pressley St

Canal St

Shawano St

Suismon St

Thropp St

Tripoli St

Emlin

Moravian W

ay

James St

Middle St

East St

Middle St

N Shore Dr.

N Shore Dr.

Reedsdale St

Ridge Ave

Western Ave

Allegheny Ave

Galveston Ave

Rope Way

Brighton Rd

Buttercup Way

Beech Ave

Dounton Way

Maolis Way

N Lincoln Ave

W Ohio St

W North Ave

Art Rooney Ave

Exchange Way

Garrison Pl

McAnulty Dr

McA

nulty

Dr

B St

Try S

t

Delra

y St

A L L E G H E N Y R I V E R

MONONGAHELA R IVER

RACHEL CARSON BRIDG

E

ANDY WARHO

L BRIDGE

ROBERTO

CLEMENTE BRIDG

E

FORT PITT BRIDGE

FORT PITT TUNNEL

SMIT

HFIE

LD S

T BR

IDGE

LIBE

RTY

BRID

GE

10TH ST BRIDGE

1-279

1-279

1-579

1-5791-279

1-376

1-376

1-376

TO GREAT ALLEGHENY PASSAGE (GAP)

TO EAST END

TO SOUTH HILLS

~25 Minute Walk

~25 M

inut

e Walk

~25 Minute Walk

~25 Minute Walk

WASHING

TON PL

5 11

20

22

6

13

7

19

15

17

14

84

1 3

10

1216

9

18

2

21

5

7

1

4

3

2

6

8

9

A

D O W N TO W N D E S T I N AT I O N S707-709 Penn Avenue Galleries

Andy Warhol Museum

Arcade Comedy Theater

August Wilson Center

Benedum Center

Bricolage Production Company

Byham Theater

Cabaret at Theater Square

Carnegie Science Center

Fort Pitt Museum

Harris Theater

Heinz Field

Heinz Hall

Highmark Stadium

O’Reilly Theater

PNC Park

Pittsburgh Playhouse

1

7

10

16

17

18

11

12

13

14

15

20

21

22

19

8

9

2

3

4

5

6

D O W N TO W N C O N S T R U C T I O NLower Hill Redevelopment Project(Ongoing) Predevelopment work

I-279 Parkway North Improvement Project(2017-2019)Northbound ramp closures, mainline I-279 restrictions, crossovers

Rachel Carson Bridge Rehabilitation (9TH Street Bridge)(2019-2020)Complete closure repair & rehabilitation. 10th Street Bridge Paving(2018-2019)Paving the bridge deck & completion of painting

1

2

3

For current info, go to DowntownPittsburgh.com/ConstructionFor shops, restaurants, events, and more, go to DowntownPittsburgh.com/Visit

5 8

96

7

4

I-579 “Cap” Urban Connector Project(2019-2021)Park connector project linking Downtown & the lower Hill District

9th and Penn Garage Redevelopment(Ongoing)Demolition & reconstruction of the public parking garage

Grant Street Reconstruction Project (2019-2020)Replacement of all bricks & damaged portions of the concrete subbase.

Forbes Avenue Sidewalk Extension Project(2019)Sidewalk ex tension between Market Square and Wood Street .

Boulevard of the Allies (2019-2020)Resurfacing, signal upgrades, ADA curb cut ramp installation, and pedestrian safety improvements.

Amtrak Station

Free Fare Zone Light Rail Station

Parking Garages with Bike Racks

Walking & Biking Trails

Light Rail Route

Pedestrian & Bike Walkways

Bike Lanes

Healthy Ride Bike Share

K E Y

Inclines

Port Authority Service Center

Trail Access Connections

Airport Flyer Stops (28X)

Light Rail Station

Bike Fix-It Station Locations

Rivers Casino

Senator John Heinz Pittsburgh Regional History Center

SPACE Gallery

Stage AE

Wood Street Galleries

South Side Trail

NORTH

PNC PARKHEINZ FIELD

P O I N T S TAT E PA R K

FIRSTS IDE PARK

DAVID L. LAWRENCE

CONVENTION CENTER

PPG PAINTS ARENA

STATION SQUARE

10TH ST BYPAVASS

PENN AVE

PENN AVE

PENN AVE

FIFTH AVE

FIFTH AVE

FORBES AVE

FORBES AVEFIRST AVE

FOURTH AVE

FOURTH AVE

THIRD AVE

WATSON ST

MAG

EE ST

PRID

E ST

STEVENSO

N ST

CRAWFORD ST

BEDFORD AVE

FIFTH AVE

LOCUST ST

CH

ATHAM

SQ

THIRD AVE

SECOND AVE

SECOND AVE

BLVD OF THE ALLIES

BLVD OF THE ALLIES

BLVD OF THE ALLIES

BLVD OF THE ALLIES

FORT PITT BLVD SMIT

HFIE

LD S

T

SMIT

HFIE

LD S

T

SMIT

HFIE

LD S

T

WIL

LIAM

PEN

N PL

MAR

KET

ST

WOO

D ST

WOO

D ST

WOO

D ST

OLIVER AVE

SIXTH AVE

SIXTH AVE

STANWIX ST

COM

MO

NWEALTH PL

STAN

WIX

ST

11TH ST

14TH ST15TH ST

16TH ST

DAVID MCCULLOUGH BRIDGE

STRAWBERRY WAY

BIGELOW BLVD

EAST BUSWAY

SMALLMAN ST

TO STRIP

DISTRICT

LIBERTY AVE.

CENTRE AVE

N SHORE DR.

CASINO DR.

N SHORE DR.

W GEN. ROBINSON ST.

FEDERAL ST.

I-279

I-376

W CARSON ST

W CARSON ST

E CARSON ST

E CARSON ST

E STATION SQUARE DR.

FIRST AVE

FORT DUQUESNE BLVD

S COMMONS

RIDGE AVE

E OHIO ST

E NORTH AVE

W NORTH AVE

STOCKTON AVE

E COM

MO

NS

CEDAR AVE

N COMMONS

W C

OM

MO

NS

FULLERTON ST

PENN AVE

PENN AVE

7TH ST7TH ST7TH ST

6TH ST6TH ST6TH ST

9TH ST9TH ST9TH ST

10TH ST10TH ST10TH ST

10TH ST10TH ST10TH ST

12TH ST

12TH ST

12TH ST13TH ST

13TH ST

13TH ST

8TH ST

GRAN

T ST

GRAN

T ST

ROSS

ST

ROSS

ST

CHER

RY W

AY

LIBERTY AVE

LIBERTY AVE

LIBERTY AVE

SEVENTH AVE

FORT DUQ

UESNE BRIDGE

GRAN

T ST

FORT PITT BLVD

French St

Tito Way

Maddock Pl

McM

aste

rs W

ay

Grae

me

St

Mar

ket S

t

Sixth Ave Diamond St.

Watson St

Shin

giss

St

Seitz St

Seitz St

Our Way

Colwell St

Watson St

Locust St

Edna St

Van Braam St

Armstrong Tunnel

Bluff St

Wylie Ave

Wylie Ave

Webster Ave

Manilla St

Robert St

Arthur St

Arthur St

Wylie Ave

Forbes Ave

W Station Square Dr.

W Station Square Dr.

P.J. McArdle Roadway

Waterfront P

l

Mulberry Way

Mazeroski W

ay

Isabella St.

Sandusky St.

Anderson St.

W Gen. Robinson St.River Ave

Fedaral St

Foreland St

Avery St

Lockhart St

Pressley St

Canal St

Shawano St

Suismon St

Thropp St

Tripoli St

Emlin

Moravian W

ay

James St

Middle St

East St

Middle St

N Shore Dr.

N Shore Dr.

Reedsdale St

Ridge Ave

Western Ave

Allegheny Ave

Galveston Ave

Rope Way

Brighton Rd

Buttercup Way

Beech Ave

Dounton Way

Maolis Way

N Lincoln Ave

W Ohio St

W North Ave

Art Rooney Ave

Exchange Way

Garrison Pl

McAnulty Dr

McA

nulty

Dr

B St

Try S

t

Delra

y St

A L L E G H E N Y R I V E R

MONONGAHELA R IVER

RACHEL CARSON BRIDG

E

ANDY WARHO

L BRIDGE

ROBERTO

CLEMENTE BRIDG

E

FORT PITT BRIDGE

FORT PITT TUNNEL

SMIT

HFIE

LD S

T BR

IDGE

LIBE

RTY

BRID

GE

10TH ST BRIDGE

1-279

1-279

1-579

1-5791-279

1-376

1-376

1-376

TO GREAT ALLEGHENY PASSAGE (GAP)

TO EAST END

TO SOUTH HILLS

~25 Minute Walk

~25 M

inut

e Walk

~25 Minute Walk

~25 Minute Walk

WASHING

TON PL

5 11

20

22

6

13

7

19

15

17

14

84

1 3

10

1216

9

18

2

21

5

7

1

4

3

2

6

8

9

A

D O W N TO W N D E S T I N AT I O N S707-709 Penn Avenue Galleries

Andy Warhol Museum

Arcade Comedy Theater

August Wilson Center

Benedum Center

Bricolage Production Company

Byham Theater

Cabaret at Theater Square

Carnegie Science Center

Fort Pitt Museum

Harris Theater

Heinz Field

Heinz Hall

Highmark Stadium

O’Reilly Theater

PNC Park

Pittsburgh Playhouse

1

7

10

16

17

18

11

12

13

14

15

20

21

22

19

8

9

2

3

4

5

6

D O W N TO W N C O N S T R U C T I O NLower Hill Redevelopment Project(Ongoing) Predevelopment work

I-279 Parkway North Improvement Project(2017-2019)Northbound ramp closures, mainline I-279 restrictions, crossovers

Rachel Carson Bridge Rehabilitation (9TH Street Bridge)(2019-2020)Complete closure repair & rehabilitation. 10th Street Bridge Paving(2018-2019)Paving the bridge deck & completion of painting

1

2

3

For current info, go to DowntownPittsburgh.com/ConstructionFor shops, restaurants, events, and more, go to DowntownPittsburgh.com/Visit

5 8

96

7

4

I-579 “Cap” Urban Connector Project(2019-2021)Park connector project linking Downtown & the lower Hill District

9th and Penn Garage Redevelopment(Ongoing)Demolition & reconstruction of the public parking garage

Grant Street Reconstruction Project (2019-2020)Replacement of all bricks & damaged portions of the concrete subbase.

Forbes Avenue Sidewalk Extension Project(2019)Sidewalk ex tension between Market Square and Wood Street .

Boulevard of the Allies (2019-2020)Resurfacing, signal upgrades, ADA curb cut ramp installation, and pedestrian safety improvements.

Amtrak Station

Free Fare Zone Light Rail Station

Parking Garages with Bike Racks

Walking & Biking Trails

Light Rail Route

Pedestrian & Bike Walkways

Bike Lanes

Healthy Ride Bike Share

K E Y

Inclines

Port Authority Service Center

Trail Access Connections

Airport Flyer Stops (28X)

Light Rail Station

Bike Fix-It Station Locations

Rivers Casino

Senator John Heinz Pittsburgh Regional History Center

SPACE Gallery

Stage AE

Wood Street Galleries

South Side Trail

NORTH

PNC PARKHEINZ FIELD

P O I N T S TAT E PA R K

FIRSTS IDE PARK

DAVID L. LAWRENCE

CONVENTION CENTER

PPG PAINTS ARENA

STATION SQUARE

10TH ST BYPAVASS

PENN AVE

PENN AVE

PENN AVE

FIFTH AVE

FIFTH AVE

FORBES AVE

FORBES AVEFIRST AVE

FOURTH AVE

FOURTH AVE

THIRD AVE

WATSON ST

MAG

EE ST

PRID

E ST

STEVENSO

N ST

CRAWFORD ST

BEDFORD AVE

FIFTH AVE

LOCUST ST

CH

ATHAM

SQ

THIRD AVE

SECOND AVE

SECOND AVE

BLVD OF THE ALLIES

BLVD OF THE ALLIES

BLVD OF THE ALLIES

BLVD OF THE ALLIES

FORT PITT BLVD SMIT

HFIE

LD S

T

SMIT

HFIE

LD S

T

SMIT

HFIE

LD S

T

WIL

LIAM

PEN

N PL

MAR

KET

ST

WOO

D ST

WOO

D ST

WOO

D ST

OLIVER AVE

SIXTH AVE

SIXTH AVE

STANWIX ST

COM

MO

NWEALTH PL

STAN

WIX

ST

11TH ST

14TH ST15TH ST

16TH ST

DAVID MCCULLOUGH BRIDGE

STRAWBERRY WAY

BIGELOW BLVD

EAST BUSWAY

SMALLMAN ST

TO STRIP

DISTRICT

LIBERTY AVE.

CENTRE AVE

N SHORE DR.

CASINO DR.

N SHORE DR.

W GEN. ROBINSON ST.

FEDERAL ST.

I-279

I-376

W CARSON ST

W CARSON ST

E CARSON ST

E CARSON ST

E STATION SQUARE DR.

FIRST AVE

FORT DUQUESNE BLVD

S COMMONS

RIDGE AVE

E OHIO ST

E NORTH AVE

W NORTH AVE

STOCKTON AVE

E COM

MO

NS

CEDAR AVE

N COMMONS

W C

OM

MO

NS

FULLERTON ST

PENN AVE

PENN AVE7TH ST7TH ST7TH ST

6TH ST6TH ST6TH ST

9TH ST9TH ST9TH ST

10TH ST10TH ST10TH ST

10TH ST10TH ST10TH ST

12TH ST

12TH ST

12TH ST13TH ST

13TH ST

13TH ST

8TH ST

GRAN

T ST

GRAN

T ST

ROSS

ST

ROSS

ST

CHER

RY W

AY

LIBERTY AVE

LIBERTY AVE

LIBERTY AVE

SEVENTH AVE

FORT DUQ

UESNE BRIDGE

GRAN

T ST

FORT PITT BLVD

French St

Tito Way

Maddock Pl

McM

aste

rs W

ay

Grae

me

St

Mar

ket S

t

Sixth Ave Diamond St.

Watson St

Shin

giss

St

Seitz St

Seitz St

Our Way

Colwell St

Watson St

Locust St

Edna St

Van Braam St

Armstrong Tunnel

Bluff St

Wylie Ave

Wylie Ave

Webster Ave

Manilla St

Robert St

Arthur St

Arthur St

Wylie Ave

Forbes Ave

W Station Square Dr.

W Station Square Dr.

P.J. McArdle Roadway

Waterfront P

l

Mulberry Way

Mazeroski W

ay

Isabella St.

Sandusky St.

Anderson St.

W Gen. Robinson St.River Ave

Fedaral St

Foreland St

Avery St

Lockhart St

Pressley St

Canal St

Shawano St

Suismon St

Thropp St

Tripoli St

Emlin

Moravian W

ay

James St

Middle St

East St

Middle St

N Shore Dr.

N Shore Dr.

Reedsdale St

Ridge Ave

Western Ave

Allegheny Ave

Galveston Ave

Rope Way

Brighton Rd

Buttercup Way

Beech Ave

Dounton Way

Maolis Way

N Lincoln Ave

W Ohio St

W North Ave

Art Rooney Ave

Exchange Way

Garrison Pl

McAnulty Dr

McA

nulty

Dr

B St

Try S

t

Delra

y St

A L L E G H E N Y R I V E R

MONONGAHELA R IVER

RACHEL CARSON BRIDG

E

ANDY WARHO

L BRIDGE

ROBERTO

CLEMENTE BRIDG

E

FORT PITT BRIDGE

FORT PITT TUNNEL

SMIT

HFIE

LD S

T BR

IDGE

LIBE

RTY

BRID

GE

10TH ST BRIDGE

1-279

1-279

1-579

1-5791-279

1-376

1-376

1-376

TO GREAT ALLEGHENY PASSAGE (GAP)

TO EAST END

TO SOUTH HILLS

~25 Minute Walk

~25 M

inut

e Walk

~25 Minute Walk

~25 Minute Walk

WASHING

TON PL

5 11

20

22

6

13

7

19

15

17

14

84

1 3

10

1216

9

18

2

21

5

7

1

4

3

2

6

8

9

A

D O W N TO W N D E S T I N AT I O N S707-709 Penn Avenue Galleries

Andy Warhol Museum

Arcade Comedy Theater

August Wilson Center

Benedum Center

Bricolage Production Company

Byham Theater

Cabaret at Theater Square

Carnegie Science Center

Fort Pitt Museum

Harris Theater

Heinz Field

Heinz Hall

Highmark Stadium

O’Reilly Theater

PNC Park

Pittsburgh Playhouse

1

7

10

16

17

18

11

12

13

14

15

20

21

22

19

8

9

2

3

4

5

6

D O W N TO W N C O N S T R U C T I O NLower Hill Redevelopment Project(Ongoing) Predevelopment work

I-279 Parkway North Improvement Project(2017-2019)Northbound ramp closures, mainline I-279 restrictions, crossovers

Rachel Carson Bridge Rehabilitation (9TH Street Bridge)(2019-2020)Complete closure repair & rehabilitation. 10th Street Bridge Paving(2018-2019)Paving the bridge deck & completion of painting

1

2

3

For current info, go to DowntownPittsburgh.com/ConstructionFor shops, restaurants, events, and more, go to DowntownPittsburgh.com/Visit

5 8

96

7

4

I-579 “Cap” Urban Connector Project(2019-2021)Park connector project linking Downtown & the lower Hill District

9th and Penn Garage Redevelopment(Ongoing)Demolition & reconstruction of the public parking garage

Grant Street Reconstruction Project (2019-2020)Replacement of all bricks & damaged portions of the concrete subbase.

Forbes Avenue Sidewalk Extension Project(2019)Sidewalk extension between Market Square and Wood Street .

Boulevard of the Allies (2019-2020)Resurfacing, signal upgrades, ADA curb cut ramp installation, and pedestrian safety improvements.

Amtrak Station

Free Fare Zone Light Rail Station

Parking Garages with Bike Racks

Walking & Biking Trails

Light Rail Route

Pedestrian & Bike Walkways

Bike Lanes

Healthy Ride Bike Share

K E Y

Inclines

Port Authority Service Center

Trail Access Connections

Airport Flyer Stops (28X)

Light Rail Station

Bike Fix-It Station Locations

Rivers Casino

Senator John Heinz Pittsburgh Regional History Center

SPACE Gallery

Stage AE

Wood Street Galleries

South Side Trail

NORTH

PNC PARKHEINZ FIELD

P O I N T S TAT E PA R K

FIRSTS IDE PARK

DAVID L. LAWRENCE

CONVENTION CENTER

PPG PAINTS ARENA

STATION SQUARE

10TH ST BYPAVASS

PENN AVE

PENN AVE

PENN AVE

FIFTH AVE

FIFTH AVE

FORBES AVE

FORBES AVEFIRST AVE

FOURTH AVE

FOURTH AVE

THIRD AVE

WATSON ST

MAG

EE ST

PRID

E ST

STEVENSO

N ST

CRAWFORD ST

BEDFORD AVE

FIFTH AVE

LOCUST ST

CH

ATHAM

SQ

THIRD AVE

SECOND AVE

SECOND AVE

BLVD OF THE ALLIES

BLVD OF THE ALLIES

BLVD OF THE ALLIES

BLVD OF THE ALLIES

FORT PITT BLVD SMIT

HFIE

LD S

T

SMIT

HFIE

LD S

T

SMIT

HFIE

LD S

T

WIL

LIAM

PEN

N PL

MAR

KET

ST

WOO

D ST

WOO

D ST

WOO

D ST

OLIVER AVE

SIXTH AVE

SIXTH AVE

STANWIX ST

COM

MO

NWEALTH PL

STAN

WIX

ST

11TH ST

14TH ST15TH ST

16TH ST

DAVID MCCULLOUGH BRIDGE

STRAWBERRY WAY

BIGELOW BLVD

EAST BUSWAY

SMALLMAN ST

TO STRIP

DISTRICT

LIBERTY AVE.

CENTRE AVE

N SHORE DR.

CASINO DR.

N SHORE DR.

W GEN. ROBINSON ST.

FEDERAL ST.

I-279

I-376

W CARSON ST

W CARSON ST

E CARSON ST

E CARSON ST

E STATION SQUARE DR.

FIRST AVE

FORT DUQUESNE BLVD

S COMMONS

RIDGE AVE

E OHIO ST

E NORTH AVE

W NORTH AVE

STOCKTON AVE

E COM

MO

NS

CEDAR AVE

N COMMONS

W C

OM

MO

NS

FULLERTON ST

PENN AVE

PENN AVE

7TH ST7TH ST7TH ST

6TH ST6TH ST6TH ST

9TH ST9TH ST9TH ST

10TH ST10TH ST10TH ST

10TH ST10TH ST10TH ST

12TH ST

12TH ST

12TH ST13TH ST

13TH ST

13TH ST

8TH ST

GRAN

T ST

GRAN

T ST

ROSS

ST

ROSS

ST

CHER

RY W

AY

LIBERTY AVE

LIBERTY AVE

LIBERTY AVE

SEVENTH AVE

FORT DUQ

UESNE BRIDGE

GRAN

T ST

FORT PITT BLVD

French St

Tito Way

Maddock Pl

McM

aste

rs W

ay

Grae

me

St

Mar

ket S

t

Sixth Ave Diamond St.

Watson St

Shin

giss

St

Seitz St

Seitz St

Our Way

Colwell St

Watson St

Locust St

Edna St

Van Braam St

Armstrong Tunnel

Bluff St

Wylie Ave

Wylie Ave

Webster Ave

Manilla St

Robert St

Arthur St

Arthur St

Wylie Ave

Forbes Ave

W Station Square Dr.

W Station Square Dr.

P.J. McArdle Roadway

Waterfront P

l

Mulberry Way

Mazeroski W

ay

Isabella St.

Sandusky St.

Anderson St.

W Gen. Robinson St.River Ave

Fedaral St

Foreland St

Avery St

Lockhart St

Pressley St

Canal St

Shawano St

Suismon St

Thropp St

Tripoli St

Emlin

Moravian W

ay

James St

Middle St

East St

Middle St

N Shore Dr.

N Shore Dr.

Reedsdale St

Ridge Ave

Western Ave

Allegheny Ave

Galveston Ave

Rope Way

Brighton Rd

Buttercup Way

Beech Ave

Dounton Way

Maolis Way

N Lincoln Ave

W Ohio St

W North Ave

Art Rooney Ave

Exchange Way

Garrison Pl

McAnulty Dr

McA

nulty

Dr

B St

Try S

t

Delra

y St

A L L E G H E N Y R I V E R

MONONGAHELA R IVER

RACHEL CARSON BRIDG

E

ANDY WARHO

L BRIDGE

ROBERTO

CLEMENTE BRIDG

E

FORT PITT BRIDGE

FORT PITT TUNNEL

SMIT

HFIE

LD S

T BR

IDGE

LIBE

RTY

BRID

GE

10TH ST BRIDGE

1-279

1-279

1-579

1-5791-279

1-376

1-376

1-376

TO GREAT ALLEGHENY PASSAGE (GAP)

TO EAST END

TO SOUTH HILLS

~25 Minute Walk

~25 M

inut

e Walk

~25 Minute Walk

~25 Minute Walk

WASHING

TON PL

5 11

20

22

6

13

7

19

15

17

14

84

1 3

10

1216

9

18

2

21

5

7

1

4

3

2

6

8

9

A

D O W N TO W N D E S T I N AT I O N S707-709 Penn Avenue Galleries

Andy Warhol Museum

Arcade Comedy Theater

August Wilson Center

Benedum Center

Bricolage Production Company

Byham Theater

Cabaret at Theater Square

Carnegie Science Center

Fort Pitt Museum

Harris Theater

Heinz Field

Heinz Hall

Highmark Stadium

O’Reilly Theater

PNC Park

Pittsburgh Playhouse

1

7

10

16

17

18

11

12

13

14

15

20

21

22

19

8

9

2

3

4

5

6

D O W N TO W N C O N S T R U C T I O NLower Hill Redevelopment Project(Ongoing) Predevelopment work

I-279 Parkway North Improvement Project(2017-2019)Northbound ramp closures, mainline I-279 restrictions, crossovers

Rachel Carson Bridge Rehabilitation (9TH Street Bridge)(2019-2020)Complete closure repair & rehabilitation. 10th Street Bridge Paving(2018-2019)Paving the bridge deck & completion of painting

1

2

3

For current info, go to DowntownPittsburgh.com/ConstructionFor shops, restaurants, events, and more, go to DowntownPittsburgh.com/Visit

5 8

96

7

4

I-579 “Cap” Urban Connector Project(2019-2021)Park connector project linking Downtown & the lower Hill District

9th and Penn Garage Redevelopment(Ongoing)Demolition & reconstruction of the public parking garage

Grant Street Reconstruction Project (2019-2020)Replacement of all bricks & damaged portions of the concrete subbase.

Forbes Avenue Sidewalk Extension Project(2019)Sidewalk ex tension between Market Square and Wood Street .

Boulevard of the Allies (2019-2020)Resurfacing, signal upgrades, ADA curb cut ramp installation, and pedestrian safety improvements.

Amtrak Station

Free Fare Zone Light Rail Station

Parking Garages with Bike Racks

Walking & Biking Trails

Light Rail Route

Pedestrian & Bike Walkways

Bike Lanes

Healthy Ride Bike Share

K E Y

Inclines

Port Authority Service Center

Trail Access Connections

Airport Flyer Stops (28X)

Light Rail Station

Bike Fix-It Station Locations

Rivers Casino

Senator John Heinz Pittsburgh Regional History Center

SPACE Gallery

Stage AE

Wood Street Galleries

100ROSS

STREET

| 7

81BIKE SCORE

98WALK SCORE

100TRANSIT SCORE

11THEATERS

215RESTAURANTS

130RETAILERS

4k+HOTEL ROOMS

24M+SQUARE FEET

RENTABLE OFFICE SPACE5

FORTUNE 500 COMPANIES

DOWNTOWN PITTSBURGH BY THE NUMBERS

8 |

POPULATION 1 MILE 3 MILES 5 MILES2020 Total population 22,969 148,042 382,931

2025 Projected population 23,210 147,454 379,409

Average age 36.0 37.0 39.0

Median home value $194,507 $120,935 $148,918

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILESTotal households 9,213 65118 172,008

# of persons per HH 1.7 2.0 2.1

Average HH income $92,213 $65,012 $74,581

Median HH income $57,784 $41,888 $52,301

DEMOGRAPHICS

DAYTIME POPULATION

148,042 *3 Mile Radius

AVERAGE HOUSEHOLD

I N C O M E$92,213

*1 Mile Radius

AVERAGE

AGE36.0

*1 Mile Radius

| 9

EXTERIOR PHOTOS

10 |

INTERIOR PHOTOS

1st Floor Elevator 4th FloorLobby

5th Floor 5th Floor 4th Floor

| 11

FLOOR PLAN SAMPLE

1st Floor

12 |

309 Smithfield Street, 5th Floor | Pittsburgh, PA 15222(412) 535-8050 | [email protected]

www.svnthreerivers.com

Richard L. BeynonSenior Advisor(412) 536-5036

[email protected]