Rare opportunity to acquire the Forbes Oakland Building located in Oakland (Pittsburgh). A lot of opportunity to add value by leasing up the remaining space. Building has multiple tenants and is currently 73% occupied. Tenants in include: dentists, University of Pittsburgh, research companies, and Carlow University. Sales Info: ■ Commision split: 0.0% Location Description: Property is located in the highly sought after Oakland submarket of Pittsburgh. The building located in the middle of several major hospitals and universities. Highlights: ■ Well maintained office building in the heart of Oakland. ■ Building is located directly in between Carlow University and Magee Womens Hospital. ■ Gross Revenue at 100% occupancy would be over $330,000. This would yield an 8.5% CAP RATE. ■ High visibility and traffic count. ■ Located at the beginning of the Oakland corridor, with 50 feet of frontage on Forbes Avenue. « show less
Rare opportunity to acquire the Forbes Oakland Building located in Oakland (Pittsburgh). A lot of opportunity to add value by leasing up the... show more »
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