Cranberry Business Park, Building 220 - office in Cranberry Township, PA
Office

Cranberry Business Park, Building 220

220 w kensinger dr cranberry township, pa, 16066, cranberry township, PA 16066

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Very Low Confidence
Low
$3.40/SF
Mid
$4.00/SF
High
$4.60/SF
Tier Used
peer_city_transfer

Transferred from peer market tulsa (similarity: 100%) with 3 comparable listings.

Peer market: tulsa (100% similarity)
Tier Resolution Trace
Tier 1insufficient_data
Tier 2insufficient_data
Tier 3insufficient_data
Tier 4successselected
Cost Breakdown
ComponentValueDetailSource
Base Rent$4.00/SFpeer_city_transfer
Utilities7.8¢/kWhOpenEI URDB
Property Tax0.0% eff. rateAPI Ninjas
Labor Index$1512/wkBLS QCEW
Source Provenance (1)
SourceTypeCountYearFreshnessPeer
Peer City Transfereconomic_similarity3real-timetulsa (100%)
Data sources used
peer_city_transfer

Description

Cranberry Business Park is one of the most forward-thinking developments in Western Pennsylvania. Its office, flex and warehouse installations are unique to the region, while providing a workplace that maintains efficiency in cost and everyday use.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

220 w kensinger dr cranberry township, pa, 16066, cranberry township, PA 16066

Marker
Leaflet © OpenStreetMap contributors

Market Context

As of Q1 2026, the Pittsburgh office market showed average asking rents near $26.74/SF/yr, and rents up 2.8% year over year. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

low confidence
Projected asking rent
$26.74–$26.93/SF/yr
Estimated sale value
$98–$129/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 12.5%, asking rent trend-adjusted to today).

View the full Pittsburgh Office market report →

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Compare it against other office listings for sale in Cranberry Township, PA to benchmark pricing and space — view the full market.

Unified Estimate

Very Low Confidence
$18.70/SF-$25.30/SF
Mid: $22.00/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market tulsa (similarity: 100%) with 3 comparable listings.

Sale Price History

Market report quarterly trend fallback

Low Confidence
  • Avg Rent ($/SF/yr) (market data)
Q1 '25Q3 '25Q4 '25Q1 '26$0$45$90$135$180
Market asking rent (quarterly avg)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Financing Assumptions

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Employment Trend

YoY Growth:+0.3%
Avg Weekly Wage:$1,478

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population49,801
Median Income$62k↓ 18%
College Educated17.8%↓ 15.6pp
Median Age47.6 yrs
Median Home Value$120k
Unemployment5.6%↑ 2.0pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Assumptions
  • Interest rate: 6.47% (FRED live)
  • Loan term: 25 years
  • Down payment: 25.0%
  • Market comparison: office in cranberry township, PA

More Office for Sale in Cranberry Township, PA(5)

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Listed by

JLL