Office for Sale in Pittsburgh, PA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Pittsburgh, PA 15235

Description

Now available for lease, office Penn Center East V located at 500 Penn Center Blvd Pittsburgh, Pennsylvania 15235. Available square footage 12,044 SF.

Market Context

This office in Pittsburgh, PA is listed for sale. It has been on the market for 92 days. Compare it against other office listings for sale in Pittsburgh, PA — <a href="/search/sale/office/pennsylvania/pittsburgh">view the full market</a>.

As of Q1 2026, the Pittsburgh office market showed average asking rents near $26.74/SF/yr, rents up 2.8% year over year, and cap rates around 12.5%. Source: Consensus Q1 2026 market report.

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

Office market FAQ

What is the typical cap rate for office in Pittsburgh?
About 12.5% as of Q1 2026, per Consensus.

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.

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