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Mercy Hospital School of Nursing

Off-Market

1401 Boulevard of the Allies, Pittsburgh, PA 15219

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - Medical Office
  • Property Size 136,439 Sqft
  • Lot Size 3.03 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1925

Location

  • City Pittsburgh, PA
  • Neighborhood Bluff
  • Zip Code 15219
  • Market Pittsburgh

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 03 Aug, 2007
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Pittsburgh

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Pittsburgh Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $25.41
  • 2020 Office Vacancy Rate 15.47%
  • 2020 Office Completions (Sqft) 1,157,586

Pittsburgh Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $74.93
  • Y-o-Y Avg. PpSF Change -35.17%
  • 2020 Office Sales Volume $12.8M
  • 2020 Number of Transactions 3
View more Pittsburgh market trends

Tax

  • Property Tax in 2021 $446,833
  • Market Value $19,649,686
  • Assessed Value $19,649,686

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of Mercy Hospital School of Nursing?

Mercy Hospital School of Nursing totals 136,439 square feet.

When was this property built?

Mercy Hospital School of Nursing was built in 1925.

When was Mercy Hospital School of Nursing last sold?

Mercy Hospital School of Nursing was last sold on 03 Aug, 2007.

What is the property tax for Mercy Hospital School of Nursing?

The property tax for Mercy Hospital School of Nursing in 2021 was $446,833.

What is the market value for Mercy Hospital School of Nursing?

The market value for Mercy Hospital School of Nursing in 2021 was $19,649,686.

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