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CONFIDENTIAL OFFERING MEMORANDUM BROCHURE 10 Bedford Square Pittsburgh, PA 15203

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CONFIDENTIAL OFFERING MEMORANDUM BROCHURE 10 Bedford Square Pittsburgh, PA 15203 10 Bedford Square CONFIDENTIAL OFFERING MEMORANDUM BROCHURE 10 Bedford Square Pittsburgh, PA 15203 FOR SALE > 8,500 SF LOFT OFFICE BUILDING WITH PARKING LOT ASKING PRICE: $1,950,000 INCLUDES AN ADJACENT 19 CAR PARKING LOT KEY FEATURES/HIGHLIGHTS CONTACT US > 2,800 +/- SF on three (3) levels - full basement with additional GREGG BROUJOS conference room, kitchen, bathroom and file storage REGIONAL PRINCIPAL | PITTSBURGH > High ceilings, exposed brick and wood beams & columns throughout INVESTMENT SERVICES 412 515 8523 > 4-stop freight elevator [email protected] > Original sliding metal doors throughout > Large windows and abundant natural light on every floor MICHELLE DOMEISEN SIOR, CCIM SENIOR VICE PRESIDENT | PITTSBURGH > 1st and 2nd floors are a combination of private offices and open work INVESTMENT SERVICES space; third floor is wide open work space with shower facility 412 515 8544 [email protected] > Two (2) restrooms on each floor Carnegie Mellon University (CMU) University of Pittsburgh (PITT) Pittsburgh’s CBD LOCATION HIGHLIGHTS > Prime location in the historic and charming Bedford Square area located in the popular South Side Flats neighborhood in the City of Pittsburgh > 20 Minute walk to Downtown Pittsburgh > Less than one (1) mile from Duquesne University > Less than three (3) miles from University of Pittsburgh and Carnegie Mellon University > One (1) mile from Downtown Pittsburgh > Minutes to Liberty Bridge entrance for access to Route 51 and I-579 DEMOGRAPHICS 1 Mile 3 Miles 5 Miles 7 Miles Population 25,566 160,021 399,821 625,910 Number of Households 9,717 68,681 179,737 281,914 Est. Average Household Income (2020) $63,008 $72,202 $81,413 $81,708 Employees 100,540 284,365 378,682 472,672 This document/email has been prepared by Colliers International for advertising and general information COLLIERS INTERNATIONAL only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and 525 William Penn Place reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising Suite 3510 out of this document and excludes all liability for loss and damages arising there from. This publication is Pittsburgh, PA 15219 the copyrighted property of Colliers International and /or its licensor(s). © 2016. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. www.colliers.com/pittsburgh TABLE OF CONTENTS 1 FLOOR PLANS 2 PARKING LOT SURVEY 3 PROPERTY OVERVIEW 4 PROPERTY PHOTOS 5 SOUTH SIDE OVERVIEW 6 PITTSBURGH REGIONAL OVERVIEW 7 MAPS >> RETAIL & SOUTHWESTERN PA 8 DEMOGRAPHICS 1 Floor Plans 1st Floor 2nd Floor 1 Floor Plans 3rd Floor 2Parking Lot Survey I I V 3-H-2?>6 BLOCK J- H, LOl 22� I I I I D 8 3830 PC S S4 I D.B.\J. 10.371 PC,?>76 7/28/196(} 4/27 / 1��8 JO -N J/\REMEN KD. ET X NARIE H HOLSINGER sAlJ�� 10 J Ta I PBY 12ql PC 15D I J DH N H01HU1 E1 U PPwl( LfD �!AX/o7i\brs JIl l -----�IS _§8_)-! 'DO---l--t. ----- -----�-- 0 ,. � ALL FY WA y - ��� ><--1(--X-->1. -;-- -i,:- - __Q IT£AI F CH,;.1/N UAlK F£NCE � ,/-WN LINK f_ N([T OVER O '-!5-1/2 � { PBV l VA CANT L,i:Vu l..J I c::::i ' FIRST DESCRIBED �CJ ::.-1 C{)II; !?.J.,N:NC V I �� 5 lDD 5{)FT OR DB 5' � L.r{' 0 f3i ACR£S 5/1 � � NICOLI\• � CHARLE 3-H-247 TWO STORY <· D 8 V 76:iO PC 622 BRICK BLOC 9/Z'a/'987 D/\\/1C J, GAR O'f 10 ROBE R1 C 8 R.llN DECE[ �t::J 60.00' 5 88� 1 'Dl?, E 7 2J {.[} ,VCR£7£ 5 • O[WAU( © I � CHAIN LINK FtNCE lr) OV£R' D'-.J-J/o'" D Bf!✓CHAM STREET � :i;: or r @ (i)8£L T CDl/RSt ® BE'L8LO'v COURSE OV[R ()'-/QF J/8" l BLDG OVER O - 4-- 1/4 . -CDNC (VR8 l � &RICK WALL b OVER 300' 3Property Overview ADDRESS: 10 Bedford Square, Pittsburgh, PA 15203 MUNICIPALITY: City of Pittsburgh ZONING: Building: LNC – Local Neighborhood Commercial Parking Lot: NDI – Neighborhood Industrial TAX IDENTIFICATION NUMBERS: Building: 3-H-184 and 3-H-182 Parking Lot: 3-H-247 PROPERTY TAXES PER YEAR: $26,526.67 (face amount) ASSESSMENT VALUE: 3-H-184 = $1,092,000 3-H-182 = $4,400 3-H-247 = $57,000 HVAC UNITS: Six (6) NUMBER OF BATHROOMS: Seven (7); two on each floor and one in the basement; one of the bathrooms on the third floor has a shower stall PARKING SPACES: 19 – adjacent parking lot; self park ELEVATOR: Freight with four (4) stops ROOF: Rubber; age unknown FLOOR SIZE: 2,820 square feet per floor on three above-ground levels BASEMENT: Full basement with additional conference room, kitchen, lounge, file storage area, mechanical room, and dry storage WINDOWS: Double pane aluminum clad Colliers International 601 S GRANT ST | 9 4Property Photos 4Property Photos 5South Side Overview Pittsburgh's South Side neighborhood offers cultural diversity and a rich history that provides an exciting urban feel. It is located along the Monongahela River within miles of Pittsburgh’s Central Business District and is well connected with public transportation and is in close proximity to several major roadways. South Side offers an array of dining, shopping and entertainment options. The dining experience can be inexpensive and casual or if you prefer a less casual dinner there is several options for upscale dining. For your shopping pleasure you can take advantage of the unique shops along the historic shopping district, or you could go to South Side Works which is a very large open-air retail complex located on the river front which offers prime shopping, dining and entertainment. The retail complex offers plenty of dining options, ample shopping alternatives and for your entertainment it includes a movie theater. 6Pittsburgh Regional Overview PITTSBURGH ACCOLADES Pittsburgh has consistently ranked among the top places to live, work, and visit in the United States. A competitive cost of doing business, an educated, skilled workforce, academic, corporate, and government research and development, and ample energy resources are pooled in the vicinity. The Pittsburgh vicinity not only boasts access to 50%+ of the United States buying power within 500 miles, with connectivity to those resources through 18 commercial railroad systems, interstate highway access, and the Pittsburgh International airport. Out of the top 40 MSA's in the United States, Pittsburgh ranked 18th in venture capital investment dollars per capita and 5th in deals per million residents. > Pittsburgh International Airport as one of the most innovative companies in the world, the first time an airport has landed among the list of industry-changing firms - Fast Company 2020 > Ranked Pittsburgh as the seventh-best city in the United States to launch a career - LinkedIn 's Economic Graph Team 2020 > Named Pittsburgh among the top 20 cities in the United States for people on bicycles - People for Bikes, (one of the nation’s leading organizations dedicated to making bicycling safer, more convenient and appealing for everyone) 2020 > UPMC Children’s Hospital of Pittsburgh ranked No. 9 on the 2020-21 U.S. News & World Report Honor Roll of America’s Best Children’s Hospitals, earning high marks in cardiology and heart surgery, diabetes and endocrinology, gastroenterology and gastroenterology surgery and pulmonology. > 5th best city for STEM professionals says - WalletHub 2019 > Pittsburgh is included in the 3rd largest megaregion in the world according to - Global Metro Monitor 2019 > One of the seven best cities for Gen Xers - Nature World News 2019 > Ranked sixth among the top 10 large college cities in America - WalletHub 2019 > Pittsburgh International Airport is one of the best airports in the U.S. for long layovers - Budget Travel 2019 > Pittsburgh International Airport as one of the top 10 best domestic airports - Travel+Leisure 2019 6Pittsburgh Regional Overview > Ranked among the top three best cities in the U.S. for first-time homebuyers - Lending Tree 2019 > One of the best cities for jobs - WalletHub 2019 > Pittsburgh fourth among the 10 Most Welcoming Cities in the U.S. - Budget Travel 2019 > One of the top 20 U.S. cities to retire - U.S. News & World Report 2019 > Ranks in the top 20 big cities to live in - WalletHub 2019 > Pittsburgh a top U.S. destination for good food - Yelp 2019 > Pittsburgh made the list of 25 up-and-coming startup cities projected to grow into the hubs of the future - Valuer's 2019 > One of the most walkable cities in the U.S. - TravelPulse 2019 > PNC Park ranked as having the best ballpark atmosphere in the MLB - Seatgeek 2019 > Pittsburgh ranks No. 6 for best skyline views in the U.S.- Thrillist 2019 > The Monongahela Incline makes the list for the world’s coolest public transit rides - Atlas Obscura 2019 > Pittsburgh is the only U.S. city in the London issue of National Geographic Traveller’s cool cities to visit in 2019 6Pittsburgh Regional Overview VENTURE CAPITAL INVESTMENTS IN PITTSBURGH START-UPS DOUBLED IN 2019 FROM 2018 TOTAL MARKET FUNDAMENTALS PITTSBURGH for 2% of domestic gas supply, but this figure jumped to Pittsburgh, an historically stable market, rebounded nearly 18% at the end of 2015. Marcellus Shale is now vigorously from the economic downturn of 2008. thought to contain 500 trillion cubic feet of natural gas. Pittsburgh’s economy has consistently out-performed Due in part to this resource, the oil giant Shell announced the national economy.
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