5 Acre Development Site 5600 Corporate Drive, Pittsburgh, Pa 15237
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5 ACRE DEVELOPMENT SITE 5600 CORPORATE DRIVE, PITTSBURGH, PA 15237 AVAILABLE * OPPORTUNITY FEATURES This 5 usable acre parcel is located directly off McKnight Road & in the center of McCandless Corporate Center, a 324,000 SF, 99% occupied Class-A, four building office park. Divisible to 1.5 acres Consumer Spending within a 3 mile radius was more than $715 million in 2018. McKnight Road is home to over 300 retailers with an AADT of over 55,000. Located centrally to Pittsburgh (less than 8 miles away) & Cranberry (less than 12 miles away), two of the main traffic points in Western PA Over 10,833 daily employees & 826 companies within a one-mile radius McCandless Crossing, 130 acre mixed-use development site is located north of the site and Ross Park Mall located just to the south. Direct site-line to UPMC Passavant Hospital and adjacent to LaRoche College 5 ACRES 324,288 SF TOTAL SPACE AT MCCANDLESS CROSSING Nearby Amenities RESTAURANTS, BANKS & SHOPPING Population: 58,347 WITHIN A 3 MILE RADIUS OF THE SITE 5 usable acres HOSPITAL ALLEGHENY SCHOOL DISTRICT K-10 55,000 AADT 5 ACRE SITE DETAILS This development site is situated along McKnight Road, one of the largest retail corridors of Western Pennsylvania. With over 300 major retailers located on McKnight Road (Average Annual Daily Traffic Counts are 55,000 + cars). Located directly behind the site is UPMC Passavant Hospital, the North Hills branch of the Pittsburgh-based heath care giant Uni- versity of Pittsburgh Medical Center (UPMC). Across from UPMC Passavant is La Roche College, with average enrollment of over 1,300 students. 9,433 AADT 19 HOSPITAL Over 3 million visitors annually 55,000 AADT Ross Park Mall Demographic Summary Report 5600 Corporate Dr, Pittsburgh, PA 15237 Building Type: Land Total Available: 0 SF Class: - % Leased: 0% RBA: - Rent/SF/Yr: - Typical Floor: - DEMOGRAPHICS CONSUMER SPENDING (1 mile radius) Radius 1 Mile 3 Mile 5 Mile Population 2023 Projection 7,065 58,347 135,934 2018 Estimate 7,107 58,669 136,665 2010 Census 7,114 58,550 136,297 Growth 2018 - 2023 -0.59% -0.55% -0.53% Growth 2010 - 2018 -0.10% 0.20% 0.27% 2018 Population by Hispanic Origin 107 780 2,082 2018 Population 7,107 58,669 136,665 White 6,485 91.25% 54,189 92.36% 125,522 91.85% Black 96 1.35% 919 1.57% 3,038 2.22% Am. Indian & Alaskan 3 0.04% 50 0.09% 132 0.10% Asian 437 6.15% 2,852 4.86% 6,139 4.49% EMPLOYEE OCCUPATION Hawaiian & Pacific Island 2 0.03% 31 0.05% 67 0.05% Other 84 1.18% 628 1.07% 1,767 1.29% U.S. Armed Forces 11 41 43 Households 2023 Projection 3,073 25,033 56,970 2018 Estimate 3,089 25,140 57,249 2010 Census 3,081 24,957 56,981 Growth 2018 - 2023 -0.52% -0.43% -0.49% Growth 2010 - 2018 0.26% 0.73% 0.47% Owner Occupied 2,264 73.29% 19,321 76.85% 44,237 77.27% Renter Occupied 825 26.71% 5,820 23.15% 13,013 22.73% 2018 Households by HH Income 3,089 25,143 57,251 HOUSEHOLDS Income: <$25,000 532 17.22% 3,585 14.26% 7,922 13.84% Income: $25,000 - $50,000 445 14.41% 4,262 16.95% 9,549 16.68% Income: $50,000 - $75,000 619 20.04% 4,028 16.02% 8,977 15.68% Income: $75,000 - $100,000 393 12.72% 3,655 14.54% 8,513 14.87% Income: $100,000 - $125,000 411 13.31% 3,243 12.90% 6,836 11.94% Income: $125,000 - $150,000 230 7.45% 2,174 8.65% 5,120 8.94% Income: $150,000 - $200,000 304 9.84% 2,238 8.90% 5,141 8.98% Income: $200,000+ 155 5.02% 1,958 7.79% 5,193 9.07% 2018 Avg Household Income $89,508 $97,418 $100,633 2018 Med Household Income $72,798 $79,764 $81,394 3/7/2019 Copyrighted report licensed to Grant Street Associates, Inc. - 208761. Page 1 About McCandless Corporate Center McCandless CORPORATE CENTER RSF Office Space: 324,288 (100% Occupied) Four Class A Office Buildings Major Tenants: Smith Micro Software Seneca Resources PPG Industries Pressley Ridge Select International Lally, Lally & Company Nestled among the wooded hills north of the City of Pittsburgh, McCandless Corporate Center is a welcome respite from the weary parkway commute. Located along Route 19, McCandless Corporate Center is ideally situated between down- town and Cranberry Township in a beautiful 36-acre park-like setting. Professional on-site management, class-A build-to- suit office suites, and easy access to major interstate arteries are among its many amenities. Tenants enjoy abundant free parking and strolls through The Promenade – an outdoor park with a walking trail, an out- door seating area, a picnic area, bocce court and a practice putting green - along with the convenience of two on-site restaurants - TGIFriday’s and Empire Palace. With easy access to UPMC Passavant Hospital, Ross Park Mall and several major retailers, McCandless Corporate Center is Close to everything . Away from it all. About McCandless Crossing SOUTH SMALL SHOPS C U M B E R LA PROPOSED PROPOSED RESTAURANT ND RO ADA PROPOSED TOWN HOMES D HEARTLAND HOMES STUDIO NAIL MEDICAL/OFFICE McCandless Crossing, located in the Town 88,000 SF of McCandless, is located at the signalized 19 intersection of McKnight Road and Duncan DEVELOPMENTFUTURE PROPOSED Avenue. R T H IG The property is an assemblage of 130 acres NIGHTN ROAD K C on both the east and west sides of McKnight MC M Road. McKnight Road is the primary retail D corridor serving the northern communities 13,000+ U MEMBERS N C A of Pittsburgh. McCandless Crossing is locat- N A AV ed approximately 2 miles north of Ross Park VE EN U E Mall, the hub of the North Hills trade area. CORPORATEMCCANDLESS PARK 1,460 EMPLOYEES DENTISTRY FOR KIDS D BABCOBCOCK BOBOULULEVAR ASIANEMPIRE RESTAURANT PALACE MCCANDLESS TOWNSHIP, PA MCCANDLESS CROSSING About LaRoche College La Roche College is a private institution that was founded in 1963. It has a total undergraduate enrollment of 1,312, its set- ting is suburban, and the campus size is 43 acres. It utilizes a semester-based academic calendar. La Roche College's ranking in the 2013 edition of Best Colleges is Regional Colleges (North), 29. Its tuition and fees are $24,058 (2012-13). About UPMC Passavant Hospital Building on a solid foundation as a well- respected and deeply rooted community hospital, UPMC Passavant has been trans- formed in recent years into an advanced care center, providing highly specialized medical and surgical treatment by expertly trained and renowned physicians. As UPMC’s tertiary care center north of Pittsburgh, this state-of-the-art hospital offers UPMC’s brand of world-class medical care at two convenient campuses in McCandless and Cranberry to serve the communities and counties north of the city. About McKnight Road Retailers Located within three (3) miles of Parcel C, McKnight Road is home to over 300 major national retailers. Housing over 170 re- tailers alone, Ross Park Mall offers many high-end boutiques that are the exclusive location making it a Destination Location for residents and tourists in the tri-state area. Abercrombie & Fitch Burlington Gap LL Bean Pandora Aeropostale Cache Gap Kids Lacoste Payless Aldo California Nails GNC Lids Petco American Eagle Outfitters California Pizza Kitchen Godiva Chocolate Limited PINK Ann Taylor Chili’s Gymboree Littman Jewelers Pottery Barn Apple Verizon Wireless H&M LOFT Sears AT&T Champs Hollister Louis Vuitton Sephora Auntie Anne’s Pretzels Charlotte Russe Hot Topic Lowe’s Sprint Aveda The Cheesecake Factory J. Jill Lucky Starbucks Bachrach Chico’s J. Crew Lululemon Swarovski Crystal Banana Republic Clarks Janie and Jack Macy’s Target Bare minerals Coach Jared Madewell Talbots Bath & Body Works Coldwater Creek Jcpenney Marshalls Teavana BCBG Crate & Barrel Jo Ann Fabrics Men’s Warehouse The Body Shop Bebe Dakota Watch Company Johnston & Murphy Michael Kors Ticketmaster Best Buy Dicks Jos. A. Bank New York & Company Tiffany & Co. Body Central Episode Journeys Nine West True Religion Bruegger’s Express Juicy Couture Nordstrom Vera Bradley Brighton Finish Line Justice Old Navy Victoria’s Secret Buckle Five Guys Kate Spade Olive Garden White House Black Build-A-Bear Foot Locker Kay Jewelers Omega Market Burberry Forever 21 Kohl’s PacSun William Sonoma City of Pittsburgh Attractions As the second-largest city in the state of Pennsylvania Legendary for its steel, Pittsburgh is a leader in tech innovations with Google among 1,600 tech firms generating $10.8 billion in annual Pittsburgh payrolls with the city serving as national headquarters for federal cyber defense, software engineering and robotics since the 1980s. Carnegie Mellon University and the University of Pittsburgh produce multiple startups annually ranking Pittsburgh as “America’s smartest city” with 68 area colleges and universities, 38 of them non-profit. The nation's fifth-largest bank, nine Fortune 500s, and six of the top 300 US law firms make their global headquarters in the Pittsburgh area, while RAND, BNY Mellon, Nova Chemicals, Bayer, FedEx, and GSK have large regional bases that helped Pittsburgh become the sixth best metro for U.S. job growth. Area retail and housing have also grown with the multi-million dollar SouthSide Works, Bakery Square, and Washington's Landing repur- posing former industrial sites. Pittsburgh is a leader in environmental design with 60 total and 10 of the world’s first “green” buildings, including downtown’s convention center, even as billions have recently been invested in the area’s energy renaissance with Marcellus shale.