Properties

501 Technology Drive

501 Technology Drive Canonsburg, PA 15317

Property Type: Office
Total RSF: 98,314 SF
Floor Plate Size: 33,000 SF
Description: 501 Technology Drive is a Class A office building exceptionally located in Southpointe, a 610-acre mixed-use business park in Canonsburg, Pennsylvania, 20 minutes southwest of the Pittsburgh Central Business District. Built in 2000, the property comprises a three-story building with 98,314 square feet of quality office space and surface parking that provides an overall ratio of 4.92/1,000 rentable square feet.

Southpointe is one of Pennsylvania's premier business parks featuring corporate headquarters, a health club, hotel and conference center, restaurants, residences, and a golf course. With more than 300 companies, including 15 headquarters or divisions of NYSE-traded companies, nearly 15,000 people work in the park. Conveniently located adjacent to Interstate 79, Southpointe's highly accessible location places area businesses 25 minutes south of Pittsburgh International Airport.

501 Technology is fully leased to institutional-quality tenants and has a weighted average lease duration of 5.77 years. The property is anchored through November 2025 by Primetals - a joint venture of Mitsubishi and Siemens. As such, 501 Technology presents the opportunity to acquire a high-quality office asset with a stable income stream boasting a highly desirable location, all at a discount to replacement cost.
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Mailing Address:
Tusk Development
520 East Main Street
Suite 210
Carnegie, PA 15106

Phone: 412.489.5398
Email: info@tuskdevelopment.com