Investment Overview

Marcus & Millichap is excited to present The Millcraft Center, a 136,683-square-foot office building located in Washington, Pennsylvania. As one of the tallest and most iconic buildings in downtown Washington, The Millcraft Center, built in 1977, stands nine stories high and is currently 68.28 percent leased to a mix of national and local tenants. The building is home to over 30 tenants, offering a diverse range of services across healthcare, finance, real estate, law, and more. Notable tenants include UPMC, the Commonwealth of Pennsylvania Department of Human Services, Orkin, Washington Drug & Alcohol Commission, and Liberty Dialysis. This investment opportunity offers significant potential, with over 30 percent of the space currently vacant and several tenants on month-to-month leases. Located in the heart of downtown Washington, the building enjoys excellent accessibility for both local residents and commuters. The surrounding area features a mix of small-town restaurants, bars, and national retailers like CVS, Pizza Hut, Goodwill, Veterans Affairs, AutoZone, and Walgreens. With a daily traffic count of approximately 10,000 vehicles, The Millcraft Center benefits from strong visibility. The area is home to over 100,000 people within a 10-mile radius, with Washington located just 28 miles southwest of downtown Pittsburgh and 16 miles east of West Virginia. The average household income in this radius exceeds $97,000, and the median home value surpasses $227,000. With several new leases and lease extensions, The Millcraft Center is becoming an increasingly desirable location for businesses and workers alike.