310 Rodi Rd - Medical FOR SALE


Pittsburgh, PA 15235- Penn Hills
$13,016,138 USD
717-514-6390
310 Rodi Rd, Pittsburgh, PA for Sale
$13,016,138 USD
Medical - FOR SALE
1/12
null | 7.25% Cap Rate

310 Rodi Rd
Pittsburgh, PA 15235
Penn Hills


HIGHLIGHTS

  • Institutional Credit Tenancy – 100% leased to AHN's Premier Medical Associates, with the lease backed by a corporate guarantee from Highmark Health
  • Mission-Critical, Built-to-Suit Facility – Repurposed and renovated in 2015 specifically for AHN's outpatient operations
  • Long-Term, Stable Cash Flow – Approximately 8.7 years of remaining lease term

OVERVIEW

Zeustra Healthcare Real Estate Advisors is pleased to present the exclusive opportunity to acquire 310 Rodi Road, a 44,408-square-foot institutional-quality medical office building strategically located within the Pittsburgh Metropolitan Statistical Area. The property offers investors durable, long-term healthcare cash flow backed by a mission-critical outpatient facility leased to one of Western Pennsylvania's leading healthcare providers. The property is 100% leased to Allegheny Health Network's (AHN) Premier Medical Associates under a long-term lease with approximately 8.7 years of remaining term, providing stable and predictable income. The lease is further strengthened by a corporate guarantee from Highmark Health, AHN's parent company, which reported approximately $32.4 billion in revenue during 2025, providing investors with exceptional credit quality and long-term financial security. Originally repurposed and built-to-suit in 2015 specifically for AHN's Premier Medical Associates, 310 Rodi Road serves as a mission-critical outpatient location within AHN's regional healthcare network. The property benefits from significant tenant investment, specialized medical improvements, and a purpose-built layout that reinforces the tenant's long-term commitment to the location while reducing future relocation risk. The lease features a landlord-favorable expense stop structure that substantially limits ownership's exposure to future operating expense increases by passing expense growth through to the tenant. Combined with institutional-quality tenancy, long-term contractual income, and its strategic location within one of Western Pennsylvania's most established healthcare markets, the asset provides investors with stable, inflation-protected cash flow and minimal management responsibilities. 310 Rodi Road represents a rare opportunity to acquire a premier single-tenant medical office investment backed by one of Pennsylvania's largest integrated healthcare systems, offering exceptional credit strength, durable long-term income, and mission-critical real estate fundamentals within the highly established Pittsburgh MSA.

FOR SALE DETAILS

PRICE

$13,016,138 USD

PRICE/SF

$293 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

250

LAND DETAILS

LAND ACRES

12.58 AC

LAND SF

547,985 SF

ZONING

B-2

APN/PARCEL ID

0450-B-00231-0000-00

ASK ABOUT THIS PROPERTY

Nick MyersZeustra Real Estate Investment ServicesMore Info
717-514-6390

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Nick MyersZeustra Real Estate Investment ServicesMore Info
717-514-6390

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.