Property profile

202 Rodi Rd Pittsburgh, PA 15235

OFF-MARKET
Retail space
Property ID
US73-2568777
0.46 ac lot
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a single-tenant, 7,708 square foot DaVita Dialysis Center located at 202 Rodi Rd, Pittsburgh, PA 15235. The property, built in 2012, sits on a 0.34-acre lot and is classified as a Class B retail building with a permitted commercial zoning. The property is a net-leased (NNN) investment with a corporate guarantee from DaVita, providing significant security and stability. The lease features over eight years remaining on the current term, demonstrating a long history of occupancy. This strategically located outlot benefits from its position within the Penn Hills Shopping Center, enjoying high traffic counts exceeding 17,000 cars daily. Strong shadow anchors include Giant Eagle, Aldi, and a US Post Office, further enhancing the property's visibility and appeal. The average household income within three miles is $91,236, indicating a robust and affluent surrounding community. The asking price is $1,840,000, translating to a price per square foot of $238.71. This is a rare opportunity to acquire a secure, well-located, and financially sound net-leased investment property with a strong corporate tenant.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 0.46 ac (19,821 SF)
APN 449-P-34
UPID US73-2568777

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician Medical Clinic

Location

202 Rodi Rd Pittsburgh, PA 15235-3337
Pittsburgh metro Census 523400 PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$18.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$18.00M

Owner & transaction history

since 2024
Last sale
$18.0M
1 recorded transaction
2024
$20.5M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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