Current Use by Public Records
- Office Spaces
Property Details for 1645 Rostraver Rd
- Lot size
- 1.10 lot acres
- Property type
- Office Spaces
- Property subtype
- Medical Office Space
Description
This exceptional 8,500 square foot Class C medical office building, located at 1645 Rostraver Rd in Belle Vernon, Pennsylvania, is offered for sale at $1,500,000. Boasting a strong 7.44% cap rate and a net operating income (NOI) of $111,614, this property presents a compelling investment opportunity. The building currently houses two established tenants: Allegheny Health Network, with a lease expiring in 2025, and ChiroCorrection LLC, with a lease expiring in 2028. Situated on a 1.1-acre lot, the property offers ample on-site parking with 43 spaces, ensuring convenience for both tenants and patients. Its strategic location provides easy access to major transportation routes, being only 3 miles from the Route 51 and I-70 interchange, enhancing its visibility and accessibility. This well-maintained building presents a stable income stream with potential for future growth, making it an ideal addition to any investment portfolio. The property's zip code is 15012, and it is located in Westmoreland County.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Belle Vernon
- County
- Westmoreland
- State
- Pennsylvania
- Longitude
- -79.8066
- Latitude
- 40.1758
