Technical
Financial
Distress signals
Property profile

204 Rodi Rd Pittsburgh, PA 15235

OFF-MARKET
Banks
Property ID
US73-0525895
0.59 ac lot
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents a 0.59-acre Class A retail property located at 204 Rodi Rd, Pittsburgh, PA 15235. Built in 2014, this single-tenant ground lease features a PNC ATM, backed by a corporate guarantee, ensuring consistent income. The lease includes built-in rent increases every five years, and the tenant is responsible for all expenses, including CAM, taxes, and insurance (triple net lease). The property benefits from its strategic outlot position within the Penn Hills Shopping Center, enjoying high visibility and strong traffic counts exceeding 17,000 vehicles daily. The location boasts prominent shadow anchors such as Giant Eagle and Aldi grocery stores, as well as a US Post Office, further enhancing its appeal and drawing significant consumer traffic. The surrounding area demonstrates high earning potential, with an average household income of $91,236 within a three-mile radius. This is a rare opportunity to acquire a secure, high-performing retail investment with a strong tenant and excellent location. The asking price is $950,000.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Lot 0.59 ac (25,529 SF)
APN 449-R-390
UPID US73-0525895

Cap rate & NOI

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

Location

204 Rodi Rd Pittsburgh, PA 15235-3337
Pittsburgh metro Census 523400 PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
Google Maps

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
2 recorded transactions
2024
$20.5M
1999
$14.7M

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 204 Rodi Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message