204 Rodi Rd Pittsburgh, PA 15235-3337
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.