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Property profile & analytics
OFF-MARKET Estimated value $18,000,000
Banks

204 Rodi Rd Pittsburgh, PA 15235-3337

0.59 ac lot
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-0525895
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
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
T B F Group Penn Hills L L C · 2 yrs held
T B F Group Penn Hills L L C
since 2024
Last sale
$18.0M
2 recorded transactions
2024
$20.5M
1999
$14.7M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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