Property profile

212 Rodi Rd Pittsburgh, PA 15235

OFF-MARKET
Drive through restaurants
Property ID
US73-1891339
0.69 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, Class A Taco Bell restaurant located at 212 Rodi Rd, Pittsburgh, PA 15235. Built in 2019, this 3,000 square foot property sits on a 0.69-acre lot within the Penn Hills Shopping Center, benefiting from high traffic counts exceeding 17,000 vehicles daily. The property boasts a strong financial profile, including a 5.50% cap rate and a Net Operating Income (NOI) of $57,750. The lease is a triple-net (NNN) agreement with a franchisee tenant, ensuring minimal landlord responsibilities. The lease term extends to 2039, providing long-term stability and rent bumps every five years. The property's location within Allegheny County offers access to a desirable demographic, with an average household income within three miles exceeding $91,236. This is a turnkey investment opportunity with a 100% occupancy rate and a compelling price per square foot of $350, totaling an asking price of $1,050,000. The property's single-story building and strong tenant history make it an attractive addition to any portfolio. This is a rare chance to acquire a well-established, high-performing fast-food property in a prime location.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Lot 0.69 ac (30,000 SF)
APN 449-P-38
UPID US73-1891339

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
  • Restaurant
  • Physician

Location

212 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
$20.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$20.50M

Owner & transaction history

since 2024
Last sale
$20.5M
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
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