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    Property profile & analytics
    OFF-MARKET Estimated value $20,500,000
    Drive through restaurants

    212 Rodi Rd, Pittsburgh, PA 15235-3337

    0.69 ac lot
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US73-1891339
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Taco Bell Restaurant
    • Marinda Maggio Physician
    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
    T B F Group Penn Hills L L C · 1 yrs held
    T B F Group Penn Hills L L C
    since 2024
    Last sale
    $20.5M
    2 recorded transactions
    2024
    $20.5M
    1999
    $14.7M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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