1550 Rodney Rd | York, PA 17408
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- LoopNet Team
1550 Rodney Rd
York, PA 17408
UPMC Primary Care · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 10-Year Lease Extension to Commence January 2025 | New Extension Allows UPMC to Expand Footprint in Building to 100%
- Synergistic Multi-Specialty Medical Facility | UPMC Provides Primary Care & Lab Services at Location
- Annual Rental Increases Provides Hedge Against Inflation | 2.5% Annual Rental Increases Scheduled Throughout Current Term
- Landlord Friendly Lease Structure | Triple Net Lease Provides Ownership with Passive Investment
- Significant CapEx Invested by Tenant & Landlord | $777,000+ Capital Improvements Made by Tenant | Parking Lot Completely Replaced by Landlord in 2024
- Ideal Location Adjacent from UPMC Memorial Hospital | 104-Bed 2019 Construction Hospital with All Private Patient Rooms
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
10,000 SF
Building Class
B
Year Built
1992
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.84 AC
Zoning
CM
Parking
44 Spaces (4.4 Spaces per 1,000 SF Leased)
Frontage
163’ on Rodney Road
PROPERTY TAXES
| Parcel Number | 51-000-30-0021.00-00000 | Improvements Assessment | $534,440 |
| Land Assessment | $262,930 | Total Assessment | $797,370 |
PROPERTY TAXES
Parcel Number
51-000-30-0021.00-00000
Land Assessment
$262,930
Improvements Assessment
$534,440
Total Assessment
$797,370
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