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Investment Highlights
- Institutional Credit Tenancy – 100% leased to AHN's Premier Medical Associates, with the lease backed by a corporate guarantee from Highmark Health
- Long-Term, Stable Cash Flow – Approximately 8.7 years of remaining lease term
- Mission-Critical, Built-to-Suit Facility – Repurposed and renovated in 2015 specifically for AHN's outpatient operations
Executive Summary
Zeustra Healthcare Real Estate Advisors is pleased to present the exclusive opportunity to acquire 310 Rodi Road, a 44,408-square-foot institutional-quality medical office building strategically located within the Pittsburgh Metropolitan Statistical Area. The property offers investors durable, long-term healthcare cash flow backed by a mission-critical outpatient facility leased to one of Western Pennsylvania's leading healthcare providers.
The property is 100% leased to Allegheny Health Network's (AHN) Premier Medical Associates under a long-term lease with approximately 8.7 years of remaining term, providing stable and predictable income. The lease is further strengthened by a corporate guarantee from Highmark Health, AHN's parent company, which reported approximately $32.4 billion in revenue during 2025, providing investors with exceptional credit quality and long-term financial security.
Originally repurposed and built-to-suit in 2015 specifically for AHN's Premier Medical Associates, 310 Rodi Road serves as a mission-critical outpatient location within AHN's regional healthcare network. The property benefits from significant tenant investment, specialized medical improvements, and a purpose-built layout that reinforces the tenant's long-term commitment to the location while reducing future relocation risk.
The lease features a landlord-favorable expense stop structure that substantially limits ownership's exposure to future operating expense increases by passing expense growth through to the tenant. Combined with institutional-quality tenancy, long-term contractual income, and its strategic location within one of Western Pennsylvania's most established healthcare markets, the asset provides investors with stable, inflation-protected cash flow and minimal management responsibilities.
310 Rodi Road represents a rare opportunity to acquire a premier single-tenant medical office investment backed by one of Pennsylvania's largest integrated healthcare systems, offering exceptional credit strength, durable long-term income, and mission-critical real estate fundamentals within the highly established Pittsburgh MSA.
The property is 100% leased to Allegheny Health Network's (AHN) Premier Medical Associates under a long-term lease with approximately 8.7 years of remaining term, providing stable and predictable income. The lease is further strengthened by a corporate guarantee from Highmark Health, AHN's parent company, which reported approximately $32.4 billion in revenue during 2025, providing investors with exceptional credit quality and long-term financial security.
Originally repurposed and built-to-suit in 2015 specifically for AHN's Premier Medical Associates, 310 Rodi Road serves as a mission-critical outpatient location within AHN's regional healthcare network. The property benefits from significant tenant investment, specialized medical improvements, and a purpose-built layout that reinforces the tenant's long-term commitment to the location while reducing future relocation risk.
The lease features a landlord-favorable expense stop structure that substantially limits ownership's exposure to future operating expense increases by passing expense growth through to the tenant. Combined with institutional-quality tenancy, long-term contractual income, and its strategic location within one of Western Pennsylvania's most established healthcare markets, the asset provides investors with stable, inflation-protected cash flow and minimal management responsibilities.
310 Rodi Road represents a rare opportunity to acquire a premier single-tenant medical office investment backed by one of Pennsylvania's largest integrated healthcare systems, offering exceptional credit strength, durable long-term income, and mission-critical real estate fundamentals within the highly established Pittsburgh MSA.
Property Facts Under Contract
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
44,408 SF
Building Class
C
Year Built
2000
Price
$13,016,138
Price Per SF
$293.10
Cap Rate
7.25%
NOI
$943,670
Tenancy
Single
Building Height
1 Story
Typical Floor Size
44,408 SF
Building FAR
0.08
Lot Size
12.58 AC
Zoning
B-2 - Highway Commercial District is primarily intended to accommodate auto-oriented commercial uses, retail, and services that generate significant vehicular traffic and require arterial road access
Parking
250 Spaces (5.63 Spaces per 1,000 SF Leased)
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0450-B-00231-0000-00 | Improvements Assessment | $6,341,300 |
| Land Assessment | $257,500 | Total Assessment | $6,598,800 |
Property Taxes
Parcel Number
0450-B-00231-0000-00
Land Assessment
$257,500
Improvements Assessment
$6,341,300
Total Assessment
$6,598,800
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310 Rodi Rd



