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Investment Highlights

  • 100% Occupied medical office building
  • On site parking with 43 spaces

Executive Summary

SVN Three Rivers Commercial Advisors is pleased to present this office building for sale located at 1645 Rostraver Rd in Belle Vernon.
Fully Leased
Leases in place with Allegheny Health Network (expiring in 2025) and ChiroCorrection LLC (expiring in
2028)
On-site parking with 43 spaces
3 Miles from Rt-51 & I-70 Interchange

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
8,500 SF
Building Class
C
Year Built
1950
Price
$1,833,300 CAD
Price Per SF
$215.68 CAD
Cap Rate
8.27%
NOI
$151,572 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,500 SF
Building FAR
0.18
Lot Size
1.10 AC
Parking
43 Spaces (5.44 Spaces per 1,000 SF Leased)

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • -

Allegheny Health Network began in 2013 when Highmark acquired West Penn Allegheny Health System. The company operates hospitals and clinics in Western Pennsylvania and neighboring states. Services include emergency care, cancer treatment, and specialty medicine. Allegheny Health Network partners with several universities for medical education programs, runs research institutes, and operates community wellness centers.

Tenant Industry SF Occupied Rent/SF Lease End
Health Care and Social Assistance 99,999 SF - -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
56-09-10-0-104
Land Assessment
$35,663 CAD
Improvements Assessment
$167,542 CAD
Total Assessment
$203,206 CAD
  • Listing ID: 27469237

  • Date on Market: 2023-01-09

  • Last Updated:

  • Address: 1645 Rostraver Rd, Belle Vernon, PA 15012

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