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1645 Rostraver Rd

8,500 SF 100% Leased Office Building Belle Vernon, PA 15012 £1,183,500 (£139/SF) 7.44% Net Initial Yield

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
£1,183,500
Price Per SF
£139
Net Initial Yield
7.44%
NOI
£88,063
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
8,500 SF
Building FAR
0.18
Land Acres
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
  • -
  • -

They perform comprehensive and focused physical examinations; diagnose and treat common acute illnesses and injuries; provide immunizations; manage high blood pressure, diabetes, depression and other chronic health problems; order and interpret diagnostic tests such as X-rays and EKGs, as well as laboratory tests; prescribe medications and therapies; perform procedures; and educate and counsel patients and their families regarding healthy lifestyles and health care options.

Tenant Industry SF OCCUPIED RENT/SF Lease End
Health Care and Social Assistance 99,999 SF - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
56-09-10-0-104
Land Assessment
£20,317
Improvements Assessment
£95,445
Total Assessment
£115,762
  • Listing ID: 27469237

  • Date on Market: 09/01/2023

  • Last Updated:

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

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