Property History
Zeustra Healthcare Real Estate Advisors is pleased to present the exclusive opportunity to acquire the Pittsburgh Medical Office Portfolio, a two-asset healthcare real estate investment opportunity strategically located within the Pittsburgh MSA. The portfolio consists of 310 Rodi Road in Pittsburgh, PA and 4044 PA-130 in Irwin, PA, totaling 63,587 square feet. Offered at $16,962,690, the portfolio presents investors with an attractive 7.25% capitalization rate backed by durable healthcare tenancy and long-term contractual cash flow.
The portfolio is anchored by Allegheny Health Network’s (AHN) Premier Medical Associates, which occupies approximately 91% of the total portfolio square footage. The portfolio benefits from a weighted average lease term of approximately 8.87 years, providing stable and predictable long term income. A significant portion of the tenancy is further strengthened by corporate guarantees from Highmark Health, AHN’s parent company, which reported approximately $32.4 billion in revenue in 2025.
310 Rodi Road is a 44,408-square-foot, single-tenant medical office building that was repurposed and built-to-suit in 2015 specifically for AHN’s Premier Medical Associates. The property is fully occupied by AHN under a long-term lease with approximately 8.7 years remaining, secured by a corporate guarantee from Highmark Health. The asset represents a mission-critical outpatient location within AHN’s regional healthcare network and benefits from significant tenant investment and specialized high-end medical buildout.
The second asset, 4044 PA-130, is a 19,179-square-foot multi-tenant medical office building currently 90% leased. Approximately 69% of the building is occupied by AHN with nearly 11 years remaining on the lease term, of which approximately 75% is backed by a corporate guarantee from Highmark Health. Additionally, Gentiva Hospice is projected to commence occupancy on July 1st under a new five-year lease, further enhancing occupancy and income stability. The property also includes approximately 1,943 square feet of remaining vacancy, providing investors with future leasing upside and additional value creation potential.
Both properties feature landlord-favorable expense stop lease structures, significantly limiting ownership exposure to future operating expense increases by passing expense growth through to tenants. Combined with the institutional quality tenancy, strong healthcare market fundamentals, and strategic positioning within the Pittsburgh MSA, the portfolio offers investors a compelling opportunity to acquire stable, inflation-protected healthcare real estate income with minimal management intensity.
This offering represents a rare opportunity to acquire a high-credit, healthcare-focused portfolio with long-term tenancy, contractual rental growth, and future upside potential within one of the most established healthcare markets in the Northeastern United States.
- ±63,587 square foot, 2-asset medical office portfolio producing stable healthcare-driven cash flow
- Approximately 91% of the portfolio leased to Allegheny Health Network’s Premier Medical Associates
- Significant portion of tenancy secured by corporate guarantees from Highmark Health, a $32.4B healthcare system
- Weighted average lease term of approximately ±8.87 years providing durable long-term income stability
- Expense stop lease structures limit landlord exposure to future operating expense increases
- Gentiva Hospice scheduled to commence a new 5-year lease on July 1st, further enhancing occupancy and income stability
- Approximately 1,943 square feet of remaining vacancy provides future leasing and value creation upside
- Strategically located within the Pittsburgh MSA, one of the region’s most established healthcare markets
- Positioned along key commercial and medical corridors including Rodi Road and PA-130 with strong regional accessibility
- Proximity to major healthcare systems and outpatient demand drivers throughout the Pittsburgh metropolitan area
- Buildings serve as mission-critical outpatient locations for Allegheny Health Network’s Premier Medical Associates
- Strong surrounding demographics and continued demand for community-based outpatient healthcare services
- Excellent accessibility via major regional roadways supporting patient convenience and long-term tenant performance
Marcus & Millichap is pleased to exclusively present Premier Medical Associates Portfolio, located at 310 Rodi Rd, Penn Hills Township, NJ & 4044 PA-130, Irwin, PA.
TENANT(S)
Premier Medical Associates (PMA) Portfolio consisting of two (2) class A medical outpatient facilities in the Pittsburgh, PA MSA
PMA occupies 86% of the square footage in the portfolio and is owned by Highmark Health (S&P Credit Rating A+), with 91% being investment grade tenancy
PMA is part of Allegheny Health Network (AHN), the largest multi-specialty physician practice in the Greater Pittsburgh area
Specialties at 310 Rodi include family care, pediatrics, allergy, physical therapy, and endocrinology. 4044 PA-140 specialties include pediatrics and family care
LEASE(S)
PMA has long term leases in both facilities with 9 years remaining at the 310 Road facility and 11+ years remaining at the 4044 PA-130 facility
The leases have an expense stop at $10/SF and $11/SF, respectively with the tenant responsible for any increase in operating expenses above these figures
Structured rent increases in all leases
BUILDING
Two buildings combined total 63,587 SF
310 Rodi Road - 44,408 SF
4044 PA-130 – 19,179 SF
The buildings were built to suit for PMA in 2015 (310 Rodi) and 2017 (4044 PA-130) with the highest end finishes in the market
LOCATION/ MARKET
310 Rodi Road and 4044 PA-130 are approximately 12 miles and 22 miles from downtown Pittsburgh, respectively and approximately 12 miles from each other
Excellent demographics for both locations with 310 Rodi Road having an extremely high population density with 185K people within 5 miles and 4044 PA-130 having strong population (80K in 5 miles) and significantly above average household income with over $127K within 1 mile
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
Contacts
Map
Comparable Properties
Does any data look off? Help us improve Crexi by offering your feedback!

















