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.