1550 Rodney Rd Shiloh, PA 17408

This exceptional investment opportunity presents a 10,000-square-foot medical office building in Shiloh, Pennsylvania, currently leased to UPMC Primary Care & Lab Services under a new 10-year triple-net (NNN) lease commencing December 31, 2024, and expiring December 30, 2034. The property boasts a strong 6.70% cap rate and a substantial $3,000,000 asking price, translating to $300 per square foot. The building, constructed in 1992 and extensively renovated in 2024, sits on a 1.84-acre lot at 1550 Rodney Road, York, PA 17408. The lease includes a favorable 2.5% annual rent increase, providing a hedge against inflation. UPMC, the largest hospital system in Pennsylvania, occupies the entire building (100% occupancy), offering exceptional tenant creditworthiness and stability. Significant capital improvements have been made, including over $777,000 in tenant improvements and landlord investments in the parking lot and a new TPO roof with a 20-year transferable warranty. The property benefits from its strategic location adjacent to the 104-bed UPMC Memorial Hospital, a 2019 construction with all private patient rooms. This presents a compelling investment opportunity with a long-term, secure lease and strong potential for future appreciation.