Capitol Building Supply: Harrisburg, PA | 1400 Hagy Way
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Capitol Building Supply: Harrisburg, PA 1400 Hagy Way
59,050 SF Industrial Building Harrisburg, PA 17110 £6,943,872 (£118/SF) 6% Net Initial Yield
Investment Highlights
- Long-Term NNN Lease with Attractive Annual Increases
- Corridor With 4.7 MSF Retail, 18.4 MSF Office, 7.9 MSF Industrial And 12,513 Multifamily Units Within A 3-Mile Radius.
- Surrounded By A Concentration Of State & Federal Government Offices
- CBSI is Situated in the Harrisburg Area East Industrial Submarket with Over 40 MSF of Inventory.
Executive Summary
CBRE is pleased to offer for sale the 59,050 square-foot Capitol Building Supply located on 4.13 acres in Harrisburg, PA. CBSI’s NNN lease features ±8.6 years of term remaining with 3% annual rent increases throughout the term and two 5-year renewal options.
Property Facts
| Price | £6,943,872 | Rentable Building Area | 59,050 SF |
| Price Per SF | £118 | Number of Floors | 1 |
| Sale Type | Investment NNN | Year Built/Renovated | 1997/2023 |
| Net Initial Yield | 6% | Tenancy | Single |
| Property Type | Industrial | Clear Ceiling Height | 22 ft |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 10 |
| Building Class | B | Level Access Doors | 4 |
| Lot Size | 4.13 AC |
| Price | £6,943,872 |
| Price Per SF | £118 |
| Sale Type | Investment NNN |
| Net Initial Yield | 6% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 4.13 AC |
| Rentable Building Area | 59,050 SF |
| Number of Floors | 1 |
| Year Built/Renovated | 1997/2023 |
| Tenancy | Single |
| Clear Ceiling Height | 22 ft |
| No. Dock-High Doors/Loading | 10 |
| Level Access Doors | 4 |
Amenities
- Fenced Lot
Utilities
- Lighting - Sodium
- Gas
- Water
- Sewer
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PROPERTY TAXES
| Parcel Number | 62-022-105 | Improvements Assessment | £797,910 |
| Land Assessment | £354,556 | Total Assessment | £1,152,467 |
PROPERTY TAXES
Parcel Number
62-022-105
Land Assessment
£354,556
Improvements Assessment
£797,910
Total Assessment
£1,152,467
zoning
| Zoning Code | I2 (Warehouse, Storage) |
| I2 (Warehouse, Storage) |
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Brian Pfohl -
Thomas Carr -
Christopher Bosworth -
Matthew Gorman -
Leah Lindell -
Abby Kelly -
Kaitlyn Wolf -
CBRE
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Capitol Building Supply: Harrisburg, PA | 1400 Hagy Way
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