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222 Packer St 122,000 sq ft 100% Let Industrial Property Sunbury, PA 17801 £8,228,330 (£67.45/sq ft)
INVESTMENT HIGHLIGHTS
- Located just 0.2 miles from US Route 405, and 1.6 miles from US Route 11
- 24' clear height
- 42 docks
- Three drive in's
EXECUTIVE SUMMARY
Avison Young’s Investment Sales team is pleased to offer 222 Packer Street (the “Property”) in Sunbury, Pennsylvania for sale to qualified investors. 222 Packer Street is a two-building industrial property totaling 122,000 sf located just 0.2 miles from US Route 405, and 1.6 miles from US Route 11. The property is equipped with 42 docks doors and three 16’ drive-in doors. Situated on 12.77 acres, Building 1 measures 107,000 sf, with ceiling clear heights ranging from 16’ to 24’. Building 2 consists of 15,000 sf, with 24’ clear ceiling heights, four dock doors and three drive in doors.
100% occupied by three tenants, 222 Packer Street has experienced intensive lease up over the past nine months, with all three tenants executing new lease agreements during this time, supporting the leasing demand in the area. Additionally, the property offers over five acres of industrial outdoor storage. Currently, 2.5 acres of IOS space is leased to United Rentals, with another 2.7 acre lot leased to Bimbo Bakeries.
100% occupied by three tenants, 222 Packer Street has experienced intensive lease up over the past nine months, with all three tenants executing new lease agreements during this time, supporting the leasing demand in the area. Additionally, the property offers over five acres of industrial outdoor storage. Currently, 2.5 acres of IOS space is leased to United Rentals, with another 2.7 acre lot leased to Bimbo Bakeries.
PROPERTY FACTS
| Price | £8,228,330 | No. Floors | 1 |
| Price per sq ft | £67.45 | Year Built/Renovated | 1959/1991 |
| Sale Type | Investment | Parking Allocation | 2.87/1,000 sq ft |
| Property Type | Industrial | Eaves Height | 24 ft |
| Property Subtype | Distribution Warehouses | No. Dock-High Doors/Loading | 42 |
| Costar Property Class | B | No. Drive In / Grade-Level Doors | 3 |
| Total Plot Size | 12.77 ac | Opportunity Zone |
Yes
|
| Net Internal Area (NIA) | 122,000 sq ft | ||
| Use Class | IP - Industrial Park | ||
| Price | £8,228,330 |
| Price per sq ft | £67.45 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Distribution Warehouses |
| Costar Property Class | B |
| Total Plot Size | 12.77 ac |
| Net Internal Area (NIA) | 122,000 sq ft |
| No. Floors | 1 |
| Year Built/Renovated | 1959/1991 |
| Parking Allocation | 2.87/1,000 sq ft |
| Eaves Height | 24 ft |
| No. Dock-High Doors/Loading | 42 |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Use Class | IP - Industrial Park |
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE END
- UDC Logistics
- Service type
- -
- -
- -
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE END | ||
| UDC Logistics | Service type | - | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 050-04-005-004-A | Improvements Assessment | £61,630 |
| Land Assessment | £69,365 | Total Assessment | £130,995 |
PROPERTY TAXES
Parcel Number
050-04-005-004-A
Land Assessment
£69,365
Improvements Assessment
£61,630
Total Assessment
£130,995
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222 Packer St
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