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580 Industrial Dr

29,400 SF Industrial Building Lewisberry, PA 17339 £2,705,142 (£92/SF) 7% Net Initial Yield

Investment Highlights

  • Five Loading Doors
  • 100% Occupied
  • $240,000 NOI Annually - BELOW MARKET
  • Easy access to I83
  • Ample On-Site Parking
  • NNN lease with seven (7) years remaining on initial term and two (2) five (5) year extensions Sale Price: $3,428,571 Building Size: 29,400 SF Office

Executive Summary

Introducing 580 Industrial Dr, Lewisberry, PA, 17339, a prime investment opportunity for passive investors focused on high quality NNN lease industrial investments. This impressive property features a well-maintained 29,400 SF building, constructed in 2007. Zoned LI and located in the thriving Lewisberry area, this single tenant asset, offers a desirable opportunity for consistent returns. With its strategic location and impressive infrastructure, this property presents an unparalleled opportunity for investors looking to expand their industrial portfolio.

Data Room Click Here to Access

Property Facts

Price £2,705,142
Price Per SF £92
Sale Type Investment NNN
Net Initial Yield 7%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Showroom
Building Class C
Lot Size 8.75 AC
Rentable Building Area 29,400 SF
Number of Floors 1
Year Built 2007
Tenancy Single
Parking Ratio 1.9/1,000 SF
Clear Ceiling Height 20 ft
No. Dock-High Doors/Loading 5

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-000-QF-0147.S0-00000
Land Assessment
£143,600
Improvements Assessment
£956,275
Total Assessment
£1,099,876

zoning

Zoning Code LI
LI
  • Listing ID: 32308602

  • Date on Market: 01/07/2024

  • Last Updated:

  • Address: 580 Industrial Dr, Lewisberry, PA 17339

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