• Broker Glen Kunofsky 3323454222
  • Broker Judson Kauffman 3323454202
  • Broker Hannan Ben Yosef 3323454384
  • Broker Matthew Sorace 6315999722

Frito-Lay Distribution Center Wilson Industrial Dr 5,500 SF Industrial Building Towanda, PA 18848 £2,637,247 (£479.50/SF) 6.50% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Brand New Long-Term, 10-Year Double Net (NN) Lease
  • Approximately 10 Years Remaining
  • Two (2), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 20+ Years
  • Construction Completed in August 2024
  • Two Percent (2.00%) Rental Increases Occurring Annually

EXECUTIVE SUMMARY

NNN Pro is pleased to present the exclusive listing for a Frito-Lay located at Wilson Industrial Drive, Towanda, PA 18848. The site consists of roughly 5,500 rentable square feet of building space on an estimated 3.00-acre parcel of land. This Frito-Lay is subject to a 10-year Double Net (NN) lease, which commenced 7/15/2024. The current annual rent is $227,530 and has scheduled increases of 2.00% annually.

PROPERTY FACTS

Price £2,637,247
Price Per SF £479.50
Sale Type Investment
Net Initial Yield 6.50%
Property Type Industrial
Property Subtype Distribution
Building Class C
Lot Size 3.00 AC
Rentable Building Area 5,500 SF
Number of Floors 1
Year Built 2024
Tenancy Single
Parking Ratio 3.09/1,000 SF
No. Dock-High Doors/Loading 3
Zoning LI - Light Industrial

PROPERTY TAXES

Parcel Number 62-087.05-001-001-000 Improvements Assessment £0
Land Assessment £0 Total Assessment £167,669

MAP

ADDITIONAL PHOTOS

View Photo Wilson Industrial Dr - Towanda, PA - Aerial

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