1102 Industrial Park Rd - Manufacturing FOR SALE
Clearfield, PA 16830 |
$7,762,500 USD
713-408-8555
1102 Industrial Park Rd
Clearfield, PA 16830
HIGHLIGHTS
- Forum Energy Technologies (NYSE: FET) is a global oilfield products company, serving various sectors of the oil and gas industry.
- The 15-year absolute NNN lease will commence upon closing and feature 2.5% annual rent escalations with (2) 10-yr options.
- The Property sits on an expansive 20.0-acre site, providing long-term upside and future expansion opportunities for the Landlord.
- FET has occupied the Property since 2011 and it has become a key production facility to support the company’s demand for customized equipment.
- FET is strategically located in Pennsylvania, the 2nd-largest natural gas-producing state and the 2nd-largest net supplier of energy to other states.
- Pennsylvania’s natural gas and oil supports more than 423,000 jobs and contributes more than $75 billion to the state economy.
FOR SALE DETAILS
PRICE
$7,762,500 USD
PRICE/SF
$60 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Forum Energy Technologies, Inc.
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Manufacturing
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1989
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
18
PARKING SPACES
96
LAND DETAILS
LAND ACRES
20
LAND SF
871,200
ZONING
-
APN/PARCEL ID
1230L0700000094
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713-408-8555
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713-408-8555
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