19 Susquehanna Ave - Food Processing FOR SALE


Lewistown, PA 17044
$2,700,000 USD
19 Susquehanna Ave, Lewistown, PA for Sale
$2,700,000 USD
Food Processing - FOR SALE
1/11
null | 6.2% Cap Rate

19 Susquehanna Ave
Lewistown, PA 17044


OVERVIEW

Introducing an exceptionally "sweet" investment opportunity! This impressive property boasts a 113,000 SF buildings with a quality, well-established tenant. Facility was extensively renovated in 2016 and seamlessly combines functionality and modern amenities. Tenant is a regional supplier of candies to well known multi-state retailers. This tenant has been operating at this location since 1991 with strong history and great credit rating. Manufacturing building is 111,500 SF / separate Admin Offices building is 2,500 SF NNN Lease provides an NOI of $167,500. Rents bump 4% per year! NDA and CA required before any site visits or financial records released. "Clean Room" apparel required and provided at site for all showings!

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$24 USD /SF

CAP RATE

6.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Food Processing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1934

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.56

LAND SF

111,300

ZONING

MI

APN/PARCEL ID

07-10-0200A-000

ASK ABOUT THIS PROPERTY

Jan CastnerRSR, RealtorsMore Info

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Jan CastnerRSR, RealtorsMore Info

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