Wilson Industrial Dr - Distribution FOR SALE


Towanda, PA 18848
$3,431,831 USD
332-345-4222
Wilson Industrial Dr, Towanda, PA for Sale
$3,431,831 USD
Distribution - FOR SALE
1/2
null | 6.5% Cap Rate

Wilson Industrial Dr
Towanda, PA 18848


HIGHLIGHTS

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

OVERVIEW

NNN Pro Group is pleased to present the exclusive listing for a Frito-Lay last mile distribution center located at Willson Industrial Drive in Towanda, PA. The site consists of roughly 5,500 rentable square feet of building space on estimated 3.00-acre parcel of land. Frito-Lay is subject to a 10-year double-net (NN) lease, which commenced August 15th, 2024. The current annual rent is $223,069 and is scheduled to increase by 2.00% annually throughout the base term and in each of the 2, 5-year renewal options.

FOR SALE DETAILS

PRICE

$3,431,831 USD

PRICE/SF

$624 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Frito-Lay Distribution Center

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

3

DRIVE INS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

3

LAND SF

130,680

ZONING

LI

APN/PARCEL ID

62-087.05-001-001-000

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.