Building 2

30,300 SF | 100% Leased | Industrial Building | Harrisburg, PA 17111 | For Sale

Date Added:
May 17, 2024
Days on Market:
28 days
Property Type
Industrial

Listing Contacts

W. Jason Grace
W. Jason Grace
Verified Profile
Michael Curran
Michael Curran
Verified Profile
  • Property Info

Property Overview

Sale consists of 2 buildings on 1 parcel that total 81,200 SF along highly desired corridor in Central Pennsylvania submarket

Property Details

Class
B
Year Built
2002
Stories
1
Property Subtype
Distribution, Showroom
Lot Size (sq. ft)
141,570 SF

Highlights

  • Rare opportunity to purchase a fully leased NNN 81,200 SF industrial flex business park in Harrisburg, PA
  • The property consists of two buildings that sit on 8.17 acres in Limited Manufacturing Zoning District
  • Excellent tenant mix with staggered lease expirations offering risk diversification with long term tenancy
  • Value add opportunity to reset below market rents to market rents in near term and increase NOI by 15% over next 18-24 months
  • Excellent location along highly desired I-283 corridor which is driven by close proximity to area’s largest employers as well access to highly product
  • Property is in excellent condition and professionally managed by institutional ownership with no deferred maintenance

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