1 Danforth Dr - Manufacturing FOR SALE
Easton, PA 18045 |
$6,060,000 USD
1 Danforth Dr
Easton, PA 18045
OVERVIEW
The property is leased to PolyGel - https://polygel.com/
Original lease term: June 1, 2022 – May 31, 2032 at $8.75/SF NNN with 2% annual increases
Beginning June 1, 2026: $9.47/SF NNN with 2% annual increases for the remaining lease term
Renewal options: Two (2) additional 5-year options with 3% annual increases
FOR SALE DETAILS
PRICE
$6,060,000 USD
PRICE/SF
$178 USD /SF
CAP RATE
5.02%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Manufacturing
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1996
UTILITIES
Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas
CLEAR CEILING HT
24 Ft
DOCKS
3
DRIVE INS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
5.04
LAND SF
219,542
ZONING
PIOP
APN/PARCEL ID
K8-5-2A-2A-0324
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