1074 Barring Ave - Manufacturing FOR SALE


Scranton, PA 18508- The Plot
$2,760,000 USD
248-702-0288
1074 Barring Ave, Scranton, PA for Sale
$2,760,000 USD
Manufacturing - FOR SALE
1/5
null | 9% Cap Rate

1074 Barring Ave
Scranton, PA 18508
The Plot


HIGHLIGHTS

  • 20-Year Triple-Net Lease | 15+ Years Remaining
  • Long Term Passive Investment w/ Zero Landlord Obligations
  • 2% Annual Rent Bumps | Four, Five-Year Renewal Options
  • Blended 10.38% CAP Rate Over Base Term
  • 100% Leased to North American Manufacturing (NAM)
  • NAM Specializes in Providing High-Quality, Innovative, and Rugged Equipment for the U.S. Military and Other Government Agencies

OVERVIEW

20-Year Triple-Net Lease | 15+ Years Remaining

FOR SALE DETAILS

PRICE

$2,760,000 USD

PRICE/SF

$37 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

North American Manufacturing

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

3.02

LAND SF

131,551

ZONING

I

APN/PARCEL ID

14508040064,1450805001901,14508050065,14508050068,14508050069,14512010026

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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