This property consists of a 47,445 square foot warehouse situated on a 4.18 acre site in Quakertown, Bucks County, PA, with a zoning designation of "Planned Industrial, G-17 Flex." It was originally designed for a single occupant, though a condo plan was later filed allowing the building to be used by as many as 5 separate tenants. This is a great immediate opportunity for an investor, and a potential future opportunity for a user.
Presently 4 separate tenants occupy the 5 spaces. The anticipated net operating income for 2026 and 2027 averages approximately $360,000 per year, with 2028 net income projected to rise to $426,000. There is approximately 10% of office space, and large 2nd floor mezzanines in two units. Three of the five sections have been extensively upgraded. The approximate unit sizes and lease expiration dates are as follows:
Section 1: 12,045 square feet (leased until 12/31/26)
Section 2: 6,000 square feet (leased until 5/31/26)
Section 3: 8,700 square feet (leased until 10/31/28)
Section 4: 8.700 square feet (leased until 10/31/28)
Section 5: 12,000 square feet (leased until 10/31/28)
Please contact Jeff Hoffman at jh124@icloud.com with any questions.