Marcus & Millichap is proud to present 1400 Hagy Way, Harrisburg, PA 17109
The Subject Property is a 59 050 SF Industrial Warehouse on a 4 13 acre site The building features temperature control warehouse with ten 10 loading docks, four 4 drive in bays and has a clearing height of 22 feet The building is occupied by two tenants and has an additional lease for trailer storage in the parking lot The building tenants are Capital Presort, a mail presorting bureau occupying 49 050 SF, and Hershey Creamery Company, an ice cream manufacturer occupying 10 000 SF A portion of the parking lot is leased to a truck driver that stored tractor trailers on site.
The current leases are all NNN with tenants being billed directly for utilities and then reimbursing the owner for their share of all other expenses The property recently had the leases re negotiated and extended for Capital Presort and Hershey Creamery.
The primary tenant Capital Presort which is a mail presort bureau that services much of the Northeastern US This location is ideal for this use because of the close proximity to the large US Postal Office and access to Interstate's that provide direct access to their primary service area which is Baltimore, Washington DC, and Philadelphia See Tenant Overview for more information.
The Hershey Creamery Company has their corporate operations nearby and uses this location as a distribution hub for their ice cream products The location of this site is ideal due to proximity to the manufacturing location, access to the major Interstates, and the temperature control of the building See Tenant Overview for more information about the Hershey Creamery Company.
The parking lot storage lease that is in place has a short term remaining but is easily replaceable due to the concentration of manufacturing in the area and the amount of tractor trailer traffic that travels through the area Transportation is a major employer in the market.