187 S Meadow Ln - Industrial FOR SALE


Hummelstown, PA 17036
$1,895,000 USD
717-421-1943
187 S Meadow Ln, Hummelstown, PA for Sale
$1,895,000 USD
Industrial - FOR SALE
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187 S Meadow Ln
Hummelstown, PA 17036


HIGHLIGHTS

  • Credit Tenant with Corporate Guarantee
  • Long-Term Tenancy & Stability
  • Attractive Lease Economics
  • Mission-Critical Manufacturing Facility
  • Strategic Logistics Location
  • Functional Industrial Features

OVERVIEW

Institutional-quality, single-tenant manufacturing facility leased to Chem-Tainer Industries Inc., a leading U.S. manufacturer of industrial plastic containers and a subsidiary of Tank Holding Corp, a major North American rigid plastic packaging platform backed by private equity firm Olympus Partners. The tenant has occupied this facility continuously since 1988 and recently renewed its lease through December 31, 2029, with 3% annual rent escalations and a corporate guarantee from Tank Holding Corp. The Property is strategically located along U.S. Route 22 near the highly sought-after I-81 corridor, providing exceptional access to major Mid-Atlantic and Northeast markets and serving as a critical component of Chem-Tainer’s East Coast manufacturing and distribution network.

FOR SALE DETAILS

PRICE

$1,895,000 USD

CAP RATE

8.23%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

undefined, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

3

PARKING SPACES

20

LAND DETAILS

LAND ACRES

4.5

LAND SF

196,020

ZONING

Industrial Commercial (IC

APN/PARCEL ID

25-018-016

ASK ABOUT THIS PROPERTY

W. Jason GraceLandmark Commercial RealtyMore Info
717-421-1943

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W. Jason GraceLandmark Commercial RealtyMore Info
717-421-1943

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