222 Packer St - Distribution FOR SALE


Sunbury, PA 17801
$11,000,000 USD
610-276-3153
222 Packer St, Sunbury, PA for Sale
$11,000,000 USD
Distribution - FOR SALE
1/6
null | Request Cap Rate

222 Packer St
Sunbury, PA 17801


HIGHLIGHTS

  • Located just 0.2 miles from US Route 405, and 1.6 miles from US Route 11
  • 42 docks
  • 24' clear height
  • Three drive in's

OVERVIEW

Avison Young’s Investment Sales team is pleased to offer 222 Packer Street (the “Property”) in Sunbury, Pennsylvania for sale to qualified investors. 222 Packer Street is a two-building industrial property totaling 122,000 sf located just 0.2 miles from US Route 405, and 1.6 miles from US Route 11. The property is equipped with 42 docks doors and three 16’ drive-in doors. Situated on 12.77 acres, Building 1 measures 107,000 sf, with ceiling clear heights ranging from 16’ to 24’. Building 2 consists of 15,000 sf, with 24’ clear ceiling heights, four dock doors and three drive in doors. 100% occupied by three tenants, 222 Packer Street has experienced intensive lease up over the past nine months, with all three tenants executing new lease agreements during this time, supporting the leasing demand in the area. Additionally, the property offers over five acres of industrial outdoor storage. Currently, 2.5 acres of IOS space is leased to United Rentals, with another 2.7 acre lot leased to Bimbo Bakeries.

FOR SALE DETAILS

PRICE

$11,000,000 USD

PRICE/SF

$90 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Moran Industries

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

24 Ft

DOCKS

42

DRIVE INS

3

PARKING SPACES

350

LAND DETAILS

LAND ACRES

12.77

LAND SF

556,261

ZONING

IP

APN/PARCEL ID

050-04-005-004-A

ASK ABOUT THIS PROPERTY

Adam GillespieAvison YoungMore Info
610-276-3153

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Adam GillespieAvison YoungMore Info
610-276-3153

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