629 Pike Springs Rd - Freestanding FOR SALE
Phoenixville, PA 19460 |
$1,626,000 USD
310-844-9368
629 Pike Springs Rd
Phoenixville, PA 19460
HIGHLIGHTS
- Rare Low-Coverage Industrial Asset with Substantial Outdoor Storage:
- ±12,000 SF industrial facility situated on ±4.0 acres, reflecting a low site coverage ratio of 6.89%—an exceptionally scarce configuration within the
- Compelling Rental Upside with Long-Term Hold Appeal:
- In-place rent is currently more than 70% below prevailing market rates, presenting a strong value-add opportunity. Located in a supply-constrained sub
- Strong Corporate Guarantee with Institutional Sponsorship
- Fully leased to US LBM, a national building materials distributor operating 460+ locations across the U.S. The tenant is backed by Bain Capital and Pl
FOR SALE DETAILS
PRICE
$1,626,000 USD
PRICE/SF
$136 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
US LBM
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1966
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
4 AC
LAND SF
174,240 SF
ZONING
R-2
APN/PARCEL ID
26-02R-0025.0100
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310-844-9368
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310-844-9368
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