7709 Linglestown Rd - Warehouse FOR SALE


Harrisburg, PA 17112- East Shore/Central
$2,495,000 USD
717-731-1990
7709 Linglestown Rd, Harrisburg, PA for Sale
$2,495,000 USD
Warehouse - FOR SALE
1/4
null | Request Cap Rate

7709 Linglestown Rd
Harrisburg, PA 17112
East Shore/Central


HIGHLIGHTS

  • Excellent investment opportunity occupied by long standing single net Tenant Goodyear since 1982
  • Current tenant is significantly below market value rates for West Hanover Township.
  • Value added deal affords expected increase of 20-30% at lease renewal
  • Additional acreage available for future development
  • Located off of the I-81 interchange at Exit 77 provides easy on/off access.

OVERVIEW

Landmark Commercial Realty proudly presents an exceptional investment opportunity – a 22,000 SF warehouse nestled in vibrant West Hanover Township. This fully leased property, sprawling over 5.29 acres, not only provides a steady income stream through a triple net lease but also offers the potential for additional development on the surplus acreage not currently utilized by the existing structure. The property's robust lease agreement with Goodyear Wingfoot, a distinguished publicly traded company, adds a layer of stability, with the tenant having occupied the premises since 1982. With approximately five (5) years remaining on their lease term, the property stands as a testament to the reliability and longevity of the existing tenancy.

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$112 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

UTILITIES

Gas, Water, Sewer - City

CLEAR CEILING HT

20 Ft

DOCKS

6

DRIVE INS

3

PARKING SPACES

30

LAND DETAILS

LAND ACRES

6.19

LAND SF

269,636

ZONING

CH

APN/PARCEL ID

68-024-162

ASK ABOUT THIS PROPERTY

Nick MartinLandmark Commercial RealtyMore Info
717-731-1990

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Nick MartinLandmark Commercial RealtyMore Info
717-731-1990

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