130 Penn Am Dr Industriel/Logistique 4 408 m² 100 % Loué À vendre Quakertown, PA 18951 5 089 366 € (1 154,63 €/m²)

130 Penn Am Drive, Quakertown consists of a 47,445 square foot warehouse in Bucks Country, PA, situated on a 4.18 acre site, with a Richland Township zoning designation of "Planned Industrial, G-17 Flex." Originally designed for single occupant use, a condo plan was filed allowing the building to be used by a single occupant or as many as 5 separate occupants, making this a great opportunity for an investor, a user, or a buyer who wishes to use part of the space and lease the remainder. The current cap rate is low, though near term potenttial exists for a 10% or higher cap rate. Presently the building is 100% leased to 4 separate tenants who are ready to renew, depending on what rate a buyer is willing to provide to them. This enables a buyer the option to negotiate new leases or extensions at current market rates. Existing net income is close to $300,000 today, with potential income as high as $569,000 using the upper end of local market rates. Most sections have approximately 10-15% of office space, and 3 of the sections have had substantial recent upgrades. Due to the confidential nature of several of the tenant's operations, tours are only able to be conducted during during the due diligence period once a purchase agreement or Letter of Intent is in place. Additional details of each unit are attached to this listing.