221 Lower Morrisville Road
Fully Leased Industrial Investment | 16,000 SF
Marketing description
Fully leased, one-story, multi-tenant, industrial/investment building currently configured into three units. Each unit is clear-span.
BUILDING SIZE: 16,000 SF +/- currently configured as follows: Unit B - 4,000 SF +/-; Unit C - 8,000 SF +/- this section encompasses the former unit A; Unit D - 4,000 SF +/-
BUILDING DIMENSIONS: 100' x 160' +/-. Units B & D - 50' x 80'+/- each; Unit C - 50' x 160'+/-
LOT SIZE: 1.196+/- acres
DATE CONSTRUCTED: 1971; extensive renovations completed in 2013
CONSTRUCTION: Walls: Painted metal panels & steel framing; Structure: Steel bar joists & I-beams with concrete footings & foundation walls; Floor: 6" reinforced concrete slab over crushed stone base (assumed but not verified); Roof: Built-up asphalt cover with insulation underneath over metal deck
CEILING HEIGHT: 13'6" - 16'5" +/- to beam; 16' - 19'10" +/- to insulation
LOADING: Unit B: One insulated drive-in door (14' x 10'+/- wide); Unit C: Two drive-in doors (14' x 10'+/-) and one drive-in door (10'x10'+/-); Unit D: Two tailgate docks accessed via exterior, covered platform and one drive-in door (12' x 10'+/- wide)
PARKING: 30+/- spaces plus lot area for truck staging and loading
WATER/SEWER: Municipal
ZONING: PIP - Planned Industrial Park
REAL ESTATE TAXES: $14,142/$0.88 PSF (2023)
LEASE/INCOME INFORMATION: Details to be provided upon execution of a Confidentiality Agreement.
Investment highlights
- Fully leased, one-story, multi-tenant industrial/investment building
- Three clear-span units (Unit B: 4,000 SF, Unit C: 8,000 SF, Unit D: 4,000 SF)
- 16,000 SF +/- total building size on 1.196+/- acres
- Extensive renovations completed in 2013
- Zoning: PIP - Planned Industrial Park
- Real Estate Taxes: $14,142/$0.88 PSF (2023)
- LEASE/INCOME INFORMATION: Details to be provided upon execution of a Confidentiality Agreement
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