20 North Front Street, Bally, PA - Unit 4
Single Tenant NNN Warehouse Condo | 8.75% CAP | 13,484 SF
Marketing description
20 North Front Street - Unit 4 is a single-tenant industrial warehouse property located in Bally, Pennsylvania. The property features 13,484 square feet of rentable space with ceiling clearances ranging from 11 to 19 feet. The building is currently leased to Great American Weaving Corporation, a commercial fabrics manufacturer contracted with the United States Military to produce military-related fabrics and webbings (8 years of term remain after recent 7 year lease extension). The tenant is backed by its parent company, Ira Green, Inc., founded in 1943 and recognized as the largest manufacturer and distributor of United States Military decorations, medals, insignia, and uniform-related accessories with annual revenue exceeding $20,000,000.
Investment highlights
- Asking Price: $1,133,000 ($84.03/SF)
- Cap Rate: 8.75%
- Yr 1 Net Operating Income (NOI): $99,173
- Tenant(s): Single (1) - Great American Weaving Co/Ira Green, Inc. (Parent)
- Remaining Lease Term (Years): Eight (8)
- Rentable SF: 13,484 SF
- Ceiling Clears: 11'-19'
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
