Listed by Newmark Knight Frank, Newmark - Dallas, Newmark, NAI Burns Scalo
$6,213,000
Drilling Tools International
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 23,790
Cap Rate 7.00%
NOI $434,940
Occupancy 100%
Tenancy Single
Lease Term 10
Lease Expiration 07/31/2035
Remaining Term 9
Rent Bumps Yes
Lease Options Two (2), Five (5) Year Options
Year Built 2025
Buildings 1
Acreage 6.800
Zoning I-1 Light Industrial
Investment Type Net Lease
Lease Commencement 08/01/2025
Ground Lease No
Ceiling Height 28' eave and 36' at center
Industrial | 7.00% CAP | 23,790 SqFt
Marketing description
Newmark is pleased to present 134 Monack Way in Charleroi, PA, a newly constructed single-tenant industrial asset. The property is strategically positioned just off I-70, providing superior logistics and transportation access for the tenant. The investment is secured by a long-term lease that features scheduled rental increases, offering investors consistent income growth and a reliable hedge against future inflation.
The deal size is particularly attractive for investors seeking a stable, long-term asset in a key corridor. This offering represents a unique opportunity to acquire a high-quality industrial property with built-in growth and a strategic position in the market.
Investment highlights
- PRIME LOCATION WITH EXCELLENT LOGISTICS ACCESS - The property is strategically positioned just off I-70, a critical east-west interstate corridor, offering exceptional logistics connectivity. This prime location is vital for industrial operations requiring efficient transportation routes to regional and national markets, enhancing the site's desirability and supporting long-term intrinsic value.
- SECURE LONG-TERM LEASE WITH ANNUAL GROWTH - The asset is secured by a brand new 10-year lease with Drilling Tools International, that commenced in August 2025. The lease structure ensures steady revenue growth through 2% annual rent increases, providing a hedge against inflation.
- BRAND NEW CONSTRUCTION WITH LOW SITE COVERAGE - Completed in 2025, this newly constructed metal facility minimizes near-term capital expenditure requirements for the new owner. The property features a low site coverage ratio of 8% on a large 6.8-acre parcel (5 usable acres). This extensive graveled yard is ideal for Industrial Outdoor Storage (IOS) use, offering significant functionality for heavy equipment maintenance and future expansion potential.
- ATTRACTIVE INVESTMENT OPPORTUNITY - The property represents an attractive acquisition for investors seeking a turnkey industrial asset. With stable tenancy and strategic location, it offers an accessible, income-producing opportunity with potential upside.
Listing Contacts
Listed by Newmark Knight Frank, Newmark - Dallas, Newmark, NAI Burns Scalo
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$434,940.00
$36,245.00/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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