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33711405
33711416

1140 Garfield Ave, Lancaster, PA 17601

DB
PA RM425415
Unpriced
0 days on market
Updated 0 days ago

1140 Garfield Avenue

Details
APN 339-33763-0-0000
Property Type Industrial
Sub Type Warehouse, Flex
Square Footage 77,875
Occupancy 42.3%
Tenancy Single
Lease Type NNN
Year Built 1910
Buildings 2
Stories 1
Acreage 3.400
Zoning Central Manufacturing
Parking Spaces 54 spaces
Parking Per SqFt 0.69
Investment Type Value Add
Ceiling Height 14 ft
Dock High Doors 4

Industrial | 77,875 SqFt

Marketing description

1140 Garfield Avenue presents a rare opportunity to acquire a strategically located industrial asset featuring long-term in-place income and substantial vacancy available for owner occupancy or lease-up. The Property benefits from a recently extended NNN lease with Nolt's Auto Parts, providing stable cash flow while preserving flexibility for future growth. Recent ownership investments, including building clean-up, floor and wall refurbishment, roof repairs, and heating system upgrades, have enhanced the property's functionality and presentation. Whether utilized by an owner-occupant seeking to offset occupancy costs or an investor pursuing value creation through additional leasing activity, the Property offers multiple paths to success in one of Central Pennsylvania's strongest industrial markets.

Investment highlights

  • Long-Term NNN Income in Place
  • Immediate Owner-Occupancy Opportunity
  • Recent Property Improvements
  • Significant Leasing Upside
  • Flexible Industrial Configuration

Listing Contacts

DB
PA RM425415

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Additional Information

Name
Deepa Balepur
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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