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Fedex 401 Paintersville Rd

25,574 SF Industrial Building Hunker, PA 15639 $1,950,000 ($76/SF) 6.99% Cap Rate

Warehouses Pennsylvania Hunker 401 Paintersville Rd, Hunker, PA 15639

Investment Highlights

  • Limited landlord responsibilities
  • Corporate guarantee with a Baa2 investment grade rating
  • Below market rents
  • 3.5-years remaining on NN lease beginning 4/1/2023
  • 4.5% rent growth in the submarket
  • New 1-million square foot Amazon warehouse / distribution center under way.

Executive Summary

A single tenant net leased 25,574 SF industrial flex property with a credit rated tenant available for sale in the Greater Pittsburgh, PA area

Attachments

401 Paintersville Rd-FedEx Sale

Financial Summary (Actual - 2022)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $136,252 $5.33

Financial Summary (Actual - 2022)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $136,252
Annual Per SF $5.33

Property Facts

Price $1,950,000 Rentable Building Area 25,574 SF
Price Per SF $76 No. Stories 1
Sale Type Investment Year Built 1990
Cap Rate 6.99% Tenancy Single
Property Type Industrial Parking Ratio 1.56/1,000 SF
Property Subtype
Warehouse
  • General Retail Freestanding
  • FlexLight Distribution
 Clear Ceiling Height 20’
Building Class B No. Dock-High Doors/Loading 4
Lot Size 3.21 AC No. Drive In / Grade-Level Doors 2
Price $1,950,000
Price Per SF $76
Sale Type Investment
Cap Rate 6.99%
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Freestanding
  • FlexLight Distribution
Building Class B
Lot Size 3.21 AC
Rentable Building Area 25,574 SF
No. Stories 1
Year Built 1990
Tenancy Single
Parking Ratio 1.56/1,000 SF
Clear Ceiling Height 20’
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 2

Amenities

  • Fluorescent Lighting

Links

1 of 1

PROPERTY TAXES

Parcel Number 64-06-00-0-047 Improvements Assessment $255,380 (2024)
Land Assessment $15,610 (2024) Total Assessment $270,990 (2024)

PROPERTY TAXES

Parcel Number
64-06-00-0-047
Land Assessment
$15,610 (2024)
Improvements Assessment
$255,380 (2024)
Total Assessment
$270,990 (2024)

zoning

Zoning Code N/A (B-2, Neighborhood Commercial District)
N/A (B-2, Neighborhood Commercial District)
(717) 421-1943

Contacts

  • Listing ID: 29833009

  • Date on Market: 4/1/2023

  • Last Updated:

  • Address: 401 Paintersville Rd, Hunker, PA 15639

More public record information on 401 Paintersville Rd, Hunker, PA 15639

The Industrial Property at 401 Paintersville Rd, Hunker, PA 15639 is currently available for sale. Contact Landmark Commercial Realty for more information.

Industrial PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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401 Paintersville Rd Hunker, PA 15639-1032
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Fedex | 401 Paintersville Rd
(717) 421-1943 x

Fedex | 401 Paintersville Rd

1/3

W. Jason Grace

(717) 421-1943

(717) 421-1943

Michael Curran

(717) 540-2700

(717) 540-2700

Sean Fitzsimmons

(717) 731-1990

(717) 731-1990

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