977 Loop Rd | Lewistown, PA 17044
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- LoopNet Team
977 Loop Rd
Lewistown, PA 17044
Industrial Property For Sale
Investment Highlights
- A 66,120+/- square foot industrial building on +/-5.48 acres leased to Nittany Paper Company, Inc until 2030
- Successful "essential" profitable private company with a guaranty
- Recently merged with their pulp and raw material distributor creating a stronger company
- New long term 10-year NNN lease with 2.0% annual base rental increases (9 years remaining)
- New roof with R19 insulation, gutters and downspouts, and new fire suppression system with a new water main, sprinklers, and risers
- Tenants in the area include First Quality Baby Products, Trinity Plastics, Wal-Mart Supercenter, Lowe's, Tractor Supply Co, True Temper, and GE
PROPERTY FACTS
| Property Type | Industrial | Year Built | 1980 |
| Property Subtype | Manufacturing | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.79/1,000 SF |
| Lot Size | 4.40 AC | Clear Ceiling Height | 18 FT |
| Rentable Building Area | 66,305 SF | No. Dock-High Doors/Loading | 2 |
| No. Stories | 1 | No. Drive In / Grade-Level Doors | 4 |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 4.40 AC |
| Rentable Building Area | 66,305 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Tenancy | Single |
| Parking Ratio | 1.79/1,000 SF |
| Clear Ceiling Height | 18 FT |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 4 |
Amenities
- Security System
- Air Conditioning
Utilities
- Lighting - Metal Halide
- Gas
- Heating - Gas
PROPERTY TAXES
| Parcel Number | 17-12-0100M-000 | Improvements Assessment | $377,400 |
| Land Assessment | $43,700 | Total Assessment | $421,100 |
PROPERTY TAXES
Parcel Number
17-12-0100M-000
Land Assessment
$43,700
Improvements Assessment
$377,400
Total Assessment
$421,100
zoning
| Zoning Code | General Industrial |
| General Industrial |
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