This Industrial Property is no longer advertised on LoopNet.com.

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
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’
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

ZONING

Zoning Code General Industrial
  • Listing ID: 20683387

  • Date on Market: 8/19/2020

  • Last Updated:

  • Address: 977 Loop Rd, Lewistown, PA 17044