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1123 Lee Ave 12,000 SF 100% Leased Industrial Building Farrell, PA 16121 $950,000 ($79.17/SF) 10% Cap Rate
EXECUTIVE SUMMARY
SVN Three Rivers Commercial Advisors is pleased to present this industrial investment property located at 1123 Lee Ave in Farrell, PA. This 12,000 SF building, built in 2014, holds potential as a strategic asset. Equipped with 1 dock door, 2 drive-in doors, and 120A/1P power, the property seamlessly accommodates varied operational requirements. Additionally, the inclusion of 20 parking spaces enhances accessibility for employees and visitors. With a prime location in Farrell, PA, this property offers a compelling blend of modern infrastructure and strategic positioning, making it an ideal investment for those seeking to capitalize on the industrial sector's growth.
PROPERTY FACTS
| Price | $950,000 | Rentable Building Area | 12,000 SF |
| Price Per SF | $79.17 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2014 |
| Cap Rate | 10% | Parking Ratio | 1.66/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 16’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 1 |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.88 AC | ||
| Zoning | Commercial - Opportunity zone with tax abatement through 2023 | ||
| Price | $950,000 |
| Price Per SF | $79.17 |
| Sale Type | Investment |
| Cap Rate | 10% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.88 AC |
| Rentable Building Area | 12,000 SF |
| No. Stories | 1 |
| Year Built | 2014 |
| Parking Ratio | 1.66/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | Commercial - Opportunity zone with tax abatement through 2023 |
AMENITIES
- Air Conditioning
UTILITIES
- Lighting
- Heating
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PROPERTY TAXES
| Parcel Number | 52-425-088 | Improvements Assessment | $99,850 |
| Land Assessment | $8,000 | Total Assessment | $107,850 |
PROPERTY TAXES
Parcel Number
52-425-088
Land Assessment
$8,000
Improvements Assessment
$99,850
Total Assessment
$107,850
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1123 Lee Ave
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