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Nickles Bakery Inc 1170 E Maiden St 24,000 SF Industrial Building Washington, PA 15301 $2,960,000 ($123.33/SF) 7.50% Cap Rate
EXECUTIVE SUMMARY
Kwekel Companies is pleased to offer the sale leaseback of Nickles Bakery’s 24,000 square foot industrial building located on a 10 acre site. Nickles Bakery will execute a new 15 year absolute NNN lease at closing.
PROPERTY FACTS
| Price | $2,960,000 | Rentable Building Area | 24,000 SF |
| Price Per SF | $123.33 | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built | 1993 |
| Cap Rate | 7.50% | Tenancy | Single |
| Sale Condition | Sale Leaseback | Parking Ratio | 1.04/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 17’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 4 |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 10.00 AC |
| Price | $2,960,000 |
| Price Per SF | $123.33 |
| Sale Type | Investment NNN |
| Cap Rate | 7.50% |
| Sale Condition | Sale Leaseback |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 10.00 AC |
| Rentable Building Area | 24,000 SF |
| No. Stories | 1 |
| Year Built | 1993 |
| Tenancy | Single |
| Parking Ratio | 1.04/1,000 SF |
| Clear Ceiling Height | 17’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 2 |
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PROPERTY TAXES
| Parcel Number | 6000060000003201 | Improvements Assessment | $187,500 |
| Land Assessment | $355,000 | Total Assessment | $542,500 |
PROPERTY TAXES
Parcel Number
6000060000003201
Land Assessment
$355,000
Improvements Assessment
$187,500
Total Assessment
$542,500
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Nickles Bakery Inc | 1170 E Maiden St
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