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187 S Meadow Ln 19,794 SF Industrial Building Hummelstown, PA 17036 $1,895,000 ($95.74/SF) 8.23% Cap Rate
Investment Highlights
- Credit Tenant with Corporate Guarantee
- Attractive Lease Economics
- Strategic Logistics Location
- Long-Term Tenancy & Stability
- Mission-Critical Manufacturing Facility
- Functional Industrial Features
Executive Summary
Institutional-quality, single-tenant manufacturing facility leased to Chem-Tainer Industries Inc., a leading U.S. manufacturer of industrial plastic containers and a subsidiary of Tank Holding Corp, a major North American rigid plastic packaging platform backed by private equity firm Olympus Partners. The tenant has occupied this facility continuously since 1988 and recently renewed its lease through December 31, 2029, with 3% annual rent escalations and a corporate guarantee from Tank Holding Corp. The Property is strategically located along U.S. Route 22 near the highly sought-after I-81 corridor, providing exceptional access to major Mid-Atlantic and Northeast markets and serving as a critical component of Chem-Tainer’s East Coast manufacturing and distribution network.
Property Facts
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 25-018-016 | Improvements Assessment | $409,800 |
| Land Assessment | $65,300 | Total Assessment | $475,100 |
Property Taxes
Parcel Number
25-018-016
Land Assessment
$65,300
Improvements Assessment
$409,800
Total Assessment
$475,100
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187 S Meadow Ln
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