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Moran Industries 222 Packer St 122,000 SF 100% Leased Industrial Building Sunbury, PA 17801 $11,000,000 ($90.16/SF)
INVESTMENT HIGHLIGHTS
- Located just 0.2 miles from US Route 405, and 1.6 miles from US Route 11
- 24' clear height
- 42 docks
- Three drive in's
EXECUTIVE SUMMARY
Avison Young’s Investment Sales team is pleased to offer 222 Packer Street (the “Property”) in Sunbury, Pennsylvania for sale to qualified investors. 222 Packer Street is a two-building industrial property totaling 122,000 sf located just 0.2 miles from US Route 405, and 1.6 miles from US Route 11. The property is equipped with 42 docks doors and three 16’ drive-in doors. Situated on 12.77 acres, Building 1 measures 107,000 sf, with ceiling clear heights ranging from 16’ to 24’. Building 2 consists of 15,000 sf, with 24’ clear ceiling heights, four dock doors and three drive in doors.
100% occupied by three tenants, 222 Packer Street has experienced intensive lease up over the past nine months, with all three tenants executing new lease agreements during this time, supporting the leasing demand in the area. Additionally, the property offers over five acres of industrial outdoor storage. Currently, 2.5 acres of IOS space is leased to United Rentals, with another 2.7 acre lot leased to Bimbo Bakeries.
100% occupied by three tenants, 222 Packer Street has experienced intensive lease up over the past nine months, with all three tenants executing new lease agreements during this time, supporting the leasing demand in the area. Additionally, the property offers over five acres of industrial outdoor storage. Currently, 2.5 acres of IOS space is leased to United Rentals, with another 2.7 acre lot leased to Bimbo Bakeries.
PROPERTY FACTS
| Price | $11,000,000 | No. Stories | 1 |
| Price Per SF | $90.16 | Year Built/Renovated | 1959/1991 |
| Sale Type | Investment | Parking Ratio | 2.87/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 24’ |
| Property Subtype | Distribution | No. Dock-High Doors/Loading | 42 |
| Building Class | B | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 12.77 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 122,000 SF | ||
| Zoning | IP - Industrial Park | ||
| Price | $11,000,000 |
| Price Per SF | $90.16 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 12.77 AC |
| Rentable Building Area | 122,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1959/1991 |
| Parking Ratio | 2.87/1,000 SF |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 42 |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | IP - Industrial Park |
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- UDC Logistics
- Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| UDC Logistics | Services | - | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 050-04-005-004-A | Improvements Assessment | $82,390 |
| Land Assessment | $92,730 | Total Assessment | $175,120 |
PROPERTY TAXES
Parcel Number
050-04-005-004-A
Land Assessment
$92,730
Improvements Assessment
$82,390
Total Assessment
$175,120
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Moran Industries | 222 Packer St
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