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INVESTMENT HIGHLIGHTS
- Immediate access to Route 13. Access to I-495 and I-95.
- Access a dense Northeast corridor consumer base
- Low vacancy, high rental rate growth submarket
- Strong local labor market
- Excellent location for drayage from the Ports of Wilmington, Philadelphia, and Baltimore.
EXECUTIVE SUMMARY
Cresa, as exclusive advisor is proud to present qualified investors and users the opportunity to purchase 3505 Governor Printz Blvd. and 3501 Governor Printz Blvd. in Wilmington, DE. The offering includes two parcels and three buildings (153,475 SF) that are situated on ±10.21 acres zoned industrial.
3505 Governor Printz Blvd - 74,007 SF served by 5 dock-high loading doors as well as five (5) roll up doors at grade service the enclosed canopy. The building is field measured at 32' - 36' clear heights. There is an oversized trailer parking lot at the rear of the upper warehouse. The upper warehouse includes the main office building which is approximately 5,000 SF. The main office is heated and cooled, served by Daiken split system units. There is a full breakroom with a kitchenette, in excellent condition.
3501 Governor Printz Blvd - 65,483 SF served by four (4) recessed dock positions, (2) 14’ x 21’ Rytec rapid roll up doors that were recently installed and two (2) more 10’ x 8’ roll up doors. This building is 16' clear and features floor drains throughout and an oil/water separator system. The concrete slab is on grade in good working condition. Recently renovated 3,500 SF office space.
Fleet Maintenance Building: 13,985 SF fleet maintenance building served by 2 truck bays. This building is 16' clear. Approximately 7,000 SF is used for truck bays and the rest is used for office.
3505 Governor Printz Blvd - 74,007 SF served by 5 dock-high loading doors as well as five (5) roll up doors at grade service the enclosed canopy. The building is field measured at 32' - 36' clear heights. There is an oversized trailer parking lot at the rear of the upper warehouse. The upper warehouse includes the main office building which is approximately 5,000 SF. The main office is heated and cooled, served by Daiken split system units. There is a full breakroom with a kitchenette, in excellent condition.
3501 Governor Printz Blvd - 65,483 SF served by four (4) recessed dock positions, (2) 14’ x 21’ Rytec rapid roll up doors that were recently installed and two (2) more 10’ x 8’ roll up doors. This building is 16' clear and features floor drains throughout and an oil/water separator system. The concrete slab is on grade in good working condition. Recently renovated 3,500 SF office space.
Fleet Maintenance Building: 13,985 SF fleet maintenance building served by 2 truck bays. This building is 16' clear. Approximately 7,000 SF is used for truck bays and the rest is used for office.
PROPERTY FACTS
| Sale Type | Investment | Year Built | 1997 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 1.3/1,000 SF |
| Building Class | C | Clear Ceiling Height | 32’ |
| Lot Size | 10.21 AC | No. Dock-High Doors/Loading | 9 |
| Rentable Building Area | 153,475 SF | No. Drive In / Grade-Level Doors | 11 |
| No. Stories | 1 | Opportunity Zone |
Yes
|
| Zoning | I - Industrial | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 10.21 AC |
| Rentable Building Area | 153,475 SF |
| No. Stories | 1 |
| Year Built | 1997 |
| Tenancy | Single |
| Parking Ratio | 1.3/1,000 SF |
| Clear Ceiling Height | 32’ |
| No. Dock-High Doors/Loading | 9 |
| No. Drive In / Grade-Level Doors | 11 |
| Opportunity Zone |
Yes |
| Zoning | I - Industrial |
AMENITIES
- Fenced Lot
1 1
PROPERTY TAXES
| Parcel Number | 06-148.00-005 | Improvements Assessment | $2,808,700 |
| Land Assessment | $286,500 | Total Assessment | $3,095,200 |
PROPERTY TAXES
Parcel Number
06-148.00-005
Land Assessment
$286,500
Improvements Assessment
$2,808,700
Total Assessment
$3,095,200
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3505 Governor Printz Blvd
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