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3587 Clover Ln
New Castle, PA 16105
Sunbelt Rentals · Industrial Property For Sale

INVESTMENT HIGHLIGHTS

  • • Corporate Lease with Sunbelt Rentals, Inc - 2nd Largest Equipment Rental Company in the U.S.
  • • 10-Year NN Leases | Commenced March 2023 - 2% Annual Increases | Minimal LL Responsibilities
  • • 13.36 Acre Site Off of Main Thoroughfare - Wilmington Road has 11,900+ VPD
  • • Parent Company Ashtead Group | LON: AHT - Investment Grade Tenant | Baa3/BBB-
  • • Significant Renovations in 2022 - $1.5+ Million in Recent CapEx Including New Roof

PROPERTY FACTS

Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 11.71 AC
Rentable Building Area 38,942 SF
No. Stories 1
Year Built 1976
Tenancy Single
Parking Ratio 1.14/1,000 SF
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 8
Zoning IP

AMENITIES

  • 24 Hour Access
  • Fenced Lot
  • Security System
  • Signage
  • Yard
  • Storage Space

UTILITIES

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 25-162200
  • 25-316405
  • 25-316402
Land Assessment
$237,000
Improvements Assessment
$734,900
Total Assessment
$971,900
  • Listing ID: 29220619

  • Date on Market: 8/8/2023

  • Last Updated:

  • Address: 3587 Clover Ln, New Castle, PA 16105

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