50 S Washington St | North East, PA 16428
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- LoopNet Team
50 S Washington St
North East, PA 16428
Industrial Sale Leaseback · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Long term (20-year) absolute triple net lease with annual rent increases
- Mission critical facility with significant capital invested
- Long-term diversified customer base with leading OEMs and Tier 1 suppliers
- Strong Guarantor financial profile
- stablished Tenant experience with a rich operating history spanning 110 years
- Sale leaseback proceeds will be used to fund growth/strategic acquisitions
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Manufacturing | Year Built | 1920 |
| Building Class | B | Tenancy | Single |
| Lot Size | 24.75 AC | Parking Ratio | 0.23/1,000 SF |
| Rentable Building Area | 380,939 SF | Clear Ceiling Height | 30’ |
| Zoning | M-1 | ||
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 24.75 AC |
| Rentable Building Area | 380,939 SF |
| No. Stories | 1 |
| Year Built | 1920 |
| Tenancy | Single |
| Parking Ratio | 0.23/1,000 SF |
| Clear Ceiling Height | 30’ |
| Zoning | M-1 |
PROPERTY TAXES
| Parcel Number | 36-004-035.0-006.00 | Improvements Assessment | $3,278,700 |
| Land Assessment | $259,100 | Total Assessment | $3,537,800 |
PROPERTY TAXES
Parcel Number
36-004-035.0-006.00
Land Assessment
$259,100
Improvements Assessment
$3,278,700
Total Assessment
$3,537,800
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