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INVESTMENT HIGHLIGHTS
- Interior and exterior completely renovated in 2022-2023
- 13 In-demand units with diversified income
- Professional Triple Net Leases in place for all Tenants
- Flexible zoning permits warehousing, manufacturing, R&D, office, recreation and more
EXECUTIVE SUMMARY
The ±39,000 SF Lackawanna Plaza flex/industrial park is a newly renovated 13 Unit multi-tenant facility with units ranging from 1,600 SF to 5,500 SF.
Eleven of the thirteen units are first floor industrial/flex spaces with independent drive-in or tailgate loading. The single second floor unit is a fully Leased, elevator serviced flex/office unit of ±5,500 SF.
All units include new HVAC systems servicing office and warehouse areas with both heating and air conditioning coupled with all new roofs and energy efficient insulated ceiling systems.
New office and restroom buildouts are included for each unit along with a utility sink in every warehouse. Electrical service upgrades include new breaker panels, wiring, and either 200 Amps @ 240V (buildings 1&2) or 200 Amps @ 208V (building 3) – all separately metered for each Tenant. Substantial upgrades have been completed for Water, Sewer and Gas utilities and are all separately metered.
The newly installed parking lot includes 71 spaces providing ample parking to support the site. The site offers attractive curb appeal which has been completed with a new brick façade, new sod lawn and landscaping throughout, pedestrian walkways and covered entries.
Offering Memorandum available upon request.
Eleven of the thirteen units are first floor industrial/flex spaces with independent drive-in or tailgate loading. The single second floor unit is a fully Leased, elevator serviced flex/office unit of ±5,500 SF.
All units include new HVAC systems servicing office and warehouse areas with both heating and air conditioning coupled with all new roofs and energy efficient insulated ceiling systems.
New office and restroom buildouts are included for each unit along with a utility sink in every warehouse. Electrical service upgrades include new breaker panels, wiring, and either 200 Amps @ 240V (buildings 1&2) or 200 Amps @ 208V (building 3) – all separately metered for each Tenant. Substantial upgrades have been completed for Water, Sewer and Gas utilities and are all separately metered.
The newly installed parking lot includes 71 spaces providing ample parking to support the site. The site offers attractive curb appeal which has been completed with a new brick façade, new sod lawn and landscaping throughout, pedestrian walkways and covered entries.
Offering Memorandum available upon request.
PROPERTY FACTS
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Industrial | Year Built | 1900 |
| Property Subtype | Warehouse | Parking Ratio | 1.83/1,000 SF |
| Building Class | C | Clear Ceiling Height | 14’ |
| Lot Size | 4.20 AC | No. Dock-High Doors/Loading | 1 |
| Rentable Building Area | 38,850 SF | No. Drive In / Grade-Level Doors | 10 |
| Zoning | LM - Limited Manufacturing | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 4.20 AC |
| Rentable Building Area | 38,850 SF |
| No. Stories | 2 |
| Year Built | 1900 |
| Parking Ratio | 1.83/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 10 |
| Zoning | LM - Limited Manufacturing |
AMENITIES
- Signage
- Air Conditioning
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | 08-00108-0000-00001 | Improvements Assessment | $3,502,800 |
| Land Assessment | $525,000 | Total Assessment | $4,027,800 |
PROPERTY TAXES
Parcel Number
08-00108-0000-00001
Land Assessment
$525,000
Improvements Assessment
$3,502,800
Total Assessment
$4,027,800
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