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950 Pembroke Rd
Bethlehem, PA 18017
Pembroke Industrial Ctr · Industrial Property For Sale

EXECUTIVE SUMMARY

Excellent investment or 1031 Exchange property. This is a 21,600 +/- SF (Unit 1A) industrial condominium (part of a 75,000 +/- SF building on 4.9 +/- acres with off street parking for 90 vehicles). Unit 1A has frontage on Pembroke Rd, Jennings St and Woodale Ave.Fully air conditioned facility with 2,500 +/- SF of offices, 1,800 +/- SF of lunchroom and 17,300 +/- SF of manufacturing space. Gas heat, 10 to 11 foot ceilings, sprinklers, 400 amp 3 phase electric, 5 restrooms (one ADA compliant), heavy concrete floors and one dock. Property is leased thru 10-31-2020 with two one (1) year options. Current BASE annual rent is $92,700 "net". Base annual rent goes to $95,481 on 11-1-2018 and $98,435 on 11- 1 -2019. The two option years are at $101,295 and $104,333. Property is owned by a Licensed Pa Real Estate Broker. Property is located on the corner of Jennings St and Pembroke Rd. Easy access to Route 33, Route 22 and Rt I-78. .

PROPERTY FACTS

Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 4.00 AC
Rentable Building Area 21,600 SF
No. Stories 1
Year Built/Renovated 1960/1996
Tenancy Single
Parking Ratio 3.7/1,000 SF
Clear Ceiling Height 12’
No. Dock-High Doors/Loading 5
APN / Parcel ID N6SE3C-17-2-1A-0204
Zoning Light- Industrial

AMENITIES

  • Air Conditioning

UTILITIES

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
  • Listing ID: 8500105

  • Date on Market: 8/5/2017

  • Last Updated:

  • Address: 950 Pembroke Rd, Bethlehem, PA 18017

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