Embed Size (px)
Citation preview
Executive Summary
Industrial Investment Property for Sale
70 Hilton Street, Easton, PA 18042
Feinberg Real Estate Advisors, LLC1390 Ridgeview Drive, Suite 301 • Allentown, PA 18104-9065 • 610.709.6233 • Fax. 610.398.4057 • www.feinbergrea.com
CINDY MCDONNELL [email protected]: 610.360.9733Direct: 610.709.62311
PROPERTY OVERVIEWThe industrial flex property built in 2011 is located on an industrialstreet in the Lehigh Valley of Pennsylvania, part of the buddingbusiness corridor of Route 78. The site is within 1/8 mile of Route 78,and within 2 miles of the New Jersey state line.
PROPERTY FEATURESTwo long-term tenants with NNN leases
Ceiling height - 20’ clear to bar joist
Extra hazard wet sprinkler system
Capability of seven (7) truck dock doors
Ample truck court size with standard truck access and
turnaround
Masonry block facade, insulated metal panels, steel frameconstruction
Call or email for additional information or investmentsummary
SALE PRICE: $2,500,000
LOT SIZE: 2.17 Acres
BUILDING SIZE: 26,500 SF
ZONING: Commercial
PROPERTY TYPE Industrial
2017 NOI: $173,000
Feinberg Real Estate Advisors, LLC1390 Ridgeview Drive, Suite 301 • Allentown, PA 18104-9065 • 610.709.6233 • Fax. 610.398.4057 • www.feinbergrea.com
CINDY MCDONNELL [email protected]: 610.360.9733Direct: 610.709.62312
Additional Photos
Industrial Investment Property for Sale
70 Hilton Street, Easton, PA 18042
Feinberg Real Estate Advisors, LLC1390 Ridgeview Drive, Suite 301 • Allentown, PA 18104-9065 • 610.709.6233 • Fax. 610.398.4057 • www.feinbergrea.com
CINDY MCDONNELL [email protected]: 610.360.9733Direct: 610.709.62313
Additional Photos
Industrial Investment Property for Sale
70 Hilton Street, Easton, PA 18042
Feinberg Real Estate Advisors, LLC1390 Ridgeview Drive, Suite 301 • Allentown, PA 18104-9065 • 610.709.6233 • Fax. 610.398.4057 • www.feinbergrea.com
CINDY MCDONNELL [email protected]: 610.360.9733Direct: 610.709.62314
Location Maps
Industrial Investment Property for Sale
70 Hilton Street, Easton, PA 18042
Feinberg Real Estate Advisors, LLC1390 Ridgeview Drive, Suite 301 • Allentown, PA 18104-9065 • 610.709.6233 • Fax. 610.398.4057 • www.feinbergrea.com
CINDY MCDONNELL [email protected]: 610.360.9733Direct: 610.709.62315
* Demographic data derived from 2010 US Census
Demographics Map
Industrial Investment Property for Sale
70 Hilton Street, Easton, PA 18042
ETHNICITY 1 MILE 5 MILES 10 MILES% HISPANIC 16.8% 9.7% 10.0%
RACE 1 MILE 5 MILES 10 MILES% WHITE 69.3% 81.7% 84.6%% BLACK 14.7% 8.6% 6.2%% ASIAN 1.9% 2.6% 2.6%% HAWAIIAN 0.2% 0.2% 0.1%% INDIAN 0.4% 0.2% 0.2%% OTHER 5.7% 3.7% 3.8%
POPULATION 1 MILE 5 MILES 10 MILESTOTAL POPULATION 8,319 123,458 263,092MEDIAN AGE 37.3 38.3 40.2MEDIAN AGE (MALE) 36.1 37.0 39.1MEDIAN AGE (FEMALE) 38.3 39.9 41.5
HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILESTOTAL HOUSEHOLDS 3,135 46,586 99,564# OF PERSONS PER HH 2.7 2.7 2.6AVERAGE HH INCOME $54,613 $69,001 $75,805AVERAGE HOUSE VALUE $187,053 $241,568 $279,082
![Exposure Draft Accounting Standard (AS) 40 Investment Property€¦ · Classification of property as investment property or owner-occupied property 6 [Refer Appendix 1] 7 Investment](https://img.pdfslide.us/doc/110x75/5fbcf600809f143a58735fcf/exposure-draft-accounting-standard-as-40-investment-property-classification-of.jpg)