Download pdf - Industrial Investment Property for Saleimages4.loopnet.com/d2/puByJlXjeiXnKLLYx-zFMcUBv3A6X53...Executive Summary Industrial Investment Property for Sale 70 Hilton Street, Easton,

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



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* Demographic data derived from 2010 US Census

Demographics Map



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