$5,250,000

210 Hostetter Rd

MANHEIM PA, 17545

Description

8.63% cap rate investment opportunity. Multi-tenant industrial park with 91% occupancy. Greentree Business Park consists of five parcels, with over 150,100 SF on 12.5 acres. Proximity to Manheim Auto Auction results in reliably high occupancy rates. 75% of the 16 tenants have been in place for over 3 years. 25% of the rent roll has been in place for over 11 years. Opportunity to add 40,000+ SF of current shell space to rent roll.

Details

MLS#PALA158262
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1930
Days On Site112

Features

SQ Feet150,100
Story(s)0
ZoningPC-1

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Area Information

StatePA
CityMANHEIM
Zip Code17545
AreaManheim Boro (10540)
Listing VS Median (in 17545)
Price:
$5,250,000
low | high
Med:
$249,900
100% of Average
SqFt:
150,100
low | high
Med:
2,872
100% of Average
$ / SqFt:
$35
low | high
Med:
$87
98.772980501394% of Average
On Site:
112
low | high
Med:
7
100% of Average
Listing Updated: 05/28/2020
MLS Number: PALA158262
Listing Provided By:
John F Thiry  of  Thiry Commercial
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