New Warehouse with Finished
180 Hollywood Dr Butler, PA 16001
180 Hollywood Dr, Butler, PA, 16001
$1,350,000
For Sale
$1,350,000
Newly built warehouse with finished office space for sale.
Property Size12,500 SF
Price / SF$108
Days on Market137
Property Features for 180 Hollywood Dr
General Information
- Standard status
- Active
- Size
- 12,500 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2021
Listing agency
SVN | Three Rivers Commercial Advisors
(724) 759-5164
Listed by
Garrett Cheran · License #RSS346228
(724) 759-5164
Source
Svn
Added: Mar 6 Updated: Jul 10 at 3:48PM Checked: Jul 21 at 4:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Three Rivers Commercial Advisors
Investment Insights
Based on property information with market context.
This newly constructed warehouse/manufacturing building, completed in 2021, offers 12,500 square feet of space. The property includes 10,000 square feet of clear-span warehouse area and 2,500 square feet of fully finished office space. The office area features two ADA-compliant restrooms, a conference room, a reception/entry area, a large breakroom with a kitchen, and four individual office spaces. The warehouse dimensions are 125 feet by 80 feet. Located in Butler City, the property also has the potential for an additional 8,000 square feet of construction on the back of the building.
Key Highlights
- Newly built (2021) 12,500 sq ft warehouse/manufacturing building.
- Benefit from 10,000 sq ft of clear span warehouse space.
- Features 2,500 sq ft of fully finished office space.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.0k | $5.04 |
| − Vacancy | −$2.5k | −$0.20 |
| EGI | $60.5k | $4.84 |
| − OpEx | −$9.1k | −$0.73 |
| NOI | $51.4k | $4.11 |
12,500 SF · lease $5.04/SF/yr · vacancy 4.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$734.4K
$642.6K – $856.8K
NOI $51,408 @ 7.0% cap · market cap 3.81%
Second Best
Industrial
$604.8K
$529.2K – $705.6K
NOI $42,336 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$3.18M
$2.79M – $3.71M
NOI $222,876 @ 7.0% cap · market cap 16.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Manufacturing properties
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - Newly built warehouse with finished office space for sale.
Where is this manufacturing property located?
The property is located at 180 Hollywood Dr Butler, PA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Newly built (2021) 12,500 sq ft warehouse/manufacturing building.; Benefit from **10,000 sq ft of clear span warehouse space.**; Features **2,500 sq ft of fully finished office space.**
