Single-Tenant Industrial
20 N Front Street Unit 4, Bally, PA 19555
For Sale
Contact for pricing
Single-tenant warehouse with 11 to 19-foot clearances leased to a longstanding defense accessories manufacturer.
Property Size13,484 SF
Price / SF$84.03
Days on Market156
Property Features for 20 N Front Street Unit 4
General Information
Standard status
Size
Class
Property subtype
Zoning
Lease Type
Investment Type
Net Operating Income
Additional Details
Clear Height
Building Details
Year Built
Buildings
Stories
Tenancy
Listing Agency:
Jackson Cross Partners
Listed By:
Mark McGarrity · License PA RS334396
(610) 265-7700
Source:
Crexi
Added: Jun 10
Changed: Oct 26
Last Checked: Nov 12 at 5:06AM
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 Jackson Cross Partners
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
20 North Front Street, Unit 4, is a single-tenant industrial warehouse property in Bally, Pennsylvania. The space offers 13,484 square feet of rentable area with ceiling clearances ranging from 11 to 19 feet, supporting a variety of light industrial and distribution-oriented uses. The building is currently leased to Ira Green, Inc.
The property is presented for sale as part of a leased investment, with the tenant having executed a 7-year lease extension, bringing the total lease term to 8 years. The tenant, Ira Green, Inc., is a prominent U.S. manufacturer and distributor of military decorations, medals, insignia, and uniform accessories, founded in 1943.
For buyers seeking an industrial asset with an established tenant, this offering provides a straightforward, single-tenant setup within a warehouse configuration and clear-height ranges of 11 to 19 feet. The current leasing structure, along with the tenant’s documented long-term presence through the recent extension, may be well suited for investors and owner-operators looking for an industrial property with continuity of occupancy.
The property is presented for sale as part of a leased investment, with the tenant having executed a 7-year lease extension, bringing the total lease term to 8 years. The tenant, Ira Green, Inc., is a prominent U.S. manufacturer and distributor of military decorations, medals, insignia, and uniform accessories, founded in 1943.
For buyers seeking an industrial asset with an established tenant, this offering provides a straightforward, single-tenant setup within a warehouse configuration and clear-height ranges of 11 to 19 feet. The current leasing structure, along with the tenant’s documented long-term presence through the recent extension, may be well suited for investors and owner-operators looking for an industrial property with continuity of occupancy.
Key Highlights
- Single‑tenant industrial warehouse with 13,484 SF of rentable space
- Ceiling clearances range from 11 to 19 feet
- Leased to Ira Green, Inc. (defense decorations, medals, insignia, and uniform accessories manufacturer/distributor)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$95,537
Cap Rate
8.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,910,740
$1.9M
Cap Rate 7%
$1,364,814
$1.4M
Cap Rate 9%
$1,061,522
$1.1M
Market Conditions
NOI Build-Up for 13,484 SF
Gross rent
$119.1K $8.83/SF
− Vacancy
−$6.7K −$0.49/SF
EGI
$112.4K $8.34/SF
− OpEx
−$16.9K −$1.25/SF
NOI
$95.5K $7.09/SF
Area
Berks County, PA
Vacancy
5.60%
Lease Rate
$8.83 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,910,740
Cap Rate 7%
$1,364,814
Cap Rate 9%
$1,061,522
Alternative Uses
Best Use
Warehouse
$1.36M
$1.19M – $1.59M
NOI $95,537 @ 7.0% cap · market cap 8.43%
Second Best
Industrial
$1.12M
$983.5K – $1.31M
NOI $78,677 @ 7.0% cap · market cap 6.94%
Theoretical Best
Office A
$2.21M
$1.94M – $2.58M
NOI $154,947 @ 7.0% cap · market cap 13.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
19 ft
Clear height
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19555, PA
3,594
Population
1,509
Households
2.4
Avg Household Size
45
Median Age
15%
College-Educated
90%
High-School Grad
14.9 sq mi
ZIP Area
241
Density / Sq Mi
$75,944
Median Household Income
$41,224
Median Earnings
$1,107
Median Rent
$239,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Warehouses in Berks County, PA
Properties on Market for Warehouses in Berks County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Warehouse - Single-tenant warehouse with 11 to 19-foot clearances leased to a longstanding defense accessories manufacturer.
Where is this warehouse located?
The property is located at 20 N Front Street Unit 4 Bally, PA.
What is the asking price?
The asking price for this property is $1,133,000.
What are key features of this property?
This property features: Single‑tenant industrial warehouse with 13,484 SF of rentable space; Ceiling clearances range from 11 to 19 feet; Leased to Ira Green, Inc. (defense decorations, medals, insignia, and uniform accessories manufacturer/distributor)
