Technical
Financial
Distress signals
Property profile

78 Wells Rd Spring City, PA 19475

OFF-MARKET
Warehouses
25,000 SF 2.9 ac lot Built 1969
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple ownership of a 25,000 square foot flex space currently occupied by Longstreth Sporting Goods, the nation's leading field hockey equipment supplier. Located at 78 Wells Rd, Spring City, PA 19475, this single-story building sits on a 2.9-acre lot and boasts a 24-foot ceiling height. The property features a unique blend of retail (5,000 sq ft), warehouse (16,000 sq ft), and office space (4,000 sq ft), perfectly suited to its current tenant. Built in 1969 and renovated in 2000, the property includes recently upgraded LED lighting and HVAC systems in the office area. The property benefits from a 20-year net lease (NN) with a corporate guarantee, providing financial stability and security. The lease commenced February 29, 2012, and expires February 28, 2032, with approximately 7.3 years remaining. The asking price is $1,760,000, representing a $70.40 per square foot price and a 7.50% cap rate, with a current NOI of $132,000. The property is zoned HI (Heavy Industrial) and enjoys a prime location near major transportation routes and a significant workforce population. The tenant's strong market position, coupled with the property's strategic location adjacent to a premier field hockey training facility, ensures continued high occupancy and strong rental income. Detailed rent bump information is available in the offering memorandum.

Property profile

Verified
Property type Warehouses
Year built 1969
Total area 25,000 SF
Lot 2.9 ac (126,324 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • (Bike/Boat/Book/etc) Store

Location

78 Wells Rd Spring City, PA 19475
Spring City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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