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    Investment properties

    706 Willow Springs Ln, York, PA 17406

    67,652 SF Built 1999
    Property ID
    Property summary
    AI-generated overview

    This 67,652 square foot industrial investment property, located at 706 Willow Springs Lane in York, Pennsylvania (17406), presents a compelling opportunity. Built in 1999, this single-story facility boasts 30.0'-33.0' ceiling heights, four dock-high doors, and one loading dock. The property features over 12,000 square feet of professional office space and is fully air-conditioned. Additional amenities include two 10-ton bridge cranes and a separate hazmat building. Currently leased to York Precision Machining & Hydraulics, LLC under an absolute net lease expiring September 30, 2025, with a three-year renewal option and annual CPI increases. The tenant currently pays $5.16/SF, below market rate, yielding a 4.8% cap rate. The property is zoned for industrial use and enjoys excellent visibility from I-83, situated within a well-established industrial area. This property is ideal for investors seeking a strong return or owner-occupiers looking for a high-quality facility with potential for future occupancy. The asking price is $7,330,000 ($108.35/SF). APN: 67-36-000-MH-0026-Q0-00000. The tenant has a first right of refusal to purchase.

    Property profile
    Verified
    Property type Investment properties
    Year built 1999
    Total area 67,652 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • York Precision Machining and Hydraulics Hydraulic Engineer Hydraulic Equipment Supplier
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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