Property summary
This exceptional investment opportunity presents a 39,000-square-foot, multi-tenant industrial building situated in Westmoreland County Industrial Park IV, Irwin, PA. Built in 2013, this single-story structure sits on a 9.3-acre lot, offering ample space for expansion or outdoor storage. The property boasts 100% occupancy with a strong NOI of $245,210, resulting in a 7.43% cap rate. The asking price is $3,300,000, or $1,100,000 per unit. Featuring eight loading docks and a 16-foot ceiling height, the building is ideally suited for distribution, warehouse, and manufacturing uses. The property includes 44 parking spaces and benefits from long-term leases with credit-rated tenants, including rent bumps. The permitted zoning is industrial, and the property's location within the established Westmoreland County Industrial Park IV provides excellent access to transportation and infrastructure. This is a core investment opportunity with a proven track record of strong performance and significant upside potential. The property's features, combined with its prime location and strong tenant base, make it an attractive investment for discerning buyers seeking a stable, high-yielding asset. The APN is 54-06-06-0-259. This is a NNN lease.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
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