20 Unico Dr West Hazleton, PA 18202-1169
Property summary
This exceptional investment opportunity presents a fully leased, 25,000-square-foot flex/warehouse property located at 20 Unico Drive in West Hazleton, Pennsylvania. The property, built in 1989 with an expansion in 1992, sits on a 4.24-acre lot and boasts a 9% cap rate, offering a strong return on investment. Currently operating under a triple-net (NNN) lease with a single tenant, the lease has a remaining term of six years, extending through December 2029, ensuring consistent cash flow. The building features one loading dock and one dock-high door, catering to efficient logistics. The warehouse roof underwent improvements in March 2023. Zoned M2 – General Manufacturing/Industrial District, this property benefits from its strategic location, providing easy access to major transportation arteries including I-80 and I-81, facilitating seamless connectivity to key markets such as Wilkes-Barre/Scranton, Harrisburg, the Lehigh Valley, Philadelphia, and New York City. The asking price is $2,270,000 and is structured for a 1031 exchange sale, making it an attractive option for investors seeking tax-advantaged transactions. The property's strong occupancy rate (100%) and long-term lease contribute to its financial stability and appeal. Detailed lease abstracts are available upon request with a signed confidentiality agreement.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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