Old York Logistics Center at Exit 7
228 Old York Road, Chesterfield Township, NJ, 08515, US
105,469 平方米
描述
JLL is pleased to present for sale Park 83 Logistics Center located in York, Pennsylvania.
- 764,400 square foot Class A cross-dock distribution facility built in 2023 with best-in class specifications, including 40’ clear height.
- Fully leased to Church & Dwight (NYSE: CHD / Moody’s: A2) with 5.2 years of remaining term and 3.5% annual escalations, providing strong in-place cash flow with investment grade credit.
- Mark-to-market opportunity with in-place rent that is more than 15% below market rent today.
- Located just a 0.25 mile from a full interchange of I-83 within Core Central Pennsylvania, a premier inland hub for the Philadelphia / Baltimore / New York MSA.
The Property is held by entities taxable as REITs. Offers to purchase should consider a transaction form involving ownership of the REIT shares.
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属性
Address
250 Cloverleaf Road, York, PA
Building Size
764,400
Year Built
2023
Clear Height
40'
Occupancy
100%
Tenant
Church & Dwight Co. Inc.
Tenant Credit Rating
Moody's A2 | S&P BBB+
Remaining Lease Term
5.17 Years
媒体
投资亮点
CLASS A NEW CONSTRUCTION
INVESTMENT GRADE TENANCY
IN-PLACE CASH FLOW WITH 3.50% ESCALATIONS
5.17 YEARS OF REMAINING TERM
15% BELOW MARKET RENT
CORE CENTRAL PA INDUSTRIAL MARKET
联系经纪人
Park 83 Logistics Center (0个物业)
