Hamburg Distribution Center
150 Birch Hill Rd, Shoemakersville, PA, 19555-9246, US
38.323 m²
Descripción
JLL is pleased to present for sale Crossroads Industrial East & West. The Portfolio consists of seven shallow bay / light industrial logistics and distribution facilities totaling 330,859 SF and presents an investor with the opportunity to acquire a critical mass of in-fill industrial product at Exit 8A of the New Jersey Turnpike.
The Portfolio is 84% leased to a diversified tenant roster with 2.67 years of weighted average remaining lease term. In-place rents are 12.3% below market and the tenants have an average tenure of 17.9 years. 62% of the portfolio rolls to market within the first 3 years of an investors hold period, providing the ability to lease-up the existing vacancy and achieve a significant portion of the mark-to-market in the near term.
The Portfolio benefits from an advantageous design profile with 22’ clear heights, ample loading ratio of 1 door per 4,938 SF and appropriate 13% average office finish. With an average building size of just 47,266 SF and a total of 25 suites, the Portfolio exemplifies ideal multi-tenant functionality.
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Atributos
Properties
7
Portfolio Size
330,859 SF
Average Suite Size
13,200 SF
Occupancy
84.1%
Tenants
18
Average Tenant Tenure
17.9 Years
WALT
2.7 Years
Below Market In-Place Rents
12.3%
Crossroads Industrial East & West (7 Propiedades)
Crossroads Industrial East & West (7 Propiedades)
Media
Aspectos destacados de la inversión
ATTRACTIVE IN-PLACE CASH FLOW WITH IMMEDIATE OPPORTUNITY TO ADD VALUE
OPPORTUNITY TO ACQUIRE A CRITICAL MASS OF SHALLOW-BAY IN-FILL PRODUCT
UNPARALLELED DISTRIBUTION LOCATION
HISTORICAL OCCUPANCY WITH PROVEN MARK-TO-MARKET TRACK RECORD
IMPRESSIVE LABOR & POPULATION DEMOGRAPHICS
