6201 Seaforth_Imóvel à venda
6201 Seaforth_Imóvel à venda
6201 Seaforth Street, Baltimore, MD, 21224, US

6201 Seaforth

Descrição do ativo

Jones Lang LaSalle ("JLL") has been exclusively retained to market for sale the fee-simple interest in 6201 Seaforth Street, a 95,000 square foot industrial truck terminal located in Baltimore, Maryland (the "Property" or the "Offering"). 100% leased to Central States Trucking, LLC, the Property is strategically positioned with immediate interstate access, offering convenient reach to the Mid-Atlantic region. 6201 Seaforth Street presents an opportunity to acquire a functional industrial asset in a sub-4.5% vacancy submarket with prime national accessibility and diverse demand drivers. The Offering boasts a recently improved industrial asset with abundant trailer parking and excess outdoor storage, two increasingly important demand drivers for regional and national occupiers today with the emergence of e-commerce and re-shoring around the country. Additionally, at 100% occupancy and 6.3 years of WALT, the Property presents investors with the opportunity to purchase an assured, growing cash flow with near-term yield upside through an estimated 17% mark-to-market opportunity. With exposure to the premier Port of Baltimore market, investors in 6201 Seaforth Street can acquire a functional industrial asset at an attractive basis with material yield upside potential.

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Atributos

Área de construção líquida
8.826 m²
Área de terreno bruta
3,3 ha
Ocupação
100%
WALT
6.3 anos
Ano de construção
1940
Ano de renovação
2024
Número de docas de carga
10
Altura livre
7,92 m
Portas de nível de grau
6

Mídia

Destaques do investimento

  • Core Industrial Market with Diverse Demand Drivers
  • Strategically located just 2 miles from the Seagirt and Dundalk Marine Terminals, at the Port of Baltimore, 6201 Seaforth benefits from one of the nation’s top ports
  • Due to excellent access to transportation infrastructure, including I-95, I-895, & I-83, Baltimore is within an overnight drive of one-third of the nation’s population
  • Assured Cash-Flow with Mark-to-Market Upside
  • 6+ years of fully stabilized annually-escalating cash flow with substantial yield upside through a projected 17% mark-to-market opportunity
  • High-Performing Asset with IOS Upside
  • 8.15-acre plot with 3.5 acres of usable land, 6201 Seaforth stands out as a premier last-mile / intermodal industrial outdoor storage (IOS) site
  • Recent Capital Upgrades
  • Everything but the slab replaced, reinforced and upgraded in the past year
  • New upgrades include the addition of five (5) dock-high doors, a new (2,500 SF) office with bathrooms, fire-alarm system and sprinkler upgrades, LED lighting, plumbing and a brand new roof, among others
  • Attractive Baltimore East Market Fundamentals
  • Uniquely capable of storing large quantities of equipment and commodities compatible with the Port of Baltimore's 1st in the nation ranking in handling automobiles, construction machinery, and other commodities
6201 Seaforth 4_Imóvel à venda
6201 Seaforth 4_Imóvel à venda

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16 de jan de 2025