For Sale
$2,100,000

310 Alleghenyville RdMohnton, PA 19540

Pennsylvania Industrial NNN Investment

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 31,739-square-foot industrial property in Mohnton, Pennsylvania, currently occupied by PFI Machining and Specialty under a 5-year absolute NNN lease. The property, situated on a 131,864-square-foot lot at 310 Alleghenyville Rd, 19540, boasts a strong 9.00% cap rate and a substantial net operating income (NOI) of $189,000. The lease features a 2.00% annual rent increase, ensuring consistent income growth. PFI Machining, a long-standing business with over 75 years of operational history, utilizes this facility as its mission-critical headquarters. The property's strategic location just outside Philadelphia, PA, provides access to a robust market. The sale price is $2,100,000, translating to $66.16 per square foot. The property is classified as distribution, manufacturing, and R&D, offering versatility and potential for future expansion. The lease is a single-tenant agreement with a remaining term of 5 years, providing immediate cash flow and long-term stability. The tenant's established history and diverse clientele contribute to the investment's inherent strength and resilience. This sale-leaseback structure minimizes landlord responsibilities, making it an attractive option for passive investors seeking a secure and appreciating asset. Lease options for an additional 4-5 years are available. The 100% occupancy rate further enhances the investment's appeal.

Highlights

  • Absolute NNN lease; zero landlord responsibilities; annual rent escalations.
  • Tenant, PFI, boasts over 75 years of successful operation at this location.
  • Diverse revenue streams from multiple sectors and geographic regions.
  • Experienced management team; future sale anticipated, likely resulting in credit enhancement for the property due to private equity interest.

Property Details for 310 Alleghenyville Rd

Property type
Life science properties, Industrial properties
Square Feet
31,739 SF

Location Insight

City
Mohnton
County
Berks
State
Pennsylvania
Latitude
40.2136846
Longitude
-75.9223449
310 Alleghenyville Rd, Mohnton, Pennsylvania

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310 Alleghenyville Rd
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