1123 Lee AveFarrell, PA 16121

This exceptional investment opportunity presents a well-maintained, 12,000-square-foot warehouse in Farrell, Pennsylvania. Built in 2014, the property boasts a strong 8.64% capitalization rate and a Net Operating Income (NOI) of $82,093, with 98% occupancy. The building features three convenient drive-in doors, ample onsite parking, and energy-efficient heating systems, ensuring smooth operations for tenants. Located at 1123 Lee Ave, Farrell, PA 16121, this strategically positioned property offers easy access to major US routes I-80 and I-376, facilitating efficient distribution between Cleveland and Pittsburgh. The building is currently occupied by two Fortune 500 companies, Fastenal (S&P: BBB+) and Lincare (a Linde Company, S&P: A), both with over 10 years of tenancy history. These credit-rated tenants are leaders in their respective industries. The property benefits from Mercer County's robust industrial market, characterized by a low 1.6% vacancy rate (according to CoStar) and a high demand for logistics and specialized space, making this a highly desirable and stable investment. The asking price is $950,000, translating to $79.17 per square foot. This represents a rare opportunity to acquire a high-performing industrial asset in a thriving market.