401 Paintersville RdHunker, PA 15639
- Other commercial real estate
- 3.10 AC
Property Details for 401 Paintersville Rd
- Lot size
- 3.10 AC
- Property type
- Other commercial real estate
- APN
- 64-06-00-0-047
- APU
- 6406000047
Description
This exceptional investment opportunity presents a single-tenant, net-leased industrial flex property totaling 25,574 square feet, situated on a 3.21-acre lot at 401 Paintersville Rd, Hunker, PA 15639. The property, built in 1990, is currently 100% occupied by a credit-rated FedEx Ship Center, serving as a retail shipping hub for FedEx Express and FedEx Ground. The building features 20,000 square feet of warehouse space, 3,800 square feet of office/retail space, and a 1,740-square-foot vehicle maintenance area. It boasts 20-foot clear ceiling heights, three loading docks, and five dock-high doors. The property includes 65 parking spaces and is climate-controlled and fully sprinklered. Zoned for Neighborhood Commercial use, this strategically located asset benefits from exceptional access to major transportation arteries, including I-76 (Pennsylvania Turnpike), I-70, US-60, and US-119, placing it near other significant industrial hubs and corporate neighbors such as Amazon, UPS, and Westinghouse. The asking price is $1,950,000, representing a 7.00% cap rate and a price per square foot of $76.25. The Westmoreland County submarket exhibits low vacancy rates and strong rental growth potential, presenting a compelling value-add opportunity for investors. The property's strong tenant, prime location, and robust market fundamentals make it an attractive investment prospect.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $36,787,884
- Hospitality
- $33,697,504
- Educational
- $28,035,928
- Medical
- $29,000,126
- Retail
- $43,611,444
Location Insight
- City
- Hunker
- County
- Westmoreland
- State
- Pennsylvania
- Latitude
- 40.2093
- Longitude
- -79.6088
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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