11055 Parker DrIrwin, PA 15642

Property Details for 11055 Parker Dr

Year built

1998

Lot size

9.30 AC

Property size (Sq ft)

28,500 SF

Property type

Industrial properties

APN

54-06-06-0-259

APU

5406060259

Description

This exceptional investment opportunity presents a 39,000-square-foot, multi-tenant industrial building situated in Westmoreland County Industrial Park IV, Irwin, PA. Built in 2013, this single-story structure sits on a 9.3-acre lot, offering ample space for expansion or outdoor storage. The property boasts 100% occupancy with a strong NOI of $245,210, resulting in a 7.43% cap rate. The asking price is $3,300,000, or $1,100,000 per unit. Featuring eight loading docks and a 16-foot ceiling height, the building is ideally suited for distribution, warehouse, and manufacturing uses. The property includes 44 parking spaces and benefits from long-term leases with credit-rated tenants, including rent bumps. The permitted zoning is industrial, and the property's location within the established Westmoreland County Industrial Park IV provides excellent access to transportation and infrastructure. This is a core investment opportunity with a proven track record of strong performance and significant upside potential. The property's features, combined with its prime location and strong tenant base, make it an attractive investment for discerning buyers seeking a stable, high-yielding asset. The APN is 54-06-06-0-259. This is a NNN lease.

Location Insight

City

Irwin

County

Westmoreland

State

Pennsylvania

Latitude

40.3338

Longitude

-79.7724

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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