Premier Multi-Tenant Industrial Complex
Market Price
153 Smith Transport Road, Roaring Spring, PA 16673
8.5
Cap Rate
63,237 sqft
Building Size
Details:
Highlights:
- Direct Railroad Siding Integration: Directly serviced by the Everett Railroad (60' right-of-way) with dedicated rail siding infrastructure adjacent to Warehouse No. 6 for seamless freight distribution.
- Expansive On-Site Fuel & Logistics Infrastructure: Equipped with a 1,000-gallon above ground tank, diesel dispensers, electrical conduits for UST equipment, multiple propane AST stations, and extensive trailer staging capacity.
- Established Multi-Tenant Income Stream: Fully occupied by established industrial tenants including Heartland Express, Smith Transport, and Edgemate, producing $1,088,759 in net operating income.
- Critical Corporate Headquarters & Sale-Leaseback: Heartland Express operation relies on the site's corporate offices and seeks a 5-year initial leaseback with (2) 5-year options, adding long-term credit stability and incremental rent upside.
Description:
KSR has been exclusively retained to represent 153 Smith Transport Road (331 East Closson Road), a premier multi-tenant industrial complex located in Taylor Township, Roaring Spring, PA 16673.
The site comprises a corporate office building (63,237 SF footprint / 1.4517 acres) and an industrial assemblage on approximately 7.52 acres, encompassing Warehouse Nos. 2, 3 (Edgemate), 4, 5-A, 5-B, and 6, alongside dedicated maintenance and carpenter shops.
The property is fully occupied by an established multi-tenant roster including Heartland Express, Smith Transport, and Edgemate, generating $1,288,860 in annualized gross income and $1,102,199 in Net Operating Income (excluding the upcoming Heartland Express sale-leaseback rent).
Documents:
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| Offering Memorandum |
Location
Gallery