Absolute Net Investment Property For Sale
$3,100,000
347 E Industrial Dr, Titusville, PA 16354
7.73
Cap Rate
239,552.27
NOI
Details:
Highlights:
- Less than 5 minutes to U.S. Route 8 and 35 minutes to Interstate 80
- High-quality heavy industrial building with significant crane capacity
- Extremely well-maintained facility with long-term operational viability
- Purpose-built design with strong re-purpose potential for future use
- Excellent net lease structure with approximately 19 years of term remaining
- Opportunity to combine with 347 East Industrial Drive for a compelling portfolio sale
Description:
347 East Industrial Drive offers investors a premier opportunity to acquire a high-quality heavy industrial facility under an excellent net lease structure with approximately 19 years remaining. The property is leased to a strong credit tenant with solid financials and rent coverage ratios, ensuring stable long-term income. Featuring significant crane capacity, the facility provides capabilities that are difficult to replicate and offers strong re-purpose potential. The building is extremely well maintained, and recently expanded—further demonstrating the tenant’s commitment to the site and boosting investor confidence. Lastly, located within an established industrial park with excellent occupancy,
347 East Industrial Drive is strategically situated within Titusville’s established industrial corridor, offering excellent access to regional and interstate transportation routes. The property is less than 5 minutes from U.S. Route 8, with direct connections north toward Erie and south to Interstate 80, just 35 minutes away providing access to major east–west and north–south corridors. This prime location allows for efficient distribution throughout Northwestern Pennsylvania and into surrounding markets in Ohio and New York. Erie is just over an hour’s drive, Pittsburgh is approximately 2 hours south, and Cleveland can be reached in under 2.5 hours.
Documents:
| Title | ||
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| Offering_Memorandum__L_.pdf | ||
| Offering Memorandum (L) |