Absolute Net Investment Property For Sale

Highlights:

• 19 years remaining on an excellent net lease
• Strong credit tenant with solid financials and rent coverage ratios
• Recent expansion increases square footage and reduces rent per SF
• Tenant commitment reinforced through continued investment in the property
• Portfolio opportunity when combined with 347 East Industrial Drive
• Strategic location in Pleasantville, PA with access to Route 27 and I-80
• Regional reach to Erie (1 hr), Pittsburgh (2 hrs), and Cleveland (2.5 hrs)

Description:

162 Chapman Road in Pleasantville, PA 16341 offers investors a long-term net lease opportunity with approximately 19 years remaining. The property is leased to a strong credit tenant with solid financials and healthy rent coverage ratios, ensuring stable and reliable income. A recent expansion has increased the overall square footage, effectively reducing the rental rate per SF while reinforcing the tenant’s commitment to the property and enhancing investor confidence. When paired with 347 East Industrial Drive, this asset creates a compelling portfolio opportunity that provides scale, diversification, and strong marketability.

162 Chapman Road is strategically located just outside Pleasantville, within Venango County’s established industrial and transportation corridor, offering excellent access to regional and interstate routes. The property is less than 10 minutes from Pennsylvania Route 27, with direct connections west to Titusville and east to Interstate 80, only 35 minutes away, providing access to major east–west and north–south corridors. This central location enables efficient distribution across Northwestern Pennsylvania and into surrounding markets in Ohio and New York. Erie is just over an hour’s drive north, Pittsburgh is approximately 2 hours south, and Cleveland can be reached in under 2.5 hours.

1 to 20 tons

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