60 Portland Road West Conshohocken, PA 19428

Transcription

1 West Conshohocken, PA For Sale: 52,000 ± SF Industrial Building on 3 ± Acres As exclusive agents, we are pleased to offer the following property for sale: Up to 90% Financing Available through the SBA! 52,000 ± SF total; 36,400 SF 1st floor warehouse space 15,600 SF 2nd floor office space 120 parking spaces; 64 ± lined parking spaces on site plus 55 additional public parking directly in front of the building 28'6" sloping to 23' clear height Four tailgate loading docks & one 12' x 14' drive in door 43' x 21.5' column spacing Fully sprinkled Natural gas heat Neil Shupak Senior Managing Director nshupak@ngkf.com Justin Bell Managing Director jbell@ngkf.com Billboard opportunity facing I 476 (Blue Route) Traffic count: 114,400 vehicles per day "HI" Heavy Industrial Zoning in West Conshohocken Borough; permits a wide variety of manufacturing and warehouse uses. Up to 10% of the space can be used for retail. 880 E. Swedesford Rd, Suite 100, Wayne, PA Office: Procuring broker shall only be entitled to a commission calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.

2 West Conshohocken, PA Prominent Billboard Opportunity on the Blue Route, I ,400 Vehicles Per Day, 41,750,000 Per Year Travel Past The Property! Neil Shupak Senior Managing Director nshupak@ngkf.com Justin Bell Managing Director jbell@ngkf.com 880 E. Swedesford Road, Suite 100, Wayne, PA Office:

3 Table of Contents 1. Property Overview 2. Plans 3. Maps & Photographs 4. H-I Zoning Information 5. Historical Operating Expenses 6. SBA Financing

4 Property Overview Property Address:, West Conshohocken, PA Property Type: Building: Lot Size: Parking: Industrial warehouse 52,000 ± SF 3 ± acres Assessor s Parcel Number (APN): ± lined parking spaces on-site plus additional 55 public parking directly in front of the building First Floor: Second Floor: 36,400 ± SF (130 x 280 ) 15,600 ± SF (130 x 120 ); heated and air-conditioned office and warehouse space with 10 clear height 20,800 ± SF (130 x 160 ); heated warehouse space with clear height. 4,000 ± SF of the warehouse is also conditioned. 15,600 ± SF (130 x 120 ) of office space with 9 ceiling height. 1,400 ± SF is storage space with a 15 clear height and a roll up door that opens to the warehouse Power: Loading: Sprinklers: Column Spacing: 43 x 21.5 Floor: Walls: Lighting: HVAC: Water: Sewer: Zoning: Miscellaneous: Traffic Count: Business Taxes: 1,200 amps, 480 volt, 3-phase Four tailgate loading docks and one 12 x 14 drive in door Wet sprinkler system throughout Reinforced concrete Real Estate Taxes: $46, (2015) Possession: Block and metal insulated panel construction Combination; metal halide lighting in warehouse; fluorescent in the office Office: 8 heating/air-conditioning units; 4 heat pumps & 4 gas package units 38 tons of air-conditioning; 12 tons on the 1 st floor & 26 tons on the 2 nd floor Warehouse: Six, 150,000 BTU gas fired ceiling hung unit heaters 1 domestic water line & 8 fire service line for sprinkler; supplied by Aqua America 8 sewer line supplied by The Borough of Conshohocken Authority HI Heavy Industrial, West Conshohocken Borough; warehouse/manufacturing multi-story use There is a compressor in the warehouse Approximately 114,000 vehicles per day travel on I-476 past the property / 41,600,000 per year * No Business Privilege or Occupational Privilege Tax * 1% Earned Income Tax * $52 Annual Local Service Tax At Settlement

5 Site Plan

6 First Floor Plan

7 Second Floor Plan 120

8 Parking Plan Drive-In Door 4 Tailgate Loading Docks

9 Photographs View from front Loading Docks View looking south from I-476 Southbound View looking west from I-476 Southbound

10 Aerial Photographs

11 Aerial Photographs

12 Map

13 Tax Map

14 Borough of West Conshohocken Zoning Map

15 H-I Zoning Information

16 H-I Zoning Information

17 H-I Zoning Information

18 Historical Operating Expenses 52,000 ± SF Expenses: YTD 2015 YTD 2014 YTD 2013 Real Estate Taxes $46, $45, $44, Insurance $20, $19, $19, Sewer * $3, $9, $8, Sprinkler ($ per month) $3, $4, $4, Domestic Water $3, $10, $7, Hydrant ($56.00 per month) $ $ $ Security Fire Monitor $ $ $ Maintenance & Repairs (roof, HVAC, etc.) $7, $7, $16, Landscaping $1, $1, $1, Snow Removal $3, $2, $ Total Expenses $91, $101, $102, Square Feet 52,000 52,000 52,000 Expense PSF $1.75 $1.94 $1.97 * 1 st & 2 nd Quarters

19 West Conshohocken, PA 52,000 +/- SF INDUSTRIAL BUILDING ASKING PRICE: $7,000,000 90% LOAN STRUCTURE Land & Building $7,000,000 Closing Costs (estimate) $200,000 Total Project Costs $7,200,000 Borrower 10% Down Payment $720,000 Seller Contribution $0 44 LOAN AMOUNT $6,480,000 LOAN TERMS & CONDITIONS SBA 504 Loan Term 25/20 years Interest Rate (Prime + Spread) 5.25 % Monthly Loan Payment $40,950 Prequalification 48 hours For More Information Please Contact: MARKETING/SALES Newmark Grubb Knight Frank Exclusive Agents Neil Shupak nshupak@ngkf.com or Justin Bell jbell@ngkf.com FINANCING 44 Business Capital, LLC Michael Hahn Senior Vice President T: x234 C: mhahn@44businesscapital.com *This nonbinding Purchase Scenario does not constitute a loan commitment nor does it contain all terms of a loan. A commitment to lend will be evidenced by a formal commitment letter signed by an officer of 44 Business Capital LLC.

20 Suburban Philadelphia 800 E. Swedesford Road Suite 100 Wayne, PA North America Canada Mexico United States Europe Asia-Pacific Australia Cambodia China Hong Kong India Africa Botswana Kenya Malawi Nigeria South Africa Neil Shupak Senior Managing Director Austria Belgium Czech Republic France Indonesia Malaysia New Zealand Singapore Tanzania Uganda Zambia Zimbabwe Justin Bell Managing Director Germany Ireland Italy Netherlands South Korea Thailand Vietnam Middle East Bahrain United Arab Emirates Poland Qatar Portugal Romania Russia Spain Switzerland Ukraine United Kingdom