Capitol Building Supply: Harrisburg, PA | 1400 Hagy Way
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Capitol Building Supply: Harrisburg, PA 1400 Hagy Way
59,050 SF Industrial Building Harrisburg, PA 17110 $12,685,151 CAD ($214.82 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Long-Term NNN Lease with Attractive Annual Increases
- Corridor With 4.7 MSF Retail, 18.4 MSF Office, 7.9 MSF Industrial And 12,513 Multifamily Units Within A 3-Mile Radius.
- Surrounded By A Concentration Of State & Federal Government Offices
- CBSI is Situated in the Harrisburg Area East Industrial Submarket with Over 40 MSF of Inventory.
EXECUTIVE SUMMARY
CBRE is pleased to offer for sale the 59,050 square-foot Capitol Building Supply located on 4.13 acres in Harrisburg, PA. CBSI’s NNN lease features ±8.3 years of term remaining with 3% annual rent increases throughout the term and two 5-year renewal options.
PROPERTY FACTS
| Price | $12,685,151 CAD | Rentable Building Area | 59,050 SF |
| Price Per SF | $214.82 CAD | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built/Renovated | 1997/2006 |
| Cap Rate | 6% | Tenancy | Single |
| Property Type | Industrial | Clear Ceiling Height | 22’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 10 |
| Building Class | B | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 4.13 AC |
| Price | $12,685,151 CAD |
| Price Per SF | $214.82 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 6% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 4.13 AC |
| Rentable Building Area | 59,050 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1997/2006 |
| Tenancy | Single |
| Clear Ceiling Height | 22’ |
| No. Dock-High Doors/Loading | 10 |
| No. Drive In / Grade-Level Doors | 4 |
AMENITIES
- Fenced Lot
UTILITIES
- Lighting - Sodium
- Gas
- Water
- Sewer
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PROPERTY TAXES
| Parcel Number | 62-022-105 | Improvements Assessment | $1,448,199 CAD |
| Land Assessment | $643,516 CAD | Total Assessment | $2,091,715 CAD |
PROPERTY TAXES
Parcel Number
62-022-105
Land Assessment
$643,516 CAD
Improvements Assessment
$1,448,199 CAD
Total Assessment
$2,091,715 CAD
ZONING
| Zoning Code | I2 (Warehouse, Storage) |
| I2 (Warehouse, Storage) |
CONTACTS
-
Brian Pfohl -
Thomas Carr -
Christopher Bosworth -
Matthew Gorman -
Leah Lindell -
Abby Kelly -
Kaitlyn Wolf -
CBRE
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Capitol Building Supply: Harrisburg, PA | 1400 Hagy Way
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