Tuesday, May 4, 2021

Industrial Property in Delaware County Trades for $136/sf

 780 Primos Avenue, a 40,170 SF, manufacturing and distribution facility located in Folcroft, Pennsylvania (“Property”) for $5,475,000.

The building was constructed in 1989, and features 22’ clear ceiling heights, ample loading capacity with full dock packages for the 16 dock positions. The Property is strategically located along US Interstate 95 and was 100% leased to four tenants at closing.

“There was strong interest for this in-fill offering.  The building’s 100% occupancy rate and the existing tenant’s lease terms created an extremely competitive bidding process.  The irreplaceable proximity to I-95, Philadelphia International Airport and Delaware County’s dense population were driving forces for this multi-tenanted building”


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