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1120 Miller Picking Rd
Davidsville, PA 15928

$9,995,000 USD

Warehouse For Sale  •  82,496 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 82,496 SF
  • Lot Size 19.84 AC
  • Building Class C
  • Year Built 1966
  • Cap Rate 6.40 %
  • Tenancy Single
10 Walk Score

Highlights

Lockheed Martin has operated in the Johnstown area for nearly 4 decades.
This site is a dedicated production facility for mission-critical fighter equipment and other military aerospace components.
Moving aerospace manufacturing is incredibly capital-intensive and requires multi-year federal government recertifications of the new site.
The 19.84-acre parcel represents the only logical direction for any future physical expansion of this operation.
Income is backed by one of the world's largest defense contractors, effectively tied to the longevity of the U.S. defense budget.
There are no outstanding free rent periods, tenant improvement (TI) allowances, leasing commissions, or landlord concessions.
Cap Rate: 6.40 %

Major Tenants

Tenant SF Occupied Lease End Date
Lockheed Martin 82,496 SF 1/31/2032

Amenities

  • Conferencing Facility
  • Front Loading
  • Security System
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
13 min - 7.8 mi
AirportDriveWalkDistance
Arnold Palmer Regional 56 min - 35.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Lex Lagace 954-902-5259 Sands Investment Group
Lex Lagace 954-902-5259 Sands Investment Group