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20 N Front St
Bally, PA 19503

$1,133,000 - $3,104,000 USD

Distribution Condos For Sale  •  13,484+ SF

Property Details

  • Property Type Distribution
  • Total Building Size 289,343 SF
  • Lot Size 13.5 AC
  • Building Class B
  • Year Built 1947
  • Tenancy Multiple
  • Zoning I
20 Walk Score

2 Units Available

Name Condo Use Size Price Details
1st Floor - Unit 2 Industrial 55,621 SF $3,104,000 USD
  • Unit Size: 55,621 SF
  • Condo Use: Industrial
  • Price: $3,104,000 USD
  • Sale Type: Investment
  • Price/SF: $55.81 USD
Sale Notes
$3,104,000 - $55.81/SF Ask.

8% Asking Cap ($248,313 NOI).

Three tenants currently occupying approx. 69% of unit #2. WALT of 3 years. 

Value-add of opportunity to lease 31% of the vacancy bosting NOI.

Tenants can be moved for user-buyer.
1st Floor - Unit 4 Industrial 13,484 SF $1,133,000 USD
  • Unit Size: 13,484 SF
  • Condo Use: Industrial
  • Price: $1,133,000 USD
  • Sale Type: Investment
  • Price/SF: $84.03 USD
Description
Unit 4 25630903046963C04 – Unit 4 Single Tenant Warehouse - 13,484 sf

Sale Notes
Single tenant, long term nnn leased (8-yrs), warehouse condo being offered at an 8.75% cap rate. Single tenant in Great American Weaving Co/Ira Green, Inc. is the largest manufacturer and distributor of United States Military decorations, medals, insignia and uniform related accessories in the world.

Highlights

Condo unit #2, single tenant NNN leased #4 (8.75% cap ask - 8 yrs term) and Unit #6 (3 AC IOS) are for sale currently.
Optionality for a user-buyer to occupy whole units (#2 or #6) by moving/terminating existing tenants or keep tenants to cover debt service/expenses.
Condo unit #4 features a single tenant government contractor, 8-yr nnn lease with 3% ann. rent bumps - 8.75% cap ask.
12'-21'11" ceiling clear heights. Variable throughout different units.

Property Flyers

Amenities

  • 24 Hour Access
  • Controlled Access
  • Fenced Lot
  • Front Loading
  • Security System
  • Signage
  • Wheelchair Accessible
  • Yard
  • Reception
  • Storage Space
  • Monument Signage
  • Air Conditioning
  • Smoke Detector
  • Perimeter Security Fence

Public Transportation

AirportDriveWalkDistance
Lehigh Valley International 41 min - 21.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Mark McGarrity 484-796-1076 Jackson Cross Partners
Mark McGarrity 484-796-1076 Jackson Cross Partners