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1st Floor - Unit 307-312
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Flex
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16,000 SF
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$3,200,000 USD
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Unit Size: 16,000 SF
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Condo Use: Flex
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Price: $3,200,000 USD
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Sale Type: Investment or Owner User
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Price/SF: $200.00 USD
Sale Notes
This Class A industrial property offers 16,000 SF of versatile space, presenting an attractive opportunity for owner-users or investors. The building was previously leased to Carolina Precision Manufacturing and is now fully vacant, ready for new occupancy. Ownership is offering the property for sale at $3,200,000, which equates to a potential annual NOI of $224,000 under an absolute NNN lease structure, subject to terms of a new lease. This configuration provides a passive investment option with minimal landlord responsibilities and a 7% cap rate potential.
The property features high-quality construction, modern finishes, and an efficient layout suitable for manufacturing, distribution, or flex space use. Located within Warminster’s established industrial business district, the site benefits from proximity to major transportation routes including PA Turnpike (I-276), Route 611, Route 263, and County Line Road. Just 13 miles from downtown Philadelphia, the property offers excellent regional connectivity and access to a strong labor pool.
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