Joe McDermott, SVP of the Wayne, PA office of CB Richard Ellis, tellsGlobeSt.com the asking sale price is $5.25 million, or $35 per sf. Theasking lease rate is $3.65 per sf, per year, net. McDermott and Eric Larsen, a CBREindustrial specialist in the Wayne office, are marketing the property.
It is at 1530 Nitterhouse Drive, which is at Exit 14 of I-81 and has directaccess to I-70, I-76, and I-78. It is suitable for light manufacturing,warehousing, assembly, or a service center and has 1,500 sf of finishedoffice space.
Other features include a full sprinkler system, nine tailgate loading docks,a drive-in loading door and ceiling heights of up to 27 feet.
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