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Capitol Building Supply 1400 Hagy Way 59,050 SF Industrial Building Harrisburg, PA 17110 $12,026,731 CAD ($203.67 CAD/SF) 6.40% Cap Rate
Investment Highlights
- Premier Industrial Tenant | Capitol Building Supply (CBSI) | Wholly-Owned Subsidiary of The Home Depot
- Unique IOS Opportunity
- Harrisburg Area East Industrial Submarket Advantage
- Long-Term NNN Lease with Attractive Annual Rent Increases
- Excellent Interstate Access | 1.5 Miles Southeast of Interstate 81 (107,222 VPD) | Convenient Access to South-Central & Northeastern Pennsylvania
- Harrisburg-Carlisle, PA MSA Advantage (MSA Population: 610,119+)
Executive Summary
CBRE is pleased to offer for sale the 59,050 square-foot Capitol Building Supply located on 4.13 acres in Harrisburg, PA. CBSI’s NNN lease features ±7.2 years of term remaining with 3% annual rent increases throughout the term and two 5-year renewal options.
Property Facts
| Price | $12,026,731 CAD | Rentable Building Area | 59,050 SF |
| Price Per SF | $203.67 CAD | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built/Renovated | 1997/2023 |
| Cap Rate | 6.40% | Tenancy | Single |
| Property Type | Industrial | Clear Ceiling Height | 22’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 10 |
| Building Class | B | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 4.13 AC | ||
| Zoning | I2 - Warehouse, Storage | ||
| Price | $12,026,731 CAD |
| Price Per SF | $203.67 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 6.40% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 4.13 AC |
| Rentable Building Area | 59,050 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1997/2023 |
| Tenancy | Single |
| Clear Ceiling Height | 22’ |
| No. Dock-High Doors/Loading | 10 |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | I2 - Warehouse, Storage |
Amenities
- Fenced Lot
Utilities
- Lighting - Sodium
- Gas
- Water
- Sewer
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 62-022-105 | Improvements Assessment | $1,376,569 CAD |
| Land Assessment | $611,687 CAD | Total Assessment | $1,988,257 CAD |
Property Taxes
Parcel Number
62-022-105
Land Assessment
$611,687 CAD
Improvements Assessment
$1,376,569 CAD
Total Assessment
$1,988,257 CAD
Contacts
-
Brian Pfohl -
Thomas Carr -
Christopher Bosworth -
Kaitlyn Wolf -
Matthew Gorman -
Leah Lindell -
Abby Kelly -
CBRE
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Photos
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Capitol Building Supply | 1400 Hagy Way
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