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347 E Industrial Dr 50,383 SF 100% Leased Industrial Building Titusville, PA 16354 $4,293,221 CAD ($85.21 CAD/SF) 7.73% Cap Rate
INVESTMENT HIGHLIGHTS
- Less than 5 minutes to U.S. Route 8 and 35 minutes to Interstate 80
- Extremely well-maintained facility with long-term operational viability
- Absolute net lease structure with approximately 19 years of term remaining
- High-quality heavy industrial building with significant crane capacity
- Purpose-built design with strong re-purpose potential for future use
EXECUTIVE SUMMARY
347 East Industrial Drive offers investors a premier opportunity to acquire a high-quality heavy industrial facility under an absolute net lease structure with approximately 19 years remaining. The property is leased to a strong credit tenant with solid financials and rent coverage ratios, ensuring stable long-term income. Featuring significant crane capacity, the facility provides capabilities that are difficult to replicate and offers strong re-purpose potential. The building is extremely well maintained, and recently expanded—further demonstrating the tenant’s commitment to the site and boosting investor confidence. Lastly, located within an established industrial park with strong occupancy. The cranes will convey with the Real Estate.
PROPERTY FACTS
| Price | $4,293,221 CAD | Building Class | C |
| Price Per SF | $85.21 CAD | Lot Size | 8.01 AC |
| Sale Type | Investment NNN | Rentable Building Area | 50,383 SF |
| Cap Rate | 7.73% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1970 |
| Zoning | Industrial - Industrial | ||
| Price | $4,293,221 CAD |
| Price Per SF | $85.21 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 7.73% |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 8.01 AC |
| Rentable Building Area | 50,383 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Zoning | Industrial - Industrial |
AMENITIES
- Signage
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PROPERTY TAXES
| Parcel Number | 59-0-110751 | Improvements Assessment | $307,464 CAD |
| Land Assessment | $10,179 CAD | Total Assessment | $317,643 CAD |
PROPERTY TAXES
Parcel Number
59-0-110751
Land Assessment
$10,179 CAD
Improvements Assessment
$307,464 CAD
Total Assessment
$317,643 CAD
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347 E Industrial Dr
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