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EXECUTIVE SUMMARY
The Investment Sales team of Avison Young extends to qualified purchasers the opportunity to acquire 6124 Potters Lane in Pipersville, PA (the “property”). The offering features a 32,293 square foot industrial building situated on 37.3 acres, zoned LI- Light Industrial District, which permits a variety of industrial uses including outdoor storage.
Originally built in 1977, 6124 Potters Lane most recently housed a school bus part manufacturer and distributor. The property is equipped with four dock doors, two drive-in doors, 14’ – 18’ clear ceiling heights, and 3-phase electric. Comparable industrial properties in the market are achieving rental rates ranging from $8-10 per square foot (NNN), with CoStar projecting a 5.4% increase in industrial rents over the next 12 months.
6124 Potters Lane is strategically located in Bucks County, which is known as the best industrial market in the Philadelphia MSA. Positioned directly between Township Line Road and Swamp Road, just 0.7 miles from Route 611 (Easton Road), the property offers convenient access to Philadelphia, Allentown, New York and Delaware.
6124 Potters Lane provides investors or users the opportunity to acquire a functional industrial building in a high demand market (2.6% vacancy rate), below replacement cost. Additionally, with roughly 15% of the 37.3 acre site being utilized, the property is primed for additional income through further building expansion or industrial outdoor storage use.
Originally built in 1977, 6124 Potters Lane most recently housed a school bus part manufacturer and distributor. The property is equipped with four dock doors, two drive-in doors, 14’ – 18’ clear ceiling heights, and 3-phase electric. Comparable industrial properties in the market are achieving rental rates ranging from $8-10 per square foot (NNN), with CoStar projecting a 5.4% increase in industrial rents over the next 12 months.
6124 Potters Lane is strategically located in Bucks County, which is known as the best industrial market in the Philadelphia MSA. Positioned directly between Township Line Road and Swamp Road, just 0.7 miles from Route 611 (Easton Road), the property offers convenient access to Philadelphia, Allentown, New York and Delaware.
6124 Potters Lane provides investors or users the opportunity to acquire a functional industrial building in a high demand market (2.6% vacancy rate), below replacement cost. Additionally, with roughly 15% of the 37.3 acre site being utilized, the property is primed for additional income through further building expansion or industrial outdoor storage use.
PROPERTY FACTS
| Sale Type | Investment or Owner User | Rentable Building Area | 32,293 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Manufacturing | Year Built/Renovated | 1977/1999 |
| Building Class | B | Tenancy | Single |
| Lot Size | 24.79 AC | ||
| Zoning | I | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 24.79 AC |
| Rentable Building Area | 32,293 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1977/1999 |
| Tenancy | Single |
| Zoning | I |
PROPERTY TAXES
| Parcel Number | 34-004-014 | Improvements Assessment | $123,405 CAD |
| Land Assessment | $138,362 CAD | Total Assessment | $261,767 CAD |
PROPERTY TAXES
Parcel Number
34-004-014
Land Assessment
$138,362 CAD
Improvements Assessment
$123,405 CAD
Total Assessment
$261,767 CAD
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