Overview
As exclusive agent, Cushman & Wakefield’s National Industrial Advisory Group is pleased to offer a 100% fee interest in 2550 & 2540 Market Street for sale. The properties include two fully leased industrial buildings totaling 159,627 square feet in Delaware County, Pennsylvania. Ideally situated immediately off I-95, the Properties offer access to the Philadelphia MSA and Northeast and Mid-Atlantic corridor, with New York City, Baltimore, and Washington, DC all within a two-hour drive. The surrounding submarket is home to a long list of nationally recognized occupiers including FedEx, Iron Mountain, Boeing, Refresco, USPS, Safeway, and PepsiCo.
The properties are occupied by Curtiss-Wright and InfuCareRX. Curtiss-Wright anchors the investment, occupying 91% of the rentable area under a long-term lease backed by public company credit, with a term extending through April 2036. Curtiss-Wright occupies the entirety of 2550 Market Street (125,625 SF) and 19,000 square feet at 2540 Market Street. InfuCare RX occupies the remaining 15,002 square feet at 2540 Market Street through June 2032.
Investment Highlights
Ideal Location
- Immediate access to I-95, I-476 (PA Turnpike), I-295, and U.S. Routes 1 & 322
- Within the core of the Philadelphia MSA+Baltimore, NYC, and Washington within two-hours
- PhilaPort and Philadelphia Airport in 20 minutes
Compelling Long-Term Tenancy
- Curtiss-Wright occupies 144,625 SF (91% of rentable area) under through April 2036
- First tenant roll is InfuCare RX for 15,000 SF in June 2032
- Curtiss-Wright in occupancy since 1990 and InfuCare RX for over a decade
Attractive Market Fundamentals
- 6.4 MSF of leasing activity in 2025 throughout greater Philadelphia
- +-40 MSF of active tenant demand across the Philadelphia MSA
- Resilient Delaware County rents, up 75% over the past five years
- No new supply under construction in Delaware County
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