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20 N Front StBally, PA 19503
20 N Front Street
Asset ClassIndustrial
285,000 SF Multi-Tenant Industrial Asset
overview of deal

Overview

The Flynn Company is pleased to offer the Bally Industrial Park for sale of behalf of 20 N Front Street LLC. The approximately 285,000 SF multi-tenant industrial asset is comprised of the 13.05 acre lot known as 20 N Front Street (AP#25630903046963) and the 1.07 acre lot known as 25 N Third Street (AP#25630909151119). The property offers a diverse range of tenants that create stability in income but with flexibility in short term under market leases which offers a tremendous value-add opportunity.

 

The Bally Industrial Park is located on Route 100 in the Berks County submarket. It is closely bordered by the Montgomery County and Lehigh Valley markets. The fundamentals of this opportunity include being able to pull from several different markets by positioning the asset as the most cost-effective option within a close proximity to many users. Furthermore, as we will outline throughout this offering memorandum, this asset has the potential to unlock features that no other asset in the tri county area can match.

 

Vacancy rates remain historically low throughout the greater Philadelphia and Lehigh Valley markets, particularly in the smaller suite sizes and within the “B” and “C” asset classes. This property is able to offer small outside storage suites, small office suites, small industrial suites, medium industrial suites, large industrial suites as well as suites with outside storage. Flexibility is key in any market. When properly positioned, this asset can meet almost any tenant need and undercut the competitors in rent all while producing extremely favorable returns to the owners due to an attractive acquisition basis.

 

The offering process will include property tours, initial offering submissions, buyer interviews and a call for offers. We are extremely proud to offer our perspective on how this asset can be positioned to offer the most favorable returns and welcome inquiries throughout the process.

 

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Investment Highlights

  • 285,000 SF
  • 14.12 Acres Total
  • 14 Loading Docks & 14 Drive-Ins
  • Met-Ed Energy Up to 3,000 Amps Available
  • Entire Complex is Wet System
  • 16'-22' Clear Height
  • UGI Natural Gas Submeter-ed
  • I-1 Industrial Zonign Bally Borough
  • Varying Ages Work Scheduled
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20 N Front StBally, PA 19503

Sales Team

Kevin Flynn Jr. (215) 561-just 6565 x121 kflynnjr@flynnco.com
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Listing provided by Revere CRE