Wednesday, May 17, 2006

TIC Investment Opportunity: Keystone Commerce - 410 Keystone Drive Warrendale, PA 15086

Keystone Commerce RESERVED OUT! (Accepting backup positions only)

Property Information:
  • Property Name: Keystone Commerce
  • Rentable SqFt: ± 179,394.00
  • Purchase Price: $13,775,000.00
  • Price per SqFt: $76.79/sqft
  • Equity: $6,495,000.00
  • Loan Amount: $7,280,000.00
  • Loan-to-Value: 52.85%
  • Percent Occupied: 100.00%
  • Type: Single-story, industrial building
  • Minimum Purchase: $200,000.00

Property Description:
Keystone Commerce is a multi-tenant facility located in Warrendale, Pennsylvania. Part of the Pittsburgh Metropolitan Statistical Area (MSA), Warrendale is ideally positioned in rapidly growing area in a strong, stable distribution market. The Property is a first-class industrial building located within a 925 acre industrial park setting, which provides tenants access to Interstates 76 and 79 in addition to a number of other highways throughout the area.

Top Tenants by Total Rent:
Keystone Commerce is currently 100% occupied with four tenants. The leaseholders include Cardinal Health, Derse Exhibits, Manuli Hydraulics, and Diamond Baseball.

Please contact me for a full marketing brochure and further information regarding this investment.

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