The 150,000-square-foot triple net leased property is located at 201 Waverly Boulevard in Coatesville, Pennsylvania. The distribution center is approximately 45 miles West of Philadelphia.
The net lease property is 100% occupied by Keystone Foods. Keystone Foods is a global manufacturer and supplier of protein products and a custom food-service distributor. More Information on the net leased property is that it is on 20.4 acres, includes 30-foot clearance, and 35 docks. The Building also has office space, dry storage, freezer storage, cooler, cold docks and maintenance facilities.
At one point in time this Net Lease Property was being marketed as a 8.04% Cap rate.
This property, which has expansion capabilities, distributes products to more than 400 McDonald's locations throughout Pennsylvania, New Jersey and Delaware.
Coatesville represents an attractive point of distribution due to its proximity to I-76 (Pennsylvania Turnpike) and Route 30.