About 151 Pine St
Value-Add Cold & Dry Storage Investment Opportunity
101 E Pine Street presents a rare opportunity to acquire a multi-tenant industrial property featuring cold storage, dry warehouse space, office areas, and multiple income-producing units in Delaware County's tightly held industrial market.
The approximately 13,098-square-foot facility is configured to accommodate a variety of industrial, storage, distribution, and food-related uses. The property includes refrigerated storage areas, warehouse space, loading access, roll-up doors, office components, and ample operational flexibility for both investors and owner-users.
The asset currently generates approximately $212,832 in annual in-place rental income from occupied tenants, including a strong NNN tenant occupying the primary warehouse space. Additional upside exists through the lease-up of currently vacant space and the conversion of owner-occupied space to income-producing tenancy, bringing projected stabilized gross income to approximately $247,632 annually.
Property Highlights:
• ±13,098 SF industrial/storage facility
• Cold storage and dry warehouse capabilities
• Multi-tenant income-producing asset
• Existing NNN tenancy in place
• Multiple loading and access points
• Office and support space
• Value-add leasing opportunity
• Current NOI: Approximately $179,104
• Pro Forma NOI: Approximately $213,904
• Strategic Delaware County location with convenient access to Philadelphia, I-95, and regional transportation networks
Whether acquired as a cash-flowing investment or a future owner-user opportunity, 101 E Pine Street offers stable income, operational flexibility, and meaningful upside through lease-up and active management.
