1300 E. Mermaid Lane, Wyndmoor, PA 19038
1300 E. Mermaid Lane, Wyndmoor, PA 19038

47,600 Square Feet on 2.66 Acres for sale

 

1300 E. Mermaid Lane, Wyndmoor, PA 19038

 

Building
Description

A one and part two story industrial warehouse/manufacturing facility

Offices

Approximately 9,400 sf of air-conditioned offices in three locations

Truck Loading

Tailgate and drive-in doors in three locations

Ceiling Height

18’ to 12’ clear

Roof

Rubber membrane roofing system on most of the building, approximately 12 years old

Power

Three 250 KVA transformers converting 13,200 HV to 240/480 for power and 120/208 V for lighting

Heating

Ceiling suspended gas fire blower units

Column Spacing

- Warehouse area – 25’ x 50’
- Manufacturing area – 35’ x 20’
- Assembly area – 20’ x 25’

Sprinkler

Fully sprinklered with recently installed fire pump

Rental Income

Autopart International, Inc.
11,349 sf
$105,000/yr Base Rent through 6/30/2021. Landlord, prior to 6/30/2020 has the right to terminate and recapture space on 7/1/2021. Options to renew.

Sterling Embossing, Inc.
21,383 sf
$112,260/yr Base Rent. Five (5) year term with 3% escalations per year. Landlord, at any time, has the right to terminate and recapture upon 120-days with prior written notice.

Zoning

Majority of the site is zoned I-Industrial District while the entire frontage along Mermaid Lane is zoned C-Residence District to a depth of 150’

Taxes

$28,783 (2019)


Location

  • Strategically located just outside the City of Philadelphia with excellent accessibility to Route 309,
    PA Turnpike, Cheltenham Avenue, and less than 20 minutes from Center City, SEPTA access
    is available via the Chestnut Hill East/West, Lansdale/Doylestown Line and Buses 18, L and 22

 

 

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For more information, please contact: 

Frank J. Cullen

Senior Vice President
This email address is being protected from spambots. You need JavaScript enabled to view it.
(215) 701-3272

996 Old Eagle School Road
Suite 1117
Wayne, PA 19087

(610) 989-0300  Tel
(610) 989-0234  Fax

 

30 South 17th Street
Suite 210
Philadelphia, PA 19103

(215) 568-7222  Tel
(215) 568-5043  Fax

 

805 Lyndsey Way
Colleyville, TX  76034

(817) 786-3585  Tel

 

200 Abington Executive Park
Suite 202
Clarks Summit, PA 18411

(570) 468-8810

 

NAI Geis Realty Group, Inc.