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Opes Capital Acquires 11.94-Acre Industrial Property In York From Stewart Properties For $13.2M

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SOLD
$13,200,000

Pennsylvania

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Industrial204,800 SF
Sold 12/26/2025
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SOLD

Opes Capital Acquires 11.94-Acre Industrial Property In York From Stewart Properties For $13.2M

1128 Roosevelt Avenue

See Similar Deals
Industrial204,800 SF
Sold 12/26/2025
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Summary

PENNSYLVANIA
Asset Type:Industrial
Price Per Square Foot:$64
Total Square Footage:204,800 SF
Transaction Type:Sale

The transaction involved the sale of an industrial asset located at 1128 Roosevelt Avenue in York, PA. The property spans 11.94 acres and comprises a total area of 204,800 square feet. It was sold for an amount of $13,200,000, resulting in a price per square foot of $64. The property is fully leased to multiple tenants, including Print-O-Stat, USplast, and MatterHackers.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $13,200,000
  • Address: 1128 Roosevelt Avenue
  • Market: York, PA
  • Acres: 11.94
  • Square Footage: 204,800
  • Price Per Square Foot: $64
  • Buyer: Opes Capital
  • Seller: Stewart Properties, LLC
  • Brokers: Michael Curran & Jason Grace - Landmark Commercial Realty

Michael Curran and Jason Grace of Landmark Commercial Realty represented both the buyer, Opes Capital, and the seller, Stewart Properties, LLC, in this off-market transaction. The seller was an affiliate of Stewart Properties, and the deal highlights the collaboration between the brokerage and the involved parties.

Players

Michael (Mike) Curran
3 deals$13.2M volume(717) 731-1990
BROKER

Jason Grace
Landmark Commercial Realty
5 deals$29.6M volume(717) 731-1990
BROKER

Jason Grace
Landmark Commercial Realty
5 deals$29.6M volume(717) 731-1990
BROKER

Details

SOLD
IMAGE: 12/26/2025 ADDRESS: 1128 Roosevelt Avenue MARKET: York, PA ASSET TYPE: Industrial ~ ACRES: 11.94 BUYER: Opes Capital SELLER: Stewart Properties, LLC BROKERS: Michael Curran & Jason Grace - Landmark Commercial Realty SALE PRICE: $13,200,000 SF: 204,800 ~ PPSF: $64 NOTE: Landmark Commercial Realty brokered a $13.2 million off-market sale of a 204,800-square-foot, fully leased multi-tenant industrial property at 1128 Roosevelt Ave. in York, with Michael Curran and Jason Grace representing both sides.Seller 1128 Roosevelt Ave. LLC, an affiliate of Stewart Properties, sold the 11.94-acre asset to Camp Hill–based Opes Capital, with tenants including Print-O-Stat, USplast, and MatterHackers.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$703,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$46,896.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$62,574.73
Annual Debt Service$750,896.81