Updated Dec 21, 2023
Industrial Property In Lititz, PA Sold For $2.8M By Daniel Berger, Jr. & Avison Young
30 Wright Ave, Lititz, PA 17543, USA
$2,800,000
$77/SF
Building Size
36,080 SF
Asset Type
Industrial
Closing
Apr 14, 2021
About this deal
AI
An industrial property located at 30 Wright Avenue in Lititz, PA has been sold for $2,800,000. The property spans 36,080 square feet and sits on 3.76 acres. The sale price per square foot is $78, while the price per acre is $744,681.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,800,000
- Square Footage: 36,080
- Price per Square Foot: $78
- Acres: 3.76
- Price per Acre: $744,681
The buyer's representative for this transaction was Scott Williams from Avison Young, while the seller's representatives were Daniel Berger and Daniel Berger, Jr. from U.S. Commercial Realty Inc.
On the Map
$2,800,000
$77/SF
Industrial
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Players
Lititz Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93