facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Pennsylvania

/

Industrial

/

Sale

/

350 North Sherman Street

Updated Oct 29, 2024

Raymour & Flanigan Acquires 100,232 Sqft Industrial Property In York, PA For $16.95M
SOLDIndustrial

Raymour & Flanigan Acquires 100,232 Sqft Industrial Property In York, PA For $16.95M

350 North Sherman Street

$16,950,000

$169/SF

Building Size

100,232 SF

Asset Type

Industrial

Closing

Jul 25, 2023

About this deal

AI

A 100,232-square-foot industrial property located at 350 North Sherman Street in York, Pennsylvania, has been sold for a price of $16,950,000. The property covers an area of 5.7 acres and features 14 dock doors, providing easy access to major cities through Interstate 83.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $16,950,000
  • Address: 350 North Sherman Street, York, Pennsylvania
  • Market: York, Pennsylvania
  • Square Footage: 100,232

The buyer in this transaction is Raymour & Flanigan, represented by Seth Goldberg. The seller is Dalfen Industrial. The deal was facilitated by the brokers Cushman & Wakefield and Newmark. This acquisition by Raymour & Flanigan expands its industrial property portfolio, allowing them to further enhance their operations in York, Pennsylvania and the surrounding areas.

Players

Dalfen Industrial
Dalfen IndustrialSeller

York Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Deal FAQ

About $169 per square foot on a published $17M for 100,232 square feet (2023).

Browse York industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.94%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets