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Property Summary Report

60 Walnut St - Sucram
Marcus Hook, PA 19061 - Delaware County Ind Submarket

BUILDING
Type: Class C Industrial
Subtype: Manufacturing
Tenancy: Multiple
Year Built: 1925; Renov 1960
RBA: 150,000 SF
Floors: 1
Typical Floor: 150,000 SF
Ceiling Ht: 15'
Columns: 25'w x 60'd
Construction: Masonry

LAND
Land Area: 21.50 AC
Zoning: Industrial
Parcel 24-00-00637-01

EXPENSES PER SF
Taxes: $0.47 (2020)

LOADING
Docks: 9 ext Drive Ins: 4 tot.
Cross Docks: None Rail Spots: None

POWER & UTILITIES


Power: 440v 3p
Utilities: Gas - Natural, Heating - Gas, Sewer - City, Water - City

FEATURES
Front Loading, Yard

LEASING
Available Spaces: 27,000 SF Available in 1 Space
Availability: 18.0% Available; 18.0% Vacant

AVAILABLE SPACES
Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

P 1st Industrial Direct 27,000 27,000 27,000 $2.95/+UTIL Vacant Negotiable

6/22/2020
Copyrighted report licensed to Beacon Commercial Real Estate - 752729. Page 1
Property Summary Report

60 Walnut St - Sucram
Marcus Hook, PA 19061 - Delaware County Ind Submarket

TRANSPORTATION
Parking: Surface Spaces @ $0.00/mo; Ratio of 1.17/1,000 SF
Transit/Subway: 15 minute walk to Marcus Hook Transit Stop (R2)
Airport: 20 minute drive to Philadelphia International Airport

KEY TENANTS
Orlandini Tile Supplies, Inc. 23,000 SF

MARKET CONDITIONS
Vacancy Rates Current YOY Asking Rents Per SF Current YOY

Current Building 18.0% 7.3% Current Building $2.95 18.0%


Submarket 1-3 Star 4.6% 0.4% Submarket 1-3 Star $7.69 3.9%
Market Overall 5.1% -0.2% Market Overall $7.24 4.1%

Submarket Leasing Activity Current YOY Submarket Sales Activity Current YOY

12 Mo. Leased SF 788,544 29.4% 12 Mo. Sales Volume (Mil.) $52.0 -40.2%
Months On Market 9.5 4.5 mo 12 Mo. Price Per SF $73 5.7%

6/22/2020
Copyrighted report licensed to Beacon Commercial Real Estate - 752729. Page 2

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