Single-Tenant Industrial
White Cap | Net Leased Industrial | Rare Annual Increases
1685 River Rd, New Castle, DE 19720
Listing Price: $10,385,000
Investment Overview
- Industrial Property in Excellent Condition - - Location Serves as the Main Hub for White Cap Serving the Markets of Philadelphia and Baltimore - Large Lot with Over 15 Acres - Multiple Buildings with Drive-In Doors and Loading Docks 20’ Ceiling Clear Heights - Tenant has been Operating Successfully at this Location for Over 24 Years - Strong Corporate Guarantee - - NNN Industrial Property with Minimal Landlord Responsibilities, Which is Ideal for an Investor not Local to the Market - White Cap is a Nationally Recognized Brand with Revenue in Excess of $4 Billion - White Cap has Over 450 Locations in the USA and Canada - White Cap is the Leading North American Distributor of a Diverse Mix of Concrete Accessories and Specialty Construction and Safety Products - Pride of Ownership Property in New Castle, DE - - Dense, Infill Area with Over 97,000 Residents within 5 Miles of the Subject Property - Affluent Area with an Average Household Income Exceeding $117,000 within 2 Miles - Located in a Industrial Area with a Brand New 1,350,000 SF Amazon Fulfillment Center Just Built North of the Subject Property
Investment Highlights
- New 7-Year Lease Extension
- Large 92,000+ SF GLA
- Rare Annual Increases
Exclusively Listed By
Broker of Record
Financing By
Single-Tenant Industrial
White Cap | Net Leased Industrial | Rare Annual Increases
Listing Price: $10,385,000
Investment Highlights
- New 7-Year Lease Extension
- Large 92,000+ SF GLA
- Rare Annual Increases
Investment Overview
- Industrial Property in Excellent Condition - - Location Serves as the Main Hub for White Cap Serving the Markets of Philadelphia and Baltimore - Large Lot with Over 15 Acres - Multiple Buildings with Drive-In Doors and Loading Docks 20’ Ceiling Clear Heights - Tenant has been Operating Successfully at this Location for Over 24 Years - Strong Corporate Guarantee - - NNN Industrial Property with Minimal Landlord Responsibilities, Which is Ideal for an Investor not Local to the Market - White Cap is a Nationally Recognized Brand with Revenue in Excess of $4 Billion - White Cap has Over 450 Locations in the USA and Canada - White Cap is the Leading North American Distributor of a Diverse Mix of Concrete Accessories and Specialty Construction and Safety Products - Pride of Ownership Property in New Castle, DE - - Dense, Infill Area with Over 97,000 Residents within 5 Miles of the Subject Property - Affluent Area with an Average Household Income Exceeding $117,000 within 2 Miles - Located in a Industrial Area with a Brand New 1,350,000 SF Amazon Fulfillment Center Just Built North of the Subject Property
Exclusively Listed By
Broker of Record
Financing By

