Single-Tenant Industrial

Emmitsburg Glass Company

Listing Price: $4,650,000

Cap Rate
7.25%
Gross SF
53,000
Price/Gross SF
$87.74
Lot Size
7.12 acres
Year Built
2006
Rentable SF
53,000

Investment Overview

Marcus and Millichap is pleased to exclusively represent the ownership of 100 Creamery Ct, a 53,000 square foot single-story specialty manufacturing industrial building in Emmitsburg, Maryland (the “Property”). The Property is corporately owned by the tenant, Emmitsburg Glass Company Inc, a leader in the engineering, fabrication, and installation of high-quality glass and glazing products. The company specializes in projects ranging from large scale developments to high security blast and bullet-proofing systems. The tenant has owned and occupied the property since 2006 and has committed to signing a new ten-year absolute-net lease upon closing demonstrating their confidence in, and long-term commitment, to the site. Emmitsburg Glass Company is a fully differentiated, technology based, full-service glass and glazing company serving the Mid-Atlantic region of the United States. Owner/Operators have over 32+ years in the space and a proven track record. The Property is ideally suited for the tenant’s manufacturing engineering operation. The tenant is responsible for the engineering, fabrication, and installation of glass solutions for high profile construction projects as Maryland Live! Casino, Comcast Arena, Harbor East, Fort Detrick, and the Department of Defense’s National Business Park. The Property is an exceptionally clean flex-warehouse precast building built in 2006. The building provides 24ft Clear heights. In 2013 1,057 solar panels were installed that make the building more than 100 percent energy self-sufficient. The property sits alongside of US 15, with easy access to I-70 & I-270 Interchange . The location caters to specialized tenants as an alternate to the I-81 rapidly expanding corridor. The Property features 53,000 square feet of warehouse and 13,000 square feet of office space. In addition, the property enjoys an efficient operational layout which makes it appealing not only to the current tenant, but also to a wide range of industrial uses.

Investment Highlights

  • Under Replacement Cost Banner 35-Year Company 10 Year Leaseback
  • Located on Route 15, Extremely Visible, Multi Directional Access, Excellent alternative to congested I-81
  • Stable Affluent Community of Emmitsburg, Immediate Workforce, 20 Minutes from Frederick

Exclusively Listed By

Single-Tenant Industrial

Emmitsburg Glass Company

Listing Price: $4,650,000

Cap Rate
7.25%
Gross SF
53,000
Price/Gross SF
$87.74
Lot Size
7.12 acres
Year Built
2006
Rentable SF
53,000

Investment Highlights

  • Under Replacement Cost Banner 35-Year Company 10 Year Leaseback
  • Located on Route 15, Extremely Visible, Multi Directional Access, Excellent alternative to congested I-81
  • Stable Affluent Community of Emmitsburg, Immediate Workforce, 20 Minutes from Frederick

Investment Overview

Marcus and Millichap is pleased to exclusively represent the ownership of 100 Creamery Ct, a 53,000 square foot single-story specialty manufacturing industrial building in Emmitsburg, Maryland (the “Property”). The Property is corporately owned by the tenant, Emmitsburg Glass Company Inc, a leader in the engineering, fabrication, and installation of high-quality glass and glazing products. The company specializes in projects ranging from large scale developments to high security blast and bullet-proofing systems. The tenant has owned and occupied the property since 2006 and has committed to signing a new ten-year absolute-net lease upon closing demonstrating their confidence in, and long-term commitment, to the site. Emmitsburg Glass Company is a fully differentiated, technology based, full-service glass and glazing company serving the Mid-Atlantic region of the United States. Owner/Operators have over 32+ years in the space and a proven track record. The Property is ideally suited for the tenant’s manufacturing engineering operation. The tenant is responsible for the engineering, fabrication, and installation of glass solutions for high profile construction projects as Maryland Live! Casino, Comcast Arena, Harbor East, Fort Detrick, and the Department of Defense’s National Business Park. The Property is an exceptionally clean flex-warehouse precast building built in 2006. The building provides 24ft Clear heights. In 2013 1,057 solar panels were installed that make the building more than 100 percent energy self-sufficient. The property sits alongside of US 15, with easy access to I-70 & I-270 Interchange . The location caters to specialized tenants as an alternate to the I-81 rapidly expanding corridor. The Property features 53,000 square feet of warehouse and 13,000 square feet of office space. In addition, the property enjoys an efficient operational layout which makes it appealing not only to the current tenant, but also to a wide range of industrial uses.

Exclusively Listed By

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