3490 Board Rd

The Property is located in Manchester Township within the (I) Industrial zoning district. The parcel totals 8.77 acres (9.42 acres gross), and the building is approximately 141,761 square feet, of which, approximately 10,634 square feet is two story office. The warehouse and manufacturing areas predominately have ceiling heights of 14’. The southern receiving area is served by 5 truck docks and has a ceiling height of 9’. The southern receiving area is approximately 14,000 SF (85’ x 165’). In total, the property is served by 10 truck docks and numerous drive-in doors. The mechanicals include multiple 3 phase electrical services: a 600-amp three phase service servicing the southern portion of the building, a 1,200-amp three phase service serving the central section, and a 1,200-amp service serving the northern portion of the building. Approximately 25,000 square feet of production area is air conditioned.

The Property is also improved with two residential homes. Both homes are currently rented and the lease term for each is month to month. The smaller home is 1,247 square feet and is currently rented for $1,200 per month, plus utilities. The larger house is 2,270 square feet and is currently rented for $1,440 per month, plus utilities. Sub-dividing each home to create independent parcels with the intention of selling the homes to owner occupants could create more overall value for the Property.

*There is a potential for the Fox Pool (liner division) to leaseback a portion of the space after Settlement*