151 Pine St, Darby, PA 19023

Property Description

Value-Add Cold & Dry Storage Investment Opportunity 101 E Pine Street presents a rare opportunity to acquire a multi-tenant industrial property featuring cold storage, dry warehouse space, office areas, and multiple income-producing units in Delaware County's tightly held industrial market. The approximately 13,098-square-foot facility is configured to accommodate a variety of industrial, storage, distribution, and food-related uses. The property includes refrigerated storage areas, warehouse space, loading access, roll-up doors, office components, and ample operational flexibility for both investors and owner-users. The asset currently generates approximately $212,832 in annual in-place rental income from occupied tenants, including a strong NNN tenant occupying the primary warehouse space. Additional upside exists through the lease-up of currently vacant space and the conversion of owner-occupied space to income-producing tenancy, bringing projected stabilized gross income to approximately $247,632 annually. Property Highlights: • ±13,098 SF industrial/storage facility • Cold storage and dry warehouse capabilities • Multi-tenant income-producing asset • Existing NNN tenancy in place • Multiple loading and access points • Office and support space • Value-add leasing opportunity • Current NOI: Approximately $179,104 • Pro Forma NOI: Approximately $213,904 • Strategic Delaware County location with convenient access to Philadelphia, I-95, and regional transportation networks Whether acquired as a cash-flowing investment or a future owner-user opportunity, 101 E Pine Street offers stable income, operational flexibility, and meaningful upside through lease-up and active management.