Ryder Truck Investment Property
851 Byers Road
Somerset, PA 15501
County: Somerset
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| Availability |
For Sale |
| Use Type |
Investment
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| Property Type |
Industrial
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| Building Size |
12,000 SF |
| Price |
$800,000 |
| Cap Rate |
9%
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| Status |
Active |
PROPERTY HIGHLIGHTS
- 12,000 SF industrial building
- 6.4 acre site
- 5 year lease corporately signed by Ryder Truck
- Tenant is a 5 billion dollar company
- Dominant truck lease company in trade area
- Industrial Park Location
- Easy access to PA Turnpike
- Seller to install new roofing system
- Doubt Net lease
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Property Description:
The property includes a 12,000 SF steel building used as a Truck Service Center and a fully developed 6.4 acre site used for truck fleet operations. It is (double) Net Leased to Ryder Truck Rentals, Inc. a subsidiary of Ryder Systems, Inc., with over $6.2 Billion in annual sales.
Location Description:
The property is located on Byers Road in Somerset just off Route 601. It sits approximately 1.25 miles from the PA Turnpike (I-70/76) and 2 miles from US Route 219.
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