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Distribution For Lease • 705,000 SF
| Name | Space Use | Size | Rent | Details |
|---|---|---|---|---|
| 1st Floor Ste | Industrial | 705,000 SF | Rate Upon Request | |
Reduced Taxes/Highly competitive lease rate in a Class A building
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This class A, cross-dock warehouse constructed in 2016 is located at the entrance of Gateway Business Park, just .5 miles from I-295 (Exit 7). The building offers tremendous value from a long term PILOT agreement in place through 2036. Under the PILOT, real estate taxes are fixed at just $.49/SF for the next four years, and will increase to just $.58 from 2029-2032. The benefit provides real estate tax certainty and an operating cost savings of approximately $1.00/SF annually. 2 Gateway Boulevard is an efficient 470’ deep cross-dock facility featuring 36’ clear height, ESFR sprinkler system, and LED lighting. The warehouse is currently equipped with 99 loading docks and four drive-in doors. There are 78 potential future loading dock locations currently utilized as trailer parking. These 78 trailer spaces and 116 additional trailer spaces opposite the loading docks provide a current trailer count of 194 spaces, plus approval for 50 additional. Auto parking is also abundant, with 166 existing spaces and approval for 80 additional.
| Real Estate Taxes just $.49/SF Under PILOT |
| 470’ deep cross-dock |
| 54’W x 50’D bays (54’x60’ in loading bays) |
| 99 dock doors (expandable to 177) |
| 194 trailer spaces (expandable to 244) |
| 166 auto spaces (expandable to 246) |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Philadelphia International | 32 min | - | 20.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 300 |
| Type: | Surface |
| Included in Rent: | Yes |
Hilary Budny
Matrix Development Group
