|Last Updated Date||11 Dec 2019|
94,675 square foot, last mile distribution facility 65% occupied by the United States Postal Service (“USPS”; Moody’s: AAA) under a license agreement expiring in January 2020.
Jones Lang LaSalle (“JLL”) has been exclusively retained to offer for sale the 100% fee-simple interest in 845 East 136th Street (the “Property”), a 94,675 square foot, last mile distribution facility 65% occupied by the United States Postal Service (“USPS”; Moody’s: AAA) under a license agreement expiring in January 2020. The Property is strategically situated in the Bronx’s Port Morris submarket, providing exceptional accessibility to New York City and the greater Tri-State region’s large distribution base of over 20 million people and immediate, toll-free access to Manhattan’s Upper East Side, the most affluent neighborhood in the United States. 845 East 136th Street also features best-in-class, last mile property specifications, including 16 loading docks (10 interior / 6 exterior), clear heights of up to 30’ on the ground floor and a layout that provides the flexibility to lease to a single tenant or multiple tenants. The Property offers prospective investors the rare opportunity to acquire a well-located, urban infill, distribution facility with market-leading, last mile property specifications in New York City.