510 Station Avenue, L.P. Renews Lease Under Representation of Roddy Inc.
Roddy Inc., the Bensalem based industrial and commercial real estate brokerage firm, represented 510 Station Avenue, L.P. in the lease renewal at 510 Station Avenue, Woodhaven Industrial Park, Bensalem, Bucks County, PA to Spirit Delivery & Distribution Services, Inc. The long-term lease calls for an annual rental of approximately $342,000 per annum net.
The 85,602 square foot one story building is located on 4 acres and is heated and sprinklered throughout and offers 17'-19'5” clear ceiling heights, extensive tailgate and drive-in loading, and air-conditioned offices.
The property is strategically located at the intersection of State Road and Station Avenue providing excellent access to I-95, Woodhaven Road, US Route 1 and the Pennsylvania Turnpike. The Street Road and Woodhaven Road exits of I-95 are approximately one (1) mile from the property.
Spirit Delivery & Distribution Services, Inc. will utilize the facility for distribution of Home Depot's household appliances to the consumer.