2670 Pyramus Road Chester, WV · CORPORATE INDUSTRIAL SALE / LEASEBACK 2670 Pyramus Road CHESTER,...

COLLIERS INTERNATIONAL | PITTSBURGH 2670 Pyramus Road | OFFERING MEMORANDUM

2670 Pyramus RoadChester, WVOffering MemorandumFor Sale | Corporate Industrial / Leaseback

PRESENTED BY:Gregg BroujosManaging Director & FoundingPrincipal | Pittsburgh PHONE +1 412 321 4200 EXT. 206 EMAIL [email protected]

Anthony PantoniVice President | PittsburghIndustrial BrokeragePHONE +1 412 321 4200 EXT. 211 EMAIL [email protected]


Table of Contents

> INVESTMENT SUMMARYProperty BrochureLease Structure Lessee Information

> PROPERTY INFORMATIONProperty DescriptionProperty AerialProperty Radius and Drive Time AerialMarcellus / Utica Shale Gas Play AreaProperty PhotosDemographics


> Investment Summary

2670 Pyramus RoadChester, WVOffering MemorandumFor Sale | Corporate Industrial Sale / Leaseback

CORPORATE INDUSTRIAL SALE / LEASEBACK

2670 Pyramus RoadCHESTER, WV 70,254 SF BUILDING ON 56 +/- ACRES

Building Amenities> Corporate owner will consider a short, medium, or long term sale / leaseback with buyer at settlement> Remainder of acreage could be developed into industrial / business park > Detached USPS mailing unit located on site> Sprinklered manufacturing and office building, air conditioned throughout> 70,254 SF Building • Manufacturing space = 59,054 SF • Office space = 11,200 SF > Nearest ports • Port of Ambridge • Wellsville> Large paved parking areas> Includes residential home that is on site> No Zoning> Located in the heart of Utica and Marcellus Shale activity; just off of Route 30 near East Liverpool, OH

COLLIERS INTERNATIONAL | PITTSBURGH Two Gateway Center603 Stanwix Street, Suite 125Pittsburgh, PA 15222www.colliers.com/pittsburgh

GREGG BROUJOSMANAGING DIRECTOR & FOUNDINGPRINCIPAL | PITTSBURGH412 321 4200 | EXT. 206PITTSBURGH, PA [email protected]

ANTHONY PANTONIVICE PRESIDENT | PITTSBURGHINDUSTRIAL BROKERAGE412 321 4200 | EXT. 211PITTSBURGH, PA [email protected]

NCS Site

$2,500,000

COLLIERS INTERNATIONAL | PITTSBURGHTwo Gateway Center603 Stanwix Street, Suite 125Pittsburgh, PA 15222www.colliers.com/pittsburgh

Contact Us

GREGG BROUJOSMANAGING DIRECTOR & FOUNDINGPRINCIPAL | PITTSBURGH

412 321 4200 | EXT. 206

PITTSBURGH, PA 15222

[email protected]

ANTHONY PANTONI

VICE PRESIDENT | PITTSBURGH

INDUSTRIAL BROKERAGE

412 321 4200 | EXT. 211

PITTSBURGH, PA 15222

[email protected]

The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.

Pittsburgh InternationalAirport

Proposed Shell Ethane Cracker Plant

Pittsburgh’sCBD

SITE

> 36 miles to Downtown Pittsburgh

> 38 miles to Washington, PA

> 112 miles to Cleveland, OH

> 164 miles to Columbus, OH> Easy access to I-376

> 14 miles from Royal Dutch Shell’s proposed Ethane Cracker Plant


INVESTMENT SUMMARY

COLLIERS INTERNATIONAL | PITTSBURGH

INVESTMENT SUMMARY

> TENANTNational Church Solutions

> PREMISES2670 Pyramus RoadChester, WV

> SQUARE FOOTAGE Total 70,254 SF

Office | 11,200 SF Manufacturing Space | 59,054 SF

> COMMENCEMENT DATE The commencement date of the lease will be the closing date of the sale.

> LEASE TERM Ten (10) years (120 months).

> BASE RENT Office $8.00 per square foot; triple net.

Manufacturing $4.50 per square foot; triple net.

> BASE RENT ESCALATIONS The Base Rent will increase two (2%) percent per annum.

> REAL ESTATE TAXES AND OPERATING EXPENSES

Tenant shall pay proportionate share of the Premise’s operating expenses and real estate taxes.

> CAPITAL IMPROVEMENTS Tenant shall be responsible for repair and maintenance of all improvements including structure, HVAC, roof and parking lot. Land-lord shall be responsible for replacement of improvements and mechanical systems.

> TI ALLOWANCE $500,000

As Lessee of the property, NCS will consider a lease pursuant to the following terms: *

* Subject to final corporate approval.

POTENTIAL LEASE STRUCTURENational Church Solutions


INVESTMENT SUMMARY

Lessee InformationNational Church SolutionsNational Church Solutions (NCS) traditions started nearly a century ago in 1915 when Cyril Taylor founded his company and put the simple principle of

providing churches with the best products and services. Now, as they enter the new century, NCS continues those traditions as they make

tomorrow’s visions come alive today.

NCS has been serving churches for over 100 years offering an array of products and services to meet the needs of religious organizations both nationally

and internationally.

As the industry and technology is ever changing, NCS remains committed to maintaining a level of customer service that is second to none, and is

committed to providing integrated technology products and solutions for Religious Ministries & Non-Profit Organizations to maximize stewardship

excellence, enable member communications, and empower ministry growth.


> Property Information

2670 Pyramus RoadChester, WVOffering MemorandumFor Sale | Corporate Industrial Sale / Leaseback


PROPERTY INFORMATION

Property Description2670 Pyramus Road benefits from its location in proximity to numerous different industries. While the Oil and Gas Industry is facing it challenges at the present time, the industry has a strong foothold in the surrounding area. Royal Dutch Shell has done significant preparatory work on the site for their proposed World Scale ethane Cracker which is just 14 miles away. Driving from site to site is done without the necessity to cross a bridge and only experiencing two traffic lights. If the proposed facility is built, we forecast that there will be strong demand for Industrial buildings in close prox-imity. At the present time, there is a shortage of such buildings. Structures now in existence will probably not be suitable for the majority of incoming industries, these companies will be looking for pad ready sites to build on.

Industrial

Pyramus Road connects to Route 30 which is a two lane road that runs East / West. A short drive to the west is East Liverpool Ohio, its suburb Calcutta provides shopping, restaurants and other retail amenities. Route 30 connects to Route 2, which begins in Chester and heads south along the Ohio River, it terminates in Parkersburg WV. Traveling on Route 2, it is a short drive to Mountaineer Gaming Resort. Continuing on route 2, it is 28 minute drive to Weirton WV. Route 22, which runs East / West can be accessed here. It is another 27 miles to Wheeling WV, and Interstate I-70.

Heading on Route 30 East, it is a 31 minute drive to the Pittsburgh International Airport. Robinson Town Center, a major retail area is only another 8 minutes away. Robinson Town Center is 13 miles away from downtown Pittsburgh.



Property Aerial

Your Baby Can Read, Inc.

Proposed Shell EthaneCracker Plant



Property Radius & Drive Time Aerial


Shell Ethane Cracker Plant



Marcellus / Utica Shale Gas Play Area


Site Location



Property Photographs



Demographics

2670 Pyramus Road Chester, WV · CORPORATE INDUSTRIAL SALE / LEASEBACK 2670 Pyramus Road CHESTER,...

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