2750 Morris Road
An industrial property in Lansdale, Pennsylvania. Securitized in 1 CMBS deal in 2021.
$74.4MAppraised value (latest deal)
89.5%Occupancy
$4.3MUnderwritten NOI
5.7%Implied cap rate
- Address
- 2750 Morris Road, Lansdale, PA 19446
- Property type
- Industrial · Warehouse
- Year built
- 1989
- Size
- 681,126 SF
- Sponsor
- Zachary Moore and Anthony Grelli, Jr.
- Loan purpose
- Refinance
- Largest tenant
- Keystone Technologies
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BANK 2021-BNK36 | 2021-10-07 | $74.4M | 89.5% | $4.3M | 5.7% | $5.6M | 57.8% | 2.72x | 424B |
More CMBS properties in Pennsylvania →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.