No photo available
The opportunity is to acquire a "Currently Vacant" Pharmaceuticals plant in a very nice suburb of Lynchburg, Virgnia. This is approximately 430,000 SF plant and it is in absolutely impeccable condition. The owner is not interested in holding this value-add investment and likes to sell.
The seller is open to offers in the mid $20M range. The tax assessment on it is 38M, I believe.
This is an incredible opportunity for a pharma company that is trying to onshore production. As you know, this remains a huge priority. It can also be used by other large manufacturing/production firms.
Production, quality control labs, packaging, distribution and office
space all under one roof
• Fully-equipped DEA vaults and cages
Excellent area with many potential state incentives. 75% of US population lives within 22 hours drive time of this facility.
If one were to build this today it would take 3 years of entitlement and construction to get this.....not to mention an enormous price tag.
The Warehouse portion is set up with racking that they were leaving and the floors are rated for robotics - they ran a robotic picking system and they had like 16,000 skus.
Sign up for a free membership. Get instant access to thousands of listings. Learn about our membership plans.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.