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Monahan Cold Storage 116-120 Monahan Ave 1,401 - 23,662 SF of Industrial Space Available in Dunmore, PA 18512



HIGHLIGHTS
- 116-120 Monohan Avenue presents 17,100 square feet of cold storage and production space with all cooling equipment less than five years old.
- Rare opportunity ideal for a food production/ distribution user to occupy a spacious cold storage unit in a high barrier-to-entry market.
- Scranton International Airport is approximately 12.5 miles south, 118 miles to New York City, and 128 miles to Philadelphia.
- Ideally located off Interstate 81, near the Interstates 81 and 84 interchange, with convenient access to other major interstates and thoroughfares.
- Features include multiple loading docks and drive-ins, ample storage space, 25’ clear height, and 1,000-amp, 3-phase heavy power.
FEATURES
ALL AVAILABLE SPACES(3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- SPACE USE
- CONDITION
- AVAILABLE
- Listed rate may not include certain utilities, building services and property expenses
- 4 Loading Docks
- Can be combined with additional space(s) for up to 6,562 SF of adjacent space
- 4 Loading Docks
- Can be combined with additional space(s) for up to 6,562 SF of adjacent space
- 4 Loading Docks
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor | 17,100 SF | Negotiable | $19.89 CAD/SF/YR $1.66 CAD/SF/MO $340,151 CAD/YR $28,346 CAD/MO | Industrial | Partial Build-Out | Now |
| 1st Floor - 118 | 5,161 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Industrial | Partial Build-Out | Now |
| 2nd Floor - 118 | 1,401 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Industrial | Partial Build-Out | Now |
1st Floor
| Size |
| 17,100 SF |
| Term |
| Negotiable |
| Rental Rate |
| $19.89 CAD/SF/YR $1.66 CAD/SF/MO $340,151 CAD/YR $28,346 CAD/MO |
| Space Use |
| Industrial |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Floor - 118
| Size |
| 5,161 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Industrial |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Floor - 118
| Size |
| 1,401 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Industrial |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size | 17,100 SF |
| Term | Negotiable |
| Rental Rate | $19.89 CAD/SF/YR |
| Space Use | Industrial |
| Condition | Partial Build-Out |
| Available | Now |
- Listed rate may not include certain utilities, building services and property expenses
- 4 Loading Docks
1st Floor - 118
| Size | 5,161 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Industrial |
| Condition | Partial Build-Out |
| Available | Now |
- Can be combined with additional space(s) for up to 6,562 SF of adjacent space
- 4 Loading Docks
2nd Floor - 118
| Size | 1,401 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Industrial |
| Condition | Partial Build-Out |
| Available | Now |
- Can be combined with additional space(s) for up to 6,562 SF of adjacent space
- 4 Loading Docks
PROPERTY OVERVIEW
The Hub Real Estate Group is pleased to present the rare opportunity to secure 17,100 square feet of cold storage and production space near Scranton, Pennsylvania. Strategically designed for food production, distribution, or any business requiring temperature-controlled environments, this facility offers a flexible and efficient layout to support a wide range of food-grade operations. Offered on a modified gross lease structure for predictable occupancy costs. Whether you're expanding your footprint or relocating into a modern, specialized facility, this property is well-suited to meet your operational needs. Centrally located near Scranton, with immediate access to all major interstates (Interstates 81, 84, 476, and 380), the site provides seamless connectivity for local and regional distribution. Pennsylvania's Interstate 81 Corridor was designed to connect key industrial centers along the East Coast, facilitating efficient freight flow and supporting regional economic growth. Today, it stands as one of the Mid-Atlantic's most important distribution hubs. The Scranton metro area has a more diversified economy, with a focus on healthcare, education, logistics, and professional services. Scranton has experienced significant growth in the distribution and logistics sectors. Major companies, including Chewy, Adidas, and Amazon, operate substantial facilities across the metro, attracted by access to more than 50 million consumers within a 200-mile radius, and operational costs are 35 to 45% lower than those in nearby metropolitan markets. Inquire today for more information or to schedule a tour.
PROPERTY FACTS
ABOUT I-81 CORRIDOR
The growth of logistics-focused development has been a shot in the arm for Scranton. The small northeastern Pennsylvania city was ideally situated to accommodate the initial growth of e-commerce, given its quick access to major interstates like 81 and 80. Within a day’s drive, truckers can reach roughly 60% of the nation’s population, as well as 40% of Canadian consumers.
Shipping fuels most of Scranton’s commercial real estate construction and generates the market’s strongest levels of demand for commercial real estate space of any kind. Major companies like FedEx, Amazon, and Isuzu occupy Scranton distribution hubs, and interest in the market could grow if interest in neighboring Lehigh Valley declines. Scranton rents are cheaper than in Allentown, and developers are encountering scarcity issues with quality land after a huge build up across Lehigh County.
The prime location attracts tenants from across the globe, and though leasing and construction lag in comparison to regional competitors, developers have been active. Developers have added more than 10 million square feet in the last decade, and during that time major brands like Pepsi, Amazon, and FedEx established distribution centers here. Acceleration of rent growth kicked off in 2015, and gains have stayed above average since.
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| The Loading Dock Bar & Grill | American | $$$ | 7 min walk |
| McDonald's | - | - | 11 min walk |
| Wendy's | - | - | 10 min walk |
| Loading Dock Bar & Grill | Grill | $$$ | 10 min walk |
| Starbucks | Cafe | $ | 14 min walk |
| New China Star | Chinese | $$ | 15 min walk |
| Manning Farm Dairy | Ice Cream | $ | 15 min walk |
| Burger King | - | - | 16 min walk |
| Dunkin' | Cafe | - | 15 min walk |
| Sushi & Thai | Sushi | $$ | 15 min walk |
RETAIL |
||
|---|---|---|
| Big Lots | Discount Store | 6 min walk |
| NBT Bank | Bank | 12 min walk |
| Wells Fargo | Bank | 13 min walk |
| Price Chopper | Supermarket | 14 min walk |
| Sheetz | Convenience Market | 14 min walk |
| Ymca | Fitness | 16 min walk |
HOTELS |
|
|---|---|
| Sleep Inn |
78 rooms
2 min drive
|
| Rodeway Inn |
32 rooms
3 min drive
|
| Baymont |
75 rooms
3 min drive
|
| Microtel Inn & Suites by Wyndham |
62 rooms
7 min drive
|
| Holiday Inn |
116 rooms
8 min drive
|
| Residence Inn |
78 rooms
9 min drive
|
| Fairfield Inn |
81 rooms
9 min drive
|
| Home2 Suites by Hilton |
70 rooms
10 min drive
|
| Radisson by Choice |
146 rooms
10 min drive
|
| Hilton |
193 rooms
11 min drive
|
LEASING AGENT
LEASING AGENT
Pat Rogan, Broker
Presented by
Monahan Cold Storage | 116-120 Monahan Ave
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