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$130,200 NOI | 7.23% Cap | NNN | 3.00% Bumps 25 Grand Ave 62,300 SF Industrial Building Red Lion, PA 17356 $2,512,656 CAD ($40.33 CAD/SF) 7.23% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Sale Leaseback Eligible with York Guard Shack (Founded 2010) | New Rubber Roof (May 2025) and New Shingled Roof (August 2025)

EXECUTIVE SUMMARY

Marcus & Millichap is pleased to exclusively present 25-27 Grand Avenue in Red Lion, PA — a rare opportunity to acquire a high-utility, 62,300 Square Foot industrial building situated on a 1.81-acre site in the thriving South Central Pennsylvania corridor. The property is to be delivered with a Sale-Leaseback from York Guard Shack, a consistently performing business founded in 2010. The remainder of the property is perfect for an Owner/User or an Investor that can achieve upside by leasing out the remaining space while enjoying the income from York Guard Shack. Please see the following pages for specifics of the Lease and Terms.
The building had brand-new roofs installed in May and August 2025, a flat rubber roof and a pitched architectural shingle roof. The property features two well-maintained, interconnected buildings with convenient internal pass-through corridors, ensuring seamless workflow between spaces. The layout includes two loading docks and six drive-in bays, clear heights ranging from 13'-0" to 18'-4" on the ground floor, offering easy access for large-scale operations and logistics. The robust masonry, brick, and wood construction is designed to withstand the demands of industrial use, while being equipped with 3-phase heavy power to support a wide range of operations. Approximately 6% of the property is dedicated to office space, providing ample room for administrative or management functions. The industrial zoning allows for a variety of uses, further enhancing the property’s appeal to a diverse set of industries. Additionally, the property boasts over 70 parking spaces, offering more than enough room for both employees and visitors. The parking lot is zoned commercially, located on the corner of Main Street and Grand Avenue with over 0.6 Acres of striped spaces, providing flexibility for additional use or development.
Strategically located just minutes from Route 24 and Interstate 83 on Main Street in Red Lion, the property provides immediate access to key regional markets such as York, Harrisburg, Lancaster, and Baltimore. With strong demand and tightening supply across the region, this asset is positioned to benefit from the sustained migration of industrial users into secondary Pennsylvania markets. This property is suitable whether you’re an Owner-User looking for a well-located facility or an investor seeking in-place income and additional value-add in a high-demand market.

PROPERTY FACTS

Price $2,512,656 CAD
Price Per SF $40.33 CAD
Sale Type Investment or Owner User
Cap Rate 7.23%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Service
Building Class C
Lot Size 1.81 AC
Rentable Building Area 62,300 SF
No. Stories 2
Year Built 1937
Tenancy Single
Parking Ratio 1.2/1,000 SF
Clear Ceiling Height 18’4”
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 6
Cross Streets Wise Ave
Zoning I-Industrial C-Commercial - Commercial

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Ground
  • 1,624-28,481 SF
  • Industrial
  • Partial Build-Out
  • Now

Located in a prime location near I-83, this versatile property is zoned for both Industrial (I) and Commercial (C) uses, making it ideal for a range of business operations. The building features clear heights ranging from 8’-9” to 18’-4”, brand new roofs, and heavy-duty 3-phase, 1,200 amp electrical service. With ample parking and excellent accessibility, this site offers a strong foundation for industrial, commercial, or mixed-use development.

  • 1st Floor
  • 1,624-33,819 SF
  • Industrial
  • Partial Build-Out
  • Now

Located in a prime location near I-83, this versatile property is zoned for both Industrial (I) and Commercial (C) uses, making it ideal for a range of business operations. The building features clear heights ranging from 8’-9” to 18’-4”, brand new roofs, and heavy-duty 3-phase, 1,200 amp electrical service. With ample parking and excellent accessibility, this site offers a strong foundation for industrial, commercial, or mixed-use development.

Space Size Space Use Condition Available
Ground 1,624-28,481 SF Industrial Partial Build-Out Now
1st Floor 1,624-33,819 SF Industrial Partial Build-Out Now

Ground

Size
1,624-28,481 SF
Space Use
Industrial
Condition
Partial Build-Out
Available
Now

1st Floor

Size
1,624-33,819 SF
Space Use
Industrial
Condition
Partial Build-Out
Available
Now

Ground

Size 1,624-28,481 SF
Space Use Industrial
Condition Partial Build-Out
Available Now

Located in a prime location near I-83, this versatile property is zoned for both Industrial (I) and Commercial (C) uses, making it ideal for a range of business operations. The building features clear heights ranging from 8’-9” to 18’-4”, brand new roofs, and heavy-duty 3-phase, 1,200 amp electrical service. With ample parking and excellent accessibility, this site offers a strong foundation for industrial, commercial, or mixed-use development.

1st Floor

Size 1,624-33,819 SF
Space Use Industrial
Condition Partial Build-Out
Available Now

Located in a prime location near I-83, this versatile property is zoned for both Industrial (I) and Commercial (C) uses, making it ideal for a range of business operations. The building features clear heights ranging from 8’-9” to 18’-4”, brand new roofs, and heavy-duty 3-phase, 1,200 amp electrical service. With ample parking and excellent accessibility, this site offers a strong foundation for industrial, commercial, or mixed-use development.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
82-000-01-0213.00-00000
Land Assessment
$128,856 CAD
Improvements Assessment
$146,172 CAD
Total Assessment
$275,028 CAD
  • Listing ID: 36188007

  • Date on Market: 2025-06-10

  • Last Updated:

  • Address: 25 Grand Ave, Red Lion, PA 17356

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