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5500 Paxton St 41,209 SF 100% Leased Industrial Building Harrisburg, PA 17111 $5,460,875 CAD ($132.52 CAD/SF) 7.37% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 100% occupied NNN investment warehouse flex building
  • Established industrial flex corridor with consistent demand due to proximity and easy access to highway system, Norfolk Southern Intermodal Railyard &
  • Highly visible location sits on 3.3 acres and offers excellent signage to US-322 close to I-83, PA-283, I-76 PA Turnpike

EXECUTIVE SUMMARY

Rare opportunity to purchase 100% occupied NNN investment warehouse flex building in Harrisburg, PA
Multi-tenant investment property with recently executed long term leases in place with strong Tenant mix
Leases are NNN with annual rent increases and remaining options to renew
The highly visible location sits on 3.3 acres and offers excellent signage to US-322 close to I-83, PA-283, I-76 PA Turnpike
Established industrial flex corridor with consistent demand due to proximity and easy access to highway system, Norfolk Southern Intermodal Railyard & Harrisburg International Airport
Join corporate neighbors Feeser’s Food Distributors, PITT OHIO, Norfolk Southern Rutherford Intermodal Rail Yard, Amazon, Sam’s Club, Walmart Supercenter, Giant Foods, Cleveland Brothers, Fresh Express, Calderon Textiles, Prosource of Harrisburg, Stroehman, and Schaedler Yesco Distribution

PROPERTY FACTS

Price $5,460,875 CAD
Price Per SF $132.52 CAD
Sale Type Investment NNN
Cap Rate 7.37%
Property Type Industrial
Property Subtype
Warehouse
  • FlexLight Distribution
Building Class C
Lot Size 3.33 AC
Rentable Building Area 41,209 SF
No. Stories 1
Year Built 1958
Parking Ratio 0.61/1,000 SF
Clear Ceiling Height 16’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 4
Cross Streets Rupp Hill Rd
Zoning General Manufacturing

UTILITIES

  • Water - City
  • Sewer - City
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
63-015-024
Land Assessment
$328,482 CAD
Improvements Assessment
$1,155,770 CAD
Total Assessment
$1,484,252 CAD
  • Listing ID: 35874338

  • Date on Market: 2025-05-15

  • Last Updated:

  • Address: 5500 Paxton St, Harrisburg, PA 17111

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