14716 Pennsylvania Ave
Hagerstown, MD 21742
Industrial Property For Sale

Marcus & Millichap is pleased to present the investment opportunity located at 14716 Pennsylvania Avenue in Hagerstown, Maryland. The 20,202-square-foot, single-tenant industrial property is situated on 2.25 acres. Originally constructed in 1950, the asset underwent a comprehensive renovation in 2025, including the installation of a new TPO roof, enhancing both its functionality and long-term durability. The property is fully leased to InReach, a subsidiary of global food services leader Sodexo, providing strong tenant credibility and financial backing. The asset operates under a single net lease structure with 2.5 percent annual rent escalations and in place through December 2029, along with three renewal options. The current annual net operating income is $123,661, computing to an 8.92 percent cap rate. Under the current lease terms, the tenant is responsible for taxes and utilities, while the landlord maintains limited obligations confined to the roof, HVAC, and structure. With strong income stability, low management requirements, and the backing of Sodexo’s established credit profile, this turnkey asset offers investors a dependable and inflation-resistant income stream, making it an appealing addition to a diversified industrial portfolio.