Multi-Tenant Industrial 8.14% Cap Rate 34 N 16th St 32,731 SF 100% Leased Industrial Building Lebanon, PA 17042 $1,725,000 ($52.70/SF) 8.03% Cap Rate

This fully leased, multi-tenant industrial property offers investors an outstanding opportunity at 34 N 16th Street in Lebanon, Pennsylvania. Encompassing 32,731 square feet of functional warehouse space, the building is supported by robust site improvements on 3.60 acres and maintains stable income through 100% occupancy. With a cap rate of approximately 8%, the asset delivers consistent cash flow and income diversity, providing a secure foundation for long-term ownership.
Positioned within Lebanon’s established industrial corridor, the property benefits from its central Pennsylvania location, a region known for its strong supply chain infrastructure and connectivity to major markets, including Harrisburg, Allentown, and Reading. Accessibility to key highways ensures efficient distribution across the mid-Atlantic. The property features two dock-high doors and five drive-in bay doors, accommodating a variety of tenant operations from logistics to light manufacturing. Core utilities, including natural gas and city water/sewer services, further enhance operational reliability.
Offered at a competitive price point with a low cost per square foot, this investment combines stability, income granularity, and enduring tenant demand in an industrial sector that continues to demonstrate growth and resilience.