37 Industrial Blvd 24,000 SF 100% Leased Flex Building Paoli, PA 19301 $5,250,000 ($218.75/SF) 7.48% Cap Rate

Marcus & Millichap is pleased to exclusively offer 37 Industrial Blvd in Paoli, Pennsylvania, a fully stabilized investment opportunity in one of the region’s most dynamic and supply-constrained industrial corridors. This 24,000 square foot industrial/flex building was recently renovated in 2025 and is fully leased to five well established tenants, complemented by an additions 16,000 square feet of land leased to two Industrial Outdoor Storage (IOS) tenants. The property is strategically located with immediate access to major transportation routes, including U.S. Route 30, U.S. Route 202, and the Pennsylvania Turnpike (I-76), ensuring seamless regional connectivity. It is also just minutes from the Paoli Train Station, a key SEPTA and Amtrak hub, providing convenient commuter access and logistical flexibility.
The tenant roster reflects a diverse mix of industrial and service-based users, each with a strong operational footprint and long-term commitment to the site. Several tenants have recently executed lease renewals, reinforcing the property’s appeal and functionality. The leases in place are competitively positioned within current market, reflecting the property’s high-quality infrastructure, location advantages, and tenant satisfaction. With a weighed average lease term (WALT) of 4.12 years, the asset offers durable income and long-term stability.
The IOS component adds a valuable dimension to the investment, with two tenants utilizing 16,000 square feet of land for outdoor storage-an increasingly scarce and in-demand asset class. These leases command premium rates and offer long-term value appreciation, particularly as demand for IOS continues to rise across the region. The sit’s layout and zoning provide flexibility for future enhancements or redevelopment, further boosting its long-term potential.
Fully occupied with staggered lease expirations and built-in rent escalations, 37 Industrial Blvd delivers immediate cash flow and sustained income growth. The combination of a strong tenant base, strategic location, and diversified income streams makes this asset a standout opportunity for investors seeking stable, high-performing industrial property in the greater Philadelphia area.