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76 Odell Rd 50,000 SF Industrial Building Muncy, PA 17756 $6,408,720 ($128.17/SF) 6.25% Cap Rate



Investment Highlights
- Leased to Kellanova, a wholly owned subsidiary of Mars, Incorporated
- Minimal landlord responsibilities (roof/structure only)
- Strong surrounding industrial ecosystem with major national tenants and 3PL presence
- 7-year corporate NNN lease commencing with 3.5% annual bumps
- Minutes from Kellanova’s 259,000 SF mission-critical manufacturing plant
- Located near 100+ acre Lycoming Mall redevelopment with growing logistics activity
Executive Summary
This 50,000 SF industrial facility at 76 Odell Road in Muncy, Pennsylvania, offers a rare investment opportunity backed by a long-term corporate lease to Kellanova (NYSE: K), a global snacking leader. The property is positioned on 9.62 acres and features a steel and block structure with 31-foot peak ceiling heights, four brand-new loading docks, and seven drive-in doors. Recently renovated in 2025, the building provides modern infrastructure to support mission-critical operations.
The asset is secured by a 7-year NNN lease with 3.5% annual rent escalations, delivering predictable income and minimal landlord responsibilities limited to roof and structure. With an offering price of $6,408,720 and a 6.25% cap rate, this property combines investment-grade credit with durable cash flow. Located minutes from Kellanova’s 259,000 SF manufacturing plant and within a robust industrial corridor, the site benefits from strong logistics connectivity, proximity to I-180, and access to major population centers including Philadelphia, New York, and Pittsburgh within a 3.5-hour drive.
This acquisition offers investors a stable, long-term income stream in a market characterized by low vacancy, limited new supply, and growing demand for logistics and manufacturing space.
The asset is secured by a 7-year NNN lease with 3.5% annual rent escalations, delivering predictable income and minimal landlord responsibilities limited to roof and structure. With an offering price of $6,408,720 and a 6.25% cap rate, this property combines investment-grade credit with durable cash flow. Located minutes from Kellanova’s 259,000 SF manufacturing plant and within a robust industrial corridor, the site benefits from strong logistics connectivity, proximity to I-180, and access to major population centers including Philadelphia, New York, and Pittsburgh within a 3.5-hour drive.
This acquisition offers investors a stable, long-term income stream in a market characterized by low vacancy, limited new supply, and growing demand for logistics and manufacturing space.
Property Facts
| Price | $6,408,720 | Rentable Building Area | 50,000 SF |
| Price Per SF | $128.17 | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 2006/2025 |
| Cap Rate | 6.25% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.16/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 31’ |
| Building Class | B | No. Dock-High Doors/Loading | 4 |
| Lot Size | 9.62 AC | No. Drive In / Grade-Level Doors | 7 |
| Zoning | Industrial - Industrial | ||
| Price | $6,408,720 |
| Price Per SF | $128.17 |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 9.62 AC |
| Rentable Building Area | 50,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2006/2025 |
| Tenancy | Single |
| Parking Ratio | 1.16/1,000 SF |
| Clear Ceiling Height | 31’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 7 |
| Zoning | Industrial - Industrial |
Amenities
- Fenced Lot
- Security System
- Signage
- Yard
- Fluorescent Lighting
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - Well
- Sewer - City
- Heating - Gas
Property Taxes
| Parcel Number | 41-352.0-0118.12-000 | Improvements Assessment | $1,606,810 |
| Land Assessment | $86,090 | Total Assessment | $1,692,900 |
Property Taxes
Parcel Number
41-352.0-0118.12-000
Land Assessment
$86,090
Improvements Assessment
$1,606,810
Total Assessment
$1,692,900
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