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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.

Property Facts

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

Property Taxes

Parcel Number
41-352.0-0118.12-000
Land Assessment
$86,090
Improvements Assessment
$1,606,810
Total Assessment
$1,692,900
  • Listing ID: 39746560

  • Date on Market: 3/12/2026

  • Last Updated:

  • Address: 76 Odell Rd, Muncy, PA 17756

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