Investment Overview

Marcus & Millichap is pleased to exclusively represent the ownership in the sale of a premium industrial property. Located less than 80 miles from the Washington, D.C. Metropolitan Statistical Area (MSA), and approximately 15 minutes to Hagerstown, MD, this asset features 67,200 Square Feet of rentable space on 7.61 acres, making it ideal for both Owner-Users and Investors as Pepsi is vacating the property on May 31, 2025. The property boasts a Clear Height of 28'-32' at the edges and center respectively, a Full Deck Height of 34', and efficient column spacing of 25'x25'. Currently, the facility is occupied by Pepsi, which uses the location for the repair and redeployment of soda machines. Pepsi's lease extends until May 31, 2025, which allows Owner/Users to capture rent after closing while preparing for their use, or Investors have income throughout the lease up period. With the property situated less than 3-Minutes from Interstate I-81 and approximately 20-Minutes from the Eastern West Virginia Regional Airport (MRB West) having ownership allows access to major throughways and provides a key advantage. Recent upgrades include a full roof replacement in 2023 with a new EPDM rubber roof including a 20-Year Warranty, and a recently installed Roof Top Unit (RTU) for the office space in 2023. The facility is equipped with 7 Trailer Dock Doors, a Double-Wide Drive-in with a Double Wide Dock, 9 Levelers, and a 15-Ton interior Gantry Crane, all enhancing the building's suitability for various operations. The property is powered with 3-Phase, 277-480 Volts and 1,500 Amps, ensuring sufficient power supply. The property’s strategic location near essential amenities, including fast-food chains and retail options, makes the location of the building attractive for businesses seeking workforce. With approximately 165 parking spaces, great access to I-81, and the 7.61 Acres includes grassy open space for additional uses, this facility is a solid investment in the market.