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Warehouse

25-27 Grand Ave | $130,200 NOI | 7.23% Cap | NNN Lease | 3.00% Annual Increases

25 Grand Ave, Red Lion, PA 17356

Listing Price: $1,800,000

Cap Rate
7.23%
Gross SF
62,300
Price/Gross SF
$28.89
Lot Size
1.81 acres
Year Built
1931
Rentable SF
62,300

Investment Overview

Marcus & Millichap is pleased to exclusively present 25-27 Grand Avenue in Red Lion, PA — a rare opportunity to acquire a high-utility, 62,300 Square Foot industrial building situated on a 1.81-acre site in the thriving South Central Pennsylvania corridor. The property is to be delivered with a Sale-Leaseback from York Guard Shack, a consistently performing business founded in 2010. The remainder of the property is perfect for a Owner/User or an Investor that can achieve upside by leasing out the remaining space while enjoying the income from York Guard Shack. Please see the following pages for specifics of the Lease and Terms.

The building had brand-new roofs installed in May and August 2025, a flat rubber roof and a pitched architectural shingle roof. The property features two well-maintained, interconnected buildings with convenient internal pass-through corridors, ensuring seamless workflow between spaces. The layout includes two loading docks and six drive-in bays, clear heights ranging from 13'-0" to 18'-4" on the ground floor, offering easy access for large-scale operations and logistics. The robust masonry, brick, and wood construction is designed to withstand the demands of industrial use, while being equipped with 3-phase heavy power to support a wide range of operations. Approximately 6% of the property is dedicated to office space, providing ample room for administrative or management functions. The industrial zoning allows for a variety of uses, further enhancing the property’s appeal to a diverse set of industries. Additionally, the property boasts over 70 parking spaces, offering more than enough room for both employees and visitors. The parking lot is zoned commercially, located on the corner of Main Street and Grand Avenue with over 0.6 Acres of striped spaces, providing flexibility for additional use or development.

Strategically located just minutes from Route 24 and Interstate 83 on Main Street in Red Lion, the property provides immediate access to key regional markets such as York, Harrisburg, Lancaster, and Baltimore. With strong demand and tightening supply across the region, this asset is positioned to benefit from the sustained migration of industrial users into secondary Pennsylvania markets. This property is suitable whether you’re an Owner-User looking for a well-located facility or an investor seeking in-place income and additional value-add in a high-demand market.

Investment Highlights

  • 7.23% Cap Rate
  • $130,200 NOI Year 1
  • 62,300 SF RBA
  • 13'-0" to 18'-4" Clear Height Ground Floor
  • 2 Dock Doors and 6 Drive In Doors
  • Brand New Roofs Installed in May and August 2025

Exclusively Listed By

Financing By

Warehouse

25-27 Grand Ave | $130,200 NOI | 7.23% Cap | NNN Lease | 3.00% Annual Increases

Listing Price: $1,800,000

Cap Rate
7.23%
Gross SF
62,300
Price/Gross SF
$28.89
Lot Size
1.81 acres
Year Built
1931
Rentable SF
62,300

Investment Highlights

  • 7.23% Cap Rate
  • $130,200 NOI Year 1
  • 62,300 SF RBA
  • 13'-0" to 18'-4" Clear Height Ground Floor
  • 2 Dock Doors and 6 Drive In Doors
  • Brand New Roofs Installed in May and August 2025

Investment Overview

Marcus & Millichap is pleased to exclusively present 25-27 Grand Avenue in Red Lion, PA — a rare opportunity to acquire a high-utility, 62,300 Square Foot industrial building situated on a 1.81-acre site in the thriving South Central Pennsylvania corridor. The property is to be delivered with a Sale-Leaseback from York Guard Shack, a consistently performing business founded in 2010. The remainder of the property is perfect for a Owner/User or an Investor that can achieve upside by leasing out the remaining space while enjoying the income from York Guard Shack. Please see the following pages for specifics of the Lease and Terms. The building had brand-new roofs installed in May and August 2025, a flat rubber roof and a pitched architectural shingle roof. The property features two well-maintained, interconnected buildings with convenient internal pass-through corridors, ensuring seamless workflow between spaces. The layout includes two loading docks and six drive-in bays, clear heights ranging from 13'-0" to 18'-4" on the ground floor, offering easy access for large-scale operations and logistics. The robust masonry, brick, and wood construction is designed to withstand the demands of industrial use, while being equipped with 3-phase heavy power to support a wide range of operations. Approximately 6% of the property is dedicated to office space, providing ample room for administrative or management functions. The industrial zoning allows for a variety of uses, further enhancing the property’s appeal to a diverse set of industries. Additionally, the property boasts over 70 parking spaces, offering more than enough room for both employees and visitors. The parking lot is zoned commercially, located on the corner of Main Street and Grand Avenue with over 0.6 Acres of striped spaces, providing flexibility for additional use or development. Strategically located just minutes from Route 24 and Interstate 83 on Main Street in Red Lion, the property provides immediate access to key regional markets such as York, Harrisburg, Lancaster, and Baltimore. With strong demand and tightening supply across the region, this asset is positioned to benefit from the sustained migration of industrial users into secondary Pennsylvania markets. This property is suitable whether you’re an Owner-User looking for a well-located facility or an investor seeking in-place income and additional value-add in a high-demand market.

Exclusively Listed By

Financing By

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