Barring Avenue At Foster St, Scranton, PA
75,000 SF manufacturing facility 100% leased with long-term tenant.
- Added:
- Dec 3, 2024
- Days on Market:
- 558
- Last Refresh:
- May 19 at 9:08 pm
Property Features for Barring Avenue At Foster St
General Information
- Standard status
- Active
- Size
- 75,000 SF
- Lot size
- 1.80 Acres
- Property subtype
- INDUSTRIAL
Listing agent Noah Dalaly License #6501387591 (248) 702-4427
Listing office Encore Real Estate Investment Services (248) 702-4427
Listing date Dec 3, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Encore Real Estate Investment Services
HighLights
- Blended 8.73% CAP Rate Over Base Term
- 100% Leased to North American Manufacturing (NAM)
- 20‑Year Triple‑Net Lease | 16+ Years Remaining
- NAM Acquired by KAHO Partners, a Long‑Term Investment Partner
- Two Percent Annual Rent Bumps | Four, Five‑Year Renewal Options
- NAM Specializes in Providing High‑Quality Equipment for the U.S. Military
Overview
Current Use by Public Records
Map
- City
- Scranton
- County
- Lackawanna
- State
- Pennsylvania
- Longitude
- -75.6154
- Latitude
- 41.5184