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    Barring Ave At Foster St Scranton, PA

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    For Sale
    $3,250,000

    75,000 SF manufacturing facility 100% leased with long-term tenant.

    Property size:
    75,000 SF
    Lot size:
    1.80 Acres

    Property Features for Barring Ave At Foster St

    General Information

    Size
    75,000 SF
    Lot size
    1.80 Acres

    Source: Encore Real Estate Investment Services Agent Noah Dalaly

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Manufacturing Facility with Long-Term Lease

    This 75,000-square-foot manufacturing property is available for sale and is 100% leased to North American Manufacturing (NAM). The property is under a 20-year triple-net lease, with over 16 years remaining and includes four, five-year renewal options. The lease features two percent annual rent increases. NAM specializes in providing high-quality, innovative equipment for the U.S. Military and other government agencies. NAM has been in operation for almost 50 years and was acquired by KAHO Partners, an owner of over $100 million in government manufacturing contracts. The U.S. defense market cap is estimated to be upwards of $300 billion. The blended capitalization rate is 8.73% over the base term.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Scranton
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.61544
    Latitude
    41.518436

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    FAQs

    What type of property is this?
    Manufacturing property - 75,000 SF manufacturing facility 100% leased with long-term tenant.
    Where is this manufacturing property located?
    The property is located at Barring Ave At Foster St Scranton, PA.
    What is the asking price?
    The asking price for this property is $3,250,000.
    What are key features of this property?
    This property features: - Blended 8.73% CAP Rate Over Base Term; - 100% Leased to North American Manufacturing (NAM); - 20-Year Triple-Net Lease | 16+ Years Remaining
    (248) 702-4427
    Request Owner's contact information
    Barring Ave At Foster St Scranton, PA
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Barring Ave At Foster St Scranton, PA
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