Lebanon Warehouse Property for
For Sale
Contact for pricing
Pending
1840 State Rte 72 N, Lebanon, PA
73,494 SF warehouse/industrial property in Lebanon, PA.
Property Size73,494 SF
Lot Size10.06 Acres
Days on Market485
Property Features for 1840 State Rte 72 N
General Information
Standard status
Pending
Size
73,494 SF
Lot size
10.06 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Marcus & Millichap | Philadelphia
(215) 531-7000
Listed By:
Matthew Junkin
(215) 531-7104
Source:
Moodyscre
Added: Jul 1, 2025
Changed: Oct 25
Last Checked: Oct 26 at 7:59PM
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 Marcus & Millichap | Philadelphia
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property is a 73,494 square foot warehouse/industrial property located in Lebanon, Pennsylvania. The property is suitable for warehouse and industrial use.
Key Highlights
- 73,494 SF warehouse/industrial property
- Located in Lebanon, PA
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$428,827
Cap Rate
8.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,576,540
$8.6M
Cap Rate 7%
$6,126,100
$6.1M
Cap Rate 9%
$4,764,744
$4.8M
Market Conditions
NOI Build-Up for 73,494 SF
Gross rent
$649.0K $8.83/SF
− Vacancy
−$36.3K −$0.49/SF
EGI
$612.6K $8.34/SF
− OpEx
−$183.8K −$2.50/SF
NOI
$428.8K $5.83/SF
Area
Lebanon County, PA
Vacancy
5.60%
Lease Rate
$8.83 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,576,540
Cap Rate 7%
$6,126,100
Cap Rate 9%
$4,764,744
Alternative Uses
Best Use
Warehouse
$7.44M
$6.51M – $8.68M
NOI $520,719 @ 7.0% cap · market cap 10.01%
Second Best
Industrial
$6.13M
$5.36M – $7.15M
NOI $428,827 @ 7.0% cap · market cap 8.25%
Theoretical Best
Office A
$17.25M
$15.09M – $20.13M
NOI $1,207,536 @ 7.0% cap · market cap 23.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- North Lebanon Self Storage — 1840 PA-72 N, Lebanon, PA 17046
Frequently Asked Questions
What type of property is this?
Warehouse - 73,494 SF warehouse/industrial property in Lebanon, PA.
Where is this warehouse located?
The property is located at 1840 State Rte 72 N Lebanon, PA.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: 73,494 SF warehouse/industrial property; Located in Lebanon, PA
