Lebanon Warehouse Property for
1840 State Rte 72 N Lebanon, PA
For Sale
Contact for pricing
73,494 SF warehouse/industrial property in Lebanon, PA.
Property Size73,494 SF
Lot Size10.06 Acres
Price / SF$70.75
Days on Market393
Property Features for 1840 State Rte 72 N
General Information
Standard status
Active
Size
73,494 SF
Lot size
10.06 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Marcus & Millichap | Philadelphia
(215) 531-7104
Listed By:
Matthew Junkin
Source:
Moodyscre
Added: Jul 1, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:23AM
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
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 For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $649.0k | $8.83 |
| − Vacancy | −$36.3k | −$0.49 |
| EGI | $612.6k | $8.34 |
| − OpEx | −$183.8k | −$2.50 |
| NOI | $428.8k | $5.83 |
73,494 SF · lease $8.83/SF/yr · vacancy 5.60% · expense 30.00%
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.
Property Analytics
Property Profile
Location Intelligence
Current Use
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
