Scranton Flex/Industrial Space
For Sale
Contact for pricing
40 Poplar St, Scranton, PA
26,578 SF flex/industrial space for lease in Scranton, PA.
Property Size26,578 SF
Lot Size9.00 Acres
Price / SF$159.91
Days on Market334
Property Features for 40 Poplar St
General Information
Standard status
Active
Size
26,578 SF
Lot size
9.00 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Hinerfeld Commercial Real Estate
(570) 207-4100
Listed By:
Colin “Liam” Keefer · License #RS356156
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Oct 15
Last Checked: Oct 23 at 11:26AM
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 Hinerfeld Commercial Real Estate
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 offers 26,578 square feet of flex and industrial space. Located in Scranton, Pennsylvania, the property is suitable for a variety of business operations.
Key Highlights
- 26,578 SF flex/industrial space available
- Located in Scranton, PA
- Space is for lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$155,079
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,101,580
$3.1M
Cap Rate 7%
$2,215,414
$2.2M
Cap Rate 9%
$1,723,100
$1.7M
Market Conditions
NOI Build-Up for 26,578 SF
Gross rent
$234.7K $8.83/SF
− Vacancy
−$13.1K −$0.49/SF
EGI
$221.5K $8.34/SF
− OpEx
−$66.5K −$2.50/SF
NOI
$155.1K $5.83/SF
Area
Lackawanna 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%
$3,101,580
Cap Rate 7%
$2,215,414
Cap Rate 9%
$1,723,100
Alternative Uses
Best Use
Industrial
$2.22M
$1.94M – $2.58M
NOI $155,079 @ 7.0% cap · market cap 3.65%
Second Best
Flex RnD
$2.04M
$1.79M – $2.38M
NOI $142,860 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$6.75M
$5.90M – $7.87M
NOI $472,219 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,343
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Concini Robert J — 225 Penn Ave, Scranton, PA 18503
- Alter H Catering Scranton — 400 Wyoming Ave, Scranton, PA 18503
- Lackawanna College Dining Services — 409 Adams Ave, Scranton, PA 18510
Frequently Asked Questions
What type of property is this?
Flex space - 26,578 SF flex/industrial space for lease in Scranton, PA.
Where is this flex space located?
The property is located at 40 Poplar St Scranton, PA.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: 26,578 SF flex/industrial space available; Located in Scranton, PA; Space is for lease
