Scranton Flex/Industrial Space
40 Poplar St Scranton, PA
For Sale
Contact for pricing
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 Market247
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: Jul 6
Last Checked: Jul 29 at 12:16PM
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
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 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 | $234.7k | $8.83 |
| − Vacancy | −$13.1k | −$0.49 |
| EGI | $221.5k | $8.34 |
| − OpEx | −$66.5k | −$2.50 |
| NOI | $155.1k | $5.83 |
26,578 SF · lease $8.83/SF/yr · vacancy 5.60% · expense 30.00%
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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Alter H Catering Scranton — 400 Wyoming Ave, Scranton, PA 18503
- Concini Robert J — 225 Penn 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
