777 S Franklin St Wilkes Barre, PA 18702
22,000 sq ft building with 9 garage bays.
Property Features for 777 S Franklin St
General Information
- Standard status
- Active
- Size
- 22,000 SF
- Lot size
- 2.00 Acres
Listing office RE/MAX Preferred - Cherry Hill (570) 351-5242
Listing date May 1, 2026
Source Exprealty
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Investment Insights
Based on property information with market context.
Key Highlights
- 22,000 sq ft building on a 2‑acre fully fenced lot.
- Benefit from 9 garage bays, including one 24 ft high bay.
- Includes 4 hydraulic working lifts.
Local 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 | $192.7k | $8.76 |
| − Vacancy | −$19.3k | −$0.88 |
| EGI | $173.4k | $7.88 |
| − OpEx | −$52.0k | −$2.37 |
| NOI | $121.4k | $5.52 |
Alternative Uses
Property Analytics
Current Use by Public Records
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