76 Odell Rd, Muncy, PA 17756 For Sale

Kellanova executed a new 7 Year NNN lease featuring 3.5% annual rent increases

Rare Single tenant Kellanova investment offering (75% of locations are Corp Owned)

Investment grade credit tenant.

There are minimal Landlord responsibilities during tenant’s base lease term

Current Options Three, 5 Year Options

Market rents in Williamsport are $9.30/SF. Rents average around $8.40/SF for logistics buildings, $12.70/SF for flex properties, and $9.70/SF for specialized assets. Market rents have changed by 2.7% in logistics buildings year over year, 1.8% in flex buildings, and 0.0% in specialized buildings.

The rental market growth is mostly attributed to an available robust blue collar work force both in Williamsport and surrounding communities but bolstered by county and city investment in new business openings and generating jobs for the community. Existing skilled manufacturing companies make collocating desirable from companies looking for first or additional manufacturing locations.

Manufacturing, which accounts for more than $116 billion in gross state product, and agriculture, which contributes $132.5 billion annually to Pennsylvania’s economy, both play a crucial role in our Commonwealth’s economy and are included in the five key industries highlighted in Governor Shapiro’s Economic Development Strategy.