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29521131
29521132

37 Industrial Blvd, Paoli, PA 19301 For Sale

BH
PA PA RS335804
Marcus & Millichap - Philadelphia
Listed by Marcus & Millichap - Philadelphia
$5,250,000
167 days on market
Updated 167 days ago

Paoli Commons

Details
Property Type Industrial
Sub Type Flex
Square Footage 24,000
Net Rentable (SqFt) 24,000
Units 5
Cap Rate 7.48%
NOI $392,566
Occupancy 100%
Tenancy Multi
Lease Type NNN
Remaining Term 4
Rent Bumps Yes
Pro-Forma Cap Rate 7.71%
Pro-Forma NOI $404,551
Price per SqFt $219
Class B
Year Built 1986
Year Renovated 2025
Acreage 2.600
Investment Type Stabilized
Tenant Credit Credit Rated, No Credit Rating (+1)
Ceiling Height 16
Loading Docks 5

Industrial | 7.48% CAP | 24,000 SqFt

Marketing description

Marcus & Millichap is pleased to exclusively offer 37 Industrial Blvd in Paoli, Pennsylvania, a fully stabilized investment opportunity in one of the region’s most dynamic and supply-constrained industrial corridors. This 24,000 square foot industrial/flex building was recently renovated in 2025 and is fully leased to five well established tenants, complemented by an additions 16,000 square feet of land leased to two Industrial Outdoor Storage (IOS) tenants. The property is strategically located with immediate access to major transportation routes, including U.S. Route 30, U.S. Route 202, and the Pennsylvania Turnpike (I-76), ensuring seamless regional connectivity. It is also just minutes from the Paoli Train Station, a key SEPTA and Amtrak hub, providing convenient commuter access and logistical flexibility.

The tenant roster reflects a diverse mix of industrial and service-based users, each with a strong operational footprint and long-term commitment to the site. Several tenants have recently executed lease renewals, reinforcing the property’s appeal and functionality. The leases in place are competitively positioned within current market, reflecting the property’s high-quality infrastructure, location advantages, and tenant satisfaction. With a weighed average lease term (WALT) of 4.12 years, the asset offers durable income and long-term stability.

The IOS component adds a valuable dimension to the investment, with two tenants utilizing 16,000 square feet of land for outdoor storage-an increasingly scarce and in-demand asset class. These leases command premium rates and offer long-term value appreciation, particularly as demand for IOS continues to rise across the region. The sit’s layout and zoning provide flexibility for future enhancements or redevelopment, further boosting its long-term potential.

Fully occupied with staggered lease expirations and built-in rent escalations, 37 Industrial Blvd delivers immediate cash flow and sustained income growth. The combination of a strong tenant base, strategic location, and diversified income streams makes this asset a standout opportunity for investors seeking stable, high-performing industrial property in the greater Philadelphia area.

Investment highlights

  • 100 Percent Bonus Depreciation Opportunity - 2026 Estimated Tax Savings of $318,308

  • 100 Percent Leased 24,000 SF Industrial/Flex Building with Five Strong tenants and Two IOS Tenants Occupying 16,000 SF of Land. Providing Diversified and Reliable Income Streams

  • Strategically Located near U.S. Route 30, Route 202, and the Pennsylvania Turnpike (I-76), with Close Proximity to the Paoli Train Station (SEPTA & Amtrak), Offering Exceptional Regional Connectivity

  • Multiple Recent Lease Renewals and a 4.12-Year Weighted Average Lease term (WALT) Reflect Tenant Satisfaction and Long-Term Occupancy Stability

  • Leases are Competitively Positioned Within the Current Market, Supported by the Property’s High-Quality Infrastructure and Location Advantages

  • 2025 Renovations Provide Investors with a Modernized Asset with Minimal CapEx Requirements

Listing Contacts

BH
PA PA RS335804
Marcus & Millichap - Philadelphia
Listed by Marcus & Millichap - Philadelphia

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$392,566.00
$32,713.83/mo

Valuation Metrics

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DSCR
7.48%
Cap Rate
7.48%
ROI

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Additional Information

Name
Brian Higgins
License
PA RS335804
Brokerage
Marcus & Millichap
Brokerage Phone
2155317093
Brokerage Address
2005 Market Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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