25,375 SF Industrial Flex/Investment Opportunity
Industrial/Flex Investment | 7.73% CAP | 25,375 SqFt
Marketing description
Scope Commercial Real Estate is pleased to present 1045-1051 Hummel Ave, Lemoyne, PA 17043, a 25,375 SF industrial/flex investment opportunity located in Cumberland County, Pennsylvania. The property is positioned within the Lemoyne industrial corridor with convenient access to Route 581, I-83, the Pennsylvania Turnpike, and I-81, supporting strong regional connectivity for warehouse, contractor, service, and flex users.
The asset is configured with a functional multi-suite industrial layout, featuring warehouse space, limited office buildout, concrete floors, gas heat, HVAC, one exterior dock, and one 12' x 12' drive-in door. The property's industrial zoning, Hummel Avenue frontage, and flexible building configuration provide usability for a range of distribution, contractor, service, showroom, and light industrial tenants.
Investment highlights
- Below-Market Industrial/Flex Basis: Offered at $78.82/SF, providing an attractive entry point relative to regional sale comps.
- Strong Pro Forma Upside: NOI is projected to increase from $154,591 to $237,454 through leasing and rent optimization.
- Functional Industrial/Flex Layout: Building includes warehouse space, office buildout, concrete floors, dock access, and drive-in loading.
- Flexible Multi-Suite Configuration: Three-suite layout supports multiple tenant types and leasing strategies.
- Strategic Highway Access: Located near Route 581, I-83, the PA Turnpike, and I-81.
- Value-Add Income Opportunity: Current lease rollover and market rent upside create a clear path to improved returns.
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