1351 Eisenhower BlvdHarrisburg, PA 17111

For Sale
Call for price

81,200 SF Industrial Flex Portfolio

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a fully leased, 81,200-square-foot industrial flex business park in Harrisburg, Pennsylvania's desirable Eisenhower Boulevard location. The property comprises two single-story buildings constructed between 2001 and 2003, situated on 8.17 acres of land zoned for Limited Manufacturing. With eight tenants occupying 100% of the space, this multi-tenant property offers a diverse and stable income stream, featuring staggered lease expirations and built-in rent bumps. The buildings boast 14 loading docks, 80 parking spaces, and a flexible layout accommodating tenants ranging from 2,450 to 7,500 square feet. The strategic location provides easy access to major interstates (I-81/78, 83, and 76), offering seamless connectivity to the Northeast and Mid-Atlantic regions. Proximity to significant employers, including Penn State Hershey Medical Center and Hershey Food Corporation, further enhances the property's appeal. The property benefits from the robust Central Pennsylvania industrial market, fueled by regional parcel hubs, intermodal yards, and deep-water port access. This fee-simple offering presents a rare chance to acquire a well-maintained, high-occupancy industrial asset with significant value-add potential through near-term rent adjustments. The property is professionally managed, with no deferred maintenance, ensuring a smooth transition for the new owner. This prime location, coupled with the strong tenant base and excellent access to transportation networks, makes this a compelling investment opportunity.

Highlights

  • Rare opportunity: Fully leased, 81,200 SF industrial flex business park in Harrisburg, PA.
  • Two buildings on 8.17 acres in a Limited Manufacturing zoning district.
  • Excellent tenant mix with staggered lease expirations for diversified, long-term income.
  • Significant value-add potential: Increase NOI by 15% within 18-24 months by raising rents to market rates.
  • Prime I-283 location near major employers and a skilled workforce.
  • Excellent condition; professionally managed with no deferred maintenance.

Property Details for 1351 Eisenhower Blvd

Property type
Other warehouses, Other industrial properties
Square Feet
81,200 SF
Class
B
Year Built
2001
Buildings
2
Stories
1
Lot Size (sq. ft)
355,885 SF
Units
8

Location Insight

City
Harrisburg
County
Dauphin
State
Pennsylvania
Latitude
40.226425037562
Longitude
-76.797041747807
1351 Eisenhower Blvd, Harrisburg, Pennsylvania

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1351 Eisenhower Blvd
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