11601 Roosevelt Boulevard
11601 Roosevelt Boulevard, Philadelphia, PA, 19154, US
43,238 m²
Description
JLL is pleased to present for sale 3419 Ritner Highway located in Newville, Pennsylvania. The Property is a 1,215,240 square foot Class A cross-dock distribution facility featuring a 36’ clear height, presenting the opportunity to acquire a critical mass of well-located, new generation product within the Core Central Pennsylvania industrial market.
3419 Ritner Highway is timelessly designed to the highest standard for superior functionality to accommodate any tenant use. The Property is fully leased to Newell Brands (NASDAQ: NWL) through June 2032 providing predictable in-place cash flow from a strong tenant. Newell Brands is currently paying a rent that is more than 40% below market rent today.
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Attributes
Building area net
112,899 m²
Year built
2020
Clear height
10.97 m
Occupancy
100%
Remaining lease term
6.5 years
Media
Investment Highlights
- VALUE-ADD POTENTIAL
- CLASS A NEW GENERATION
- SIGNIFICANT TENANT INVESTMENT
- 40% BELOW MARKET RENT
- DISCOUNT TO REPLACEMENT COST
- IMMEDIATE ACCESS TO I-81
Contact brokers
3419 Ritner Highway (0 Properties)
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Last updated
11 Sep 2025
