301 Railroad Avenue

JLL is pleased to present for sale 301 Railroad Avenue located in Shiremanstown, Pennsylvania. The Property is a functional 254,449 square foot, multi-tenant distribution facility situated on 14 acres. 301 Railroad Avenue offers a new investor the opportunity to acquire a well maintained, cash flowing asset in one of the best performing industrial markets in the country.

The Property is located immediately off the Capital Beltway (Route 581) and is situated 3.9 miles north of I-83 and 5.1 miles south of I-81. The Property’s strategic position offers seamless and immediate access to the most vital east-west and north-south highways in the Eastern & Central Pennsylvania industrial market. 301 Railroad Avenue is fully leased to four tenants with 2.3 years of weighted average lease term. The average tenure of the tenants at the property is 6.7 years, with 72% of leased area having executed a renewal within the last 24 months, demonstrating a commitment to the Property as well as the strength of the submarket.