FEMA Greencastle_Property for Sale
FEMA Greencastle_Property for Sale
12316 Molly Pitcher Hwy, Greencastle, PA, 17225-8420, US

FEMA Greencastle

Asset Description

Jones Lang LaSalle, Inc. (“JLL”) has been retained as the exclusive sales representative for Federal Emergency Management Agency (FEMA) Greencastle (the “Property”) – a 251,043 square foot, Class A warehousing and distribution facility immediately adjacent to I-81 in Greencastle, PA. FEMA Greencastle is a state-of-the-art facility offering long-term, 13 year firm, cash flow ensured by the United States Government.

 

The Property’s immediate access to I-81 and strategic location on the border of Pennsylvania and Maryland provides direct connectivity to many of the Mid-Atlantic’s distribution networks and most populous MSAs. This mission-critical asset enables the tenant to efficiently distribute emergency response resources to the entire Eastern Seaboard and access over 50% of the population within a one-day truck trip. Moreover, the Property boasts a multitude of favorable design characteristics, including a 32’ clear height, vehicle repair/wash bays, 45 dock-high doors, 3 drive-in doors, 130’ truck court depth, and ample outdoor storage space including 300 off-dock trailer spaces and 125 car parking spaces.

 

Located in the sought-after I-81 Logistics Corridor, the Property offers investors the opportunity to acquire a highly functional asset with long-term returns and bond-like stability.

...

Attributes

Building area net
23,323 m²
Occupancy
100%
Remaining lease term
18.2 years
Year built
2023
Clear height
9.75 m
Land area gross
13.27 ha
Number of loading docks
45

Media

Investment Highlights

  • 18 YEARS OF CREDIT TENANCY REMAINING
  • 100% leased to the Federal Emergency Management Agency (FEMA) with 18 years of term (13 years firm) through 2043


  • SUBSTANTIAL TENANT INVESTMENT
  • FEMA has invested an additional $8M ($32 PSF) above allocated tenant improvements and building specific amortized capital (BSAC)


  • FUTURE-PROOFED INDUSTRIAL PRODUCT
  • Newly delivered, state-of-the-art cross-docked warehouse featuring 32’ clear heights, 45 dock doors, and 3 drive-in bays


  • IDEAL SUPPLY CHAIN LOCATION
  • Excellent location along I-81, providing access to key supply chain infrastructure, major population centers, and significant discounts to labor and operating costs compared with East Coast markets


  • BOND-LIKE INVESTMENT
  • Passive government-leased investment requiring minimal additional capital expenditures


  • POLITICALLY RESILIENT
  • Purpose-built asset in a non-metropolitan location enhances long-term cash flow stability, aligning with current government spending priorities surrounding GSA leases
FEMA Greencastle 4_Property for Sale
FEMA Greencastle 4_Property for Sale

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FEMA Greencastle (0 Properties)

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Last updated
3 Apr 2025