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621 Lowther Rd, Lewisberry, PA 629 Lowther Rd, Lewisberry, PA 631 Lowther Rd, Lewisberry, PA
Fairview Industrial Park
Asset ClassIndustrial
% Leased100%
# Buildings: 3Square Feet: 132,624Weighted Average Lease Term: 1.6 YearsAccess Data Room
Mark-to-market | Small Bay Infill Product
overview of deal

Overview

As exclusive agent, Cushman & Wakefield’s National Industrial Advisory Group is pleased to offer a 100% fee interest in Fairview Industrial Park for sale. This 132,624 square foot portfolio of three Industrial assets is 100% occupied with a WALT of 1.6 years. The property is located just off I-83 in Lewisberry, PA in between York and Harrisburg. These three buildings have easy accessibility to I-83, I-76 and I-81, providing access to Baltimore, NYC, Philadelphia, Pittsburgh, and Washington DC within a 3.5-hour drive. Notable tenants in this market include Amazon, AlphaBroder, Chewy, FedEx, Spears Manufacturing and Westlake Pipe.

 

Fairview Industrial Park offers the opportunity to purchase three infill small bay assets in the highly desirable York County. Due to the lack of new construction in the small box category and strong tenant demand, there is extremely limited competitive availability in the immediate vicinity. With a WALT of 1.6 years, below market rents, this deal has a projected NOI growth of 62% over the first five years and a strong benchmark to replacement cost.

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Investment Highlights

% Leased
100%
# Tenants
12
Square Feet
132,624

Location

  • Located immediately off I-83, five minutes to I-76 and 15 minutes to I-81
  • Within a 3.5-hour drive of Baltimore, New York City, Philadelphia, Pittsburgh and Washington DC
  • Four of the top 11 US MSA’s within a 1-day truck drive

Institutional Quality

  • Strong Institutional presence throughout York County/I-83
  • Historically well occupied park, currently 100% leased
  • Amazon, AlphaBroder, Chewy, FedEx, Spears Manufacturing and Westlake Pipe all located within park

Value Creation

  • Mark-to-market opportunity with 1.6 years of WALT
  • 62% NOI increase over 5 years
  • Favorable benchmark to replacement given below market rent and construction cost for small bay product

Market

  • Central PA lead the I-81/I-78 Corridor with 2 MSF of leasing activity in Q2 2025
  • The Central PA Market saw 85% annual asking rent growth over the last 5 years
  • Central PA is currently 94% occupied with increased tenant demand
  • High barrier to entry market and no direct competition within the development pipeline
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621 Lowther RdLewisberry, PA 17339

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Listing provided by Revere CRE