North American Manufacturing

1074 Barring Avenue, Scranton, PA 18508

  • For Sale $3,250,000
  • Property Type Industrial - Manufacturing
  • Property Size 75,000 SF
  • Lot Size 3.02 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 1980
  • Year Renovated 2020
  • Date Updated Oct 31, 2024
  • HVAC None
Scranton, Pennsylvania’s industrial real estate market is thriving due to its strategic location near major highways and proximity to large East Coast cities, making it an ideal hub for distribution and logistics. The area offers lower real estate costs and competitive tax rates compared to nearby markets, attracting businesses looking for cost-effective industrial spaces. The rise of e-commerce has further fueled demand for warehouse and logistics facilities, with several industrial parks being developed to meet this need. Scranton also has a skilled labor force and lower labor costs, providing additional advantages for companies. With ongoing industrial development and growing interest, the market outlook remains positive for continued growth.The property at 1074 Barring Ave, Scranton, PA, is an industrial manufacturing facility currently leased by North American Manufacturing. It features approximately 75,000 square feet of industrial space and is situated in a strategic location near key highways, making it suitable for manufacturing and distribution. The property plays a critical role in supporting North American Manufacturing’s operations, which focus on producing essential equipment, including military-grade items.

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Highlights

  • 20-Year Triple-Net Lease | 16+ Years Remaining
  • Two Percent Annual Rent Bumps | Four, Five-Year Renewal Options
  • 100% Leased to North American Manufacturing (NAM)
  • Blended 8.73% CAP Rate Over Base Term
  • NAM Specializes in Providing High-Quality, Innovative, and Rugged Equipment for the U.S. Military and Other Government Agencies –
  • Providing Predictable Cash Flows
  • NAM Has Been in Operation for almost 50 Years | Stable & Committed Tenant
  • NAM was Acquired by KAHO Partners, a Long-Term Investment Partner and Owner of 100MM+ Government Manufacturing Contracts
  • The U.S. Defense market cap is estimated to be upwards of $300 Billion dollar industry

Contacts

broker

Noah Dalaly

Encore Real Estate Investment Services

Location

Getting Around

  • Walk Score ®

    75/100 Very Walkable

  • Bike Score ®

    48/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Scranton, PA
  • Zip Code 18508
  • Market Scranton Wilkes Barre

Points of Interest

  • Electric City Trolley Station

    1.15 miles

  • PNC Field

    4.46 miles

  • Valero

    0.53 miles

  • BP

    0.79 miles

  • Sunoco

    1.21 miles

  • Turkey Hill

    1.50 miles

  • Exxon

    1.55 miles

  • Mobil

    1.62 miles

  • Tesla Supercharger

    4.33 miles

  • EVgo

    9.03 miles

  • Scranton Prep Event Parking

    0.46 miles

  • Olive Street Trailhead

    0.56 miles

  • Staff Parking

    0.78 miles

  • Parkade

    0.79 miles

  • Regional Hospital of Scranton Parkade

    0.81 miles

  • Student Parking

    0.81 miles

  • Mulberry Tower Parking

    0.86 miles

  • Forum Parking Garage

    0.91 miles

  • Adams Plaza Parking

    0.92 miles

  • Glider Diner

    0.27 miles

  • Zaleski Bros. Pizzeria and Grill

    0.48 miles

  • Fratelli's Pizza & Pasta House

    0.49 miles

  • Mayuri Indian Cuisine

    0.50 miles

  • Wendy's

    0.52 miles

  • McDonald's

    0.56 miles

  • Nearra's Pizzeria

    0.56 miles

  • Shiv Shakti Chat House

    0.63 miles

  • Cooper's Seafood House

    0.67 miles

  • Dunkin'

    0.78 miles

  • Giant

    0.76 miles

  • Redner's

    0.80 miles

  • The Marketplace at Steamtown

    1.16 miles

  • Riccardos Market

    1.39 miles

  • Stange's Food Center

    1.42 miles

  • Gerrity's Supermarket

    1.43 miles

  • Price Rite

    1.61 miles

  • Gerrity's

    1.83 miles

  • Schiff's

    2.08 miles

  • Big Lots

    2.26 miles

  • CVS Pharmacy

    0.58 miles

  • Walgreens

    0.67 miles

  • Regional Hospital of Scranton

    0.83 miles

  • Scranton Police Headquarters

    0.95 miles

  • Scranton Fire Department

    0.96 miles

  • Moses Taylor Hospital

    1.02 miles

  • Sheeley's Drug Store

    1.05 miles

  • The Prescription Center

    1.06 miles

  • Rite Aid

    1.07 miles

  • University Police

    1.13 miles

Frequently Asked Questions

How much does North American Manufacturing cost?

The space currently listed for sale at North American Manufacturing asks for $3,250,000.

What is the total square footage of North American Manufacturing?

North American Manufacturing totals 75,000 square feet.

When was this property built?

North American Manufacturing was built in 1980.

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Contact Listing Broker

broker

Noah Dalaly

Encore Real Estate Investment Services