215-448-6266
1050 Superior Ave, Chambersburg, PA for Sale
Distribution - FOR SALE
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1050 Superior Ave
Chambersburg, PA 17201


HIGHLIGHTS

  • Equipped with 8 dock-high loading doors and 9 drive-in doors for versatile shipping and receiving operations.
  • Heavy Industrial (HI) zoning permits operations involving capital-intensive machinery and manufacturing processes.
  • Enhanced power capacity includes 3-phase electrical service rated at 3,000 AMPS (480/277V), with a wet sprinkler system in place for added safety.
  • Conveniently located in Chambersburg with strategic access to the southern tier of the I-81 corridor, supporting regional and national distribution.
  • Approximately 90,000 SF industrial facility situated on a 3.64-acre parcel, complemented by a 1.49-acre storage yard.

OVERVIEW

Binswanger is pleased to present an exclusive single-tenant industrial investment opportunity in Chambersburg, PA. This I-81 corridor asset consists of 90,000 square feet situated on a 3.65-acre parcel with an additional 1.49-acre storage yard. The property features exceptional functionality with 8 loading docks, 9 drivein doors, and sufficient trailer parking. Strategically located within the southern tier of the I-81 corridor, the property provides seamless access to major transportation routes, ensuring strong logistical advantages for distribution and manufacturing operations. Zoned HI (Heavy Industrial) within the Cumberland Valley Business Park, the site is well-positioned for continued industrial growth. The property is fully leased to Applegate Insulation and Greenfiber, industry leaders in cellulose insulation manufacturing. Following their 2022 merger, these companies, in partnership with Industrial Opportunity Partners (IOP), have become the largest manufacturer of cellulose insulation in North America. This merger enhances the tenant’s financial stability, industry presence, and long-term growth potential, providing investors with a secure, income-generating asset backed by strong tenant credit. Applegate Insulation, a family-owned business since 1978, had an estimated revenue of $131 million in 2024. Greenfiber, founded in 2000 as a joint venture between Louisiana-Pacific and Casella Waste Systems, leads the market in cellulose-based fire and sound products. Their parent company, Industrial Opportunity Partners, has raised over $900 million and successfully invested in more than 25 platform companies, ensuring a strong backing for the tenant. With a well-established tenant, strategic industrial location, and exceptional property specifications, this offering presents an outstanding opportunity for investors seeking long-term value and stability in the industrial real estate market.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1942

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

8

DRIVE INS

9

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.65

LAND SF

158,994

ZONING

Heavy Industrial

APN/PARCEL ID

09-0C03S-002-000000

ASK ABOUT THIS PROPERTY

Timothy PenningtonBinswangerMore Info
215-448-6266

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Timothy PenningtonBinswangerMore Info
215-448-6266

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.