CBRE is pleased to offer for sale the 59,050 square-foot Capitol Building Supply located on 4.13 acres in Harrisburg, PA. CBSI’s NNN lease features ±7.2 years of term remaining with 3% annual rent increases throughout the term and two 5-year renewal options.
PREMIER INDUSTRIAL TENANT
— With 35 years of experience, Capitol Building Supply, Inc. (CBSI) specializes in providing building materials and supplies to contractors, builders, and
homeowners. The company offers a range of products, including lumber, roofing, siding, and other construction-related items with construction
yards in Delaware, Maryland, New Jersey, Ohio, Pennsylvania, Virginia and Washington, D.C.
HOME DEPOT COMPLETES ACQUISITION OF GMS
— Gypsum Management & Supply (GMS)—CBSI’s former parent company—was acquired by Home Depot in September 2025 for $5.5 billion (more detail on
page 7). Prior to Home Depot’s acquisition, the company operated a network of more than 300 distribution centers and over 100 tool sales, rental, and service centers. CBSI was the largest company in the GMS family with 500+ employees serving residential and commercial construction customers throughout 20+ yards. For the fiscal year ended April 30, 2025, GMS generated $5.5 billion in total revenue and $500.9 million in Adjusted EBITDA.
LONG-TERM NNN LEASE WITH ATTRACTIVE ANNUAL INCREASES
— CBSI’s NNN lease features ±7.0 years of term remaining with 3% annual rent increases throughout the term and two 5-year renewal options.
UNIQUE IOS OPPORTUNITY
— Tenant recently fenced the property and paved the outdoor storage area (formerly gravel) in 2023. Additionally, the site coverage ratio at this property is right under 33%, making the large 4.13-acre site attractive to users with an industrial outdoor storage (IOS) need.
EXCELLENT ACCESS & VISIBILITY
— Located less than 2 miles north of downtown Harrisburg, CBSI is located along Hagy Way, where it is feet from the signalized intersection of Crooked Hill Road (3,895 VPD) and Elmerton Avenue (5,230 VPD). The site is also a half mile east of US Highway 22 (36,936 VPD) and less than 1.5 miles southeast of its junction with Interstate 81 (107,222 VPD), offering convenient access to south-central and north-eastern Pennsylvania.