Premier Warehouse Distribution Facility For Sale or Lease

322 Revco Road, Somerset, PA 15501

Property Information

  • For Sale Undisclosed
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 368,594 SF
  • Units 1
  • Lot Size 34.39 Acre
  • Parking Spaces Avail. 234
  • Parking Ratio 0.63 / 1,000 SF
  • Property Tenancy Single Tenant
  • Year Built 1968
  • Year Renovated 1999
  • Date Updated Jan 26, 2026
  • Dock High Doors 39
  • Grade Level Doors 2
  • Fire Sprinklers ESFR Other
  • HVAC Other

Description

The property is located along the PA Turnpike (I-76) at the Somerset exit with easy on and off access, approx. 1 hour from Pittsburgh and Altoona, and 2 hours from Harrisburg and State College.Premier Warehouse Distribution Facility For Sale or Lease: 368,594 SF Building on 31+ Acres Executive Summary 322 Revco Road is fully leased to CVS Pharmacy, an investment-grade tenant, providing secure near-term cash flow through December 31, 2027. Embedded rent growth beginning in late 2026, combined with below-market in-place rents, positions the asset for substantial income upside at rollover. Further value is driven by tenant-funded capital improvements and the conveyance of excess land at lease expiration, offering enhanced control and long-term redevelopment flexibility. This offering represents a rare opportunity to acquire an institutional-quality distribution asset with durable income and a clear path to value creation. The property is a mission-critical regional distribution facility fully leased to CVS Corporation. The asset benefits from long-term tenancy, functional industrial improvements, and substantial land coverage across multiple parcels.Gross/Net Rentable Area: Total of 368,594 SF (three buildings) Number of Floors: One-story warehouse with two-story offices Occupancy: 1/1/2028 The property is a mission-critical regional distribution facility fully leased to CVS Corporation. The asset benefits from long-term tenancy, functional industrial improvements, and substantial land coverage across multiple parcels. In-place rent is materially below market, providing meaningful upside at rollover. The lease includes tenant obligations to replace a significant portion of the roof. Additionally, a 3.933 acre excess parking parcel will be conveyed to the landlord at lease expiration, enhancing site control and future optionality.

Highlights

  • 10 dock-high overhead doors (8’ x 8’ and 9’ x 10’); one (1) grade-level overhead door (12’ x 16’)
  • 130 excess trailer spaces located along the eastern elevations of Buildings B and C (asphalt)
  • 14 dock-high overhead doors (8’ x 8’)
  • 15 dock-high overhead doors (7’ x 8’); one (1) grade-level door (10’ x 14’)
  • 1968: 106,000 SF
  • 1980: 102,000 SF
  • 1995: 155,000 SF
  • 1998/1999: 5,594 SF
  • 20,000± SF of the warehouse space is air-conditioned for food storage
  • Access:
  • Approx. 1 hour from Pittsburgh and Altoona; 2 hours from Harrisburg and State College
  • Backup Power: Three (3) diesel-powered generators
  • Building A
  • Building B
  • Building C
  • Building Description
  • Buildings A & B: These buildings have office areas with elevator service and men’s and women’s restrooms
  • Clear height: 24’
  • Clear height: 30’
  • Clear height: 38’

Contacts

Dana Grau, SIOR, CCIM

Lee & Associates - Western Pennsylvania

Location

Contact Listing Broker
Dana Grau, SIOR, CCIM

Lee & Associates - Western Pennsylvania

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