Premier Warehouse Distribution Facility For Sale or Lease

322 Revco Road, Somerset, PA 15501

Property Information

  • For Lease Contact for pricing
  • 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

  • Current Rent: $49,600/month, NNN (through September 30, 2026)
  • Lease Expiration: December 31, 2027
  • Rent Increase: $59,400/month, NNN (October 1, 2026 - December 31, 2027)
  • Tenant: CVS Pharmacy (Investment-Grade Credit)

1 Space Available

Space Type

Warehouse/Distribution

Lease Rate

Contact for pricing

Total Space

368,594 SF

Floor

1

Divisible Space

368,594 - 368,594 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Regional Warehouse Distribution Facility on 31+ Acres. Gross/Net Rentable Area: Total of 368,594 SF (three buildings) Number of Floors: One-story warehouse with two-story offices

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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