1850 N Gravers — Sale in Plymouth Meeting, PA

  • Price: $3
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Plymouth Meeting, PA 19462
  • Size: 70,340 SF
  • Year built: 1972

Photos

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Description

Jones Lang LaSalle Americas, Inc (“JLL”), has been retained on an exclusive basis to arrange the sale of 1850 N. Gravers (the “Property”). The Property is a premier, institutional-grade flex facility featuring best-in-class infrastructure and a fully stabilized tenant roster in the highly desirable Plymouth Meeting submarket. The Property presents an incoming investor with an exceptional combination of immediate income certainty and significant embedded value creation. Currently 100% leased to two established tenants with a 5.6-year weighted average lease term, the asset delivers stable, predictable cash flow from day one. With inplace rents approximately 19.5% below current market rates for comparable flex space, new ownership will benefit from substantial mark-to-market opportunity as leases naturally expire, creating a clear path to NOI growth and value appreciation without additional capital investment or repositioning risk. The 70,340 square foot facility was constructed in 1972 and transformed through a comprehensive $2.8 million capital improvement program completed between 2022-2026. The Property now delivers institutional-grade infrastructure featuring 16'-21' clear heights, multiple loading docks and drive-in doors, private tenant entrances, 4,000 amps of building power, increased water lines, and flexible open floor plans with 37-foot column spacing. This best-in-class infrastructure accommodates diverse operational requirements across R&D, life sciences, light manufacturing, warehouse/distribution, and specialized uses, positioning the Property to attract and retain quality tenants across multiple flex sectors. The Property benefits from its strategic position within the Plymouth Meeting submarket, offering tenants unmatched regional connectivity and access to a deep labor pool. Located within minutes of I-476 (Blue Route) and I-276 (Pennsylvania Turnpike), the Property provides efficient distribution routes throughout the Greater Philadelphia region

Market Context

This industrial in Plymouth Meeting, PA is listed for sale at $3 across 70,340 SF. The building dates to 1972. Compare it against other industrial listings for sale in Plymouth Meeting, PA — view the full market.

As of Q1 2026, the Philadelphia industrial market showed rents up 3.8% year over year. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

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