Premier Warehouse Distribution Facility For Sale or Lease

For Sale

322 Revco Road, Somerset, PA 15501

This Somerset property for sale is located at 322 Revco Road. Contact the listing broker for details on the current sale price for Premier Warehouse Distribution Facility For Sale or Lease. Premier Warehouse Distribution Facility For Sale or Lease is situated on a lot that is 34.39 acre in size.

Contacts

Dana Grau, SIOR, CCIM

Lee & Associates - Western Pennsylvania

Property Details

  • 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
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.
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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’

Getting around

  • 18/100

    Walk Score ®

  • 28/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Somerset, PA
  • Zip Code 15501

Points of Interest

  • Sheetz

    0.50 miles

  • Tesla Supercharger

    0.73 miles

  • Turkey Hill

    0.80 miles

  • GetGo

    0.84 miles

  • Kwik Fill

    1.72 miles

  • Sunoco

    2.75 miles

  • Amoco

    6.87 miles

  • Valero

    9.77 miles

  • Pizza Hut

    0.46 miles

  • Burger King

    0.49 miles

  • Subway

    0.58 miles

  • Arby's

    0.66 miles

  • Ruby Tuesday

    0.69 miles

  • Wendy's

    0.72 miles

  • McDonald's

    0.73 miles

  • Dunkin'

    0.74 miles

  • Eat'n Park

    0.78 miles

  • Gourmet Buffet

    0.79 miles

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