Investment Overview
Newmark is pleased to offer an exceptional industrial opportunity in Langhorne, PA, this 48,817 SF building, originally constructed in 1982 and meticulously renovated in 2026, presents a compelling investment prospect for manufacturing and industrial investors. With Fortress Credit as the landlord and Tesla, Inc. (S&P: BBB) as the tenant, offering fixed 3% annual increases, this property promises a secure and profitable investment. Boasting two 5-year renewal options and priced on Year 2 NOI, this facility aligns with the strategic goals of industrial investors seeking a stable, high-quality asset with long-term potential and a strong tenant in place.
Investment Highlights
- Fortress Credit | Tesla, Inc. (S&P: BBB)
- New 10-Year Lease | Fixed 3% Annual Increases | 2 (5-Year) Renewal Options
- 2026 Renovation | Mission-Critical Service & Collision Repair Center
- Affluent, High-Density Philadelphia MSA Trade Area
- Dominant Retail Corridor in between Trenton & Philadelphia
- Best-In-Class Tenant | Irreplaceable EV Service Footprint