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Affordable Space

Lease prices and annual real estate taxes are much lower
in Northeastern Pennsylvania

Cut Your Costs by 34%!

On average, using an “apples to apples” comparison, the cost to lease quality industrial space is about $3.75 per square foot less in Northeastern Pennsylvania than in the Lehigh Valley.  And real estate taxes? Here, you’ll pay $0.75 to $0.95 per square foot compared to the $1.00 to $1.90 per square foot you’ll likely pay in the Lehigh Valley.  We even have special tax abatement zones where you’ll pay next to nothing.

Sample 100,000 Square Foot Industrial Space Comparison

Lehigh
Valley

Lease Rate: $11.25 Per SF, NNN
Size: 100,000 SF
Ann. RE Taxes: $1.45 per SF
Total Ann. Rent + Ann. RE Taxes:
________________________

$1,270,000

Northeastern
Pennsylvania

Lease Rate: $7.50 Per SF, NNN
Size: 100,000 SF
Ann. RE Taxes: $0.85 per SF
Total Ann. Rent + Ann. RE Taxes:
________________________

$835,000

Estimated Annual Savings

Northeastern Pennsylvania vs. Lehigh Valley =$435,000

Note: Mericle owns several properties that are located in LERTA zones (10-year, 100% real estate tax abatement on improvements). 

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