12-18 Kennedy Dr
Archbald, PA 18403
Retail Property For Sale

This 4,800 square foot retail building is located at the highly trafficked intersection of Kennedy Drive and Main Street, with an approximate 25,000 car count per day. Kennedy Drive and Main Street have both been recently widened to accommodate the large traffic count. The property is equipped with three rows of parking, totally 30 parking spots. This fully rented retail space has multiple long-term leases that generate $6,500 of rent each month. Many development projects are happening in the surrounding area including two, one million square foot distribution and warehouse centers and 150,000 square foot multi-family development. Long-operating tenants include a laundromat and dry cleaners (23 years ), Lab Corp (13 years), and Chinese restaurant (12 years), all of which have been located here for more than 10 years and plan to remain here for many years to come. With the new Chewy's plant being built and opening the end of summer early fall there will be over a 1000 plus new jobs. Other projects in the area will create another 1000 plus jobs. Note: Laundromat/Dry Cleaner can be purchased for an additional $390,000.