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Shops at 208 S. Main 208 S Main St 14,980 SF 100% Leased Retail Building Moscow, PA 18444 $1,312,797 ($87.64/SF) 8.49% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully leased to two major tenants: Family Dollar and Athletico Physical Therapy, providing stable, immediate cash flow
- Brand new 6-year term commenced November 2023 with six (6) 5-year renewal options and scheduled rent bumps every option period
- Positioned on S Main St (6,800 VPD) in Moscow, PA, with easy access to I-81 and proximity to Philadelphia and New York City (120 miles each)
- Anchored by nationally recognized operators—Family Dollar, with 8,000+ locations, and Athletico, one of the fastest-growing physical therapy chains
- Long-term tenant since 2016 with lease through December 2026, plus two (2) 5-year renewal options with built-in 10% increases
- Situated on 1.76 acres with a 13,519 SF building and 36 dedicated parking spaces
EXECUTIVE SUMMARY
100% leased retail investment opportunity featuring two nationally recognized tenants—Family Dollar and Athletico Physical Therapy—offering immediate, stable cash flow. Family Dollar recently signed a brand-new 6-year lease (Nov. 2023 start) with six (6) 5-year renewal options and scheduled rent increases, while Athletico has been a reliable occupant since 2016, with term through 2026 and two 5-year options with 10% escalations. The 13,519 SF building sits on a 1.76-acre parcel with 36 parking spaces and boasts excellent visibility on S Main St (6,800 VPD), minutes from I-81 and equidistant to Philadelphia and NYC (120 miles). The surrounding area features strong demographics, with average household income of $103,224 within 5 miles and a projected 3.0% population growth by 2029.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
14,980 SF
Building Class
C
Year Built
1977
Price
$1,312,797
Price Per SF
$87.64
Cap Rate
8.49%
NOI
$111,481
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.76 AC
Zoning
Commercial - Highway Commercial
Parking
36 Spaces (2.4 Spaces per 1,000 SF Leased)
Frontage
212’ on Main Street
AMENITIES
- 24 Hour Access
- Security System
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 1981504000201 | Improvements Assessment | $52,000 |
| Land Assessment | $10,000 | Total Assessment | $62,000 |
PROPERTY TAXES
Parcel Number
1981504000201
Land Assessment
$10,000
Improvements Assessment
$52,000
Total Assessment
$62,000
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