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Rite Aid (Dunmore, PA) 217 S Blakely St 11,180 SF Retail Building Scranton, PA 18512 $3,900,000 ($348.84/SF) 9.32% Cap Rate
EXECUTIVE SUMMARY
11,180 Sq. Ft. | NNN | Limited Landlord Responsibility | 8-Year Lease Term Remaining | (6) 5-Yr Options
Signalized Corner & High Visibility | Amazon Lockers Inside the Store
2-Car Drive-Thru | 40 +/- Surface Parking Spots | 2 Points of Ingress/Egress
Stellar Demos: 119,162 PPL & $79,371 HHI w/ 5-Mile
Surrounding Tenants: UPS Store, Rita’s Italian Ice & Custard, Verizon Business, AT&T Store, Pizza Hut & Grande Pizza Restaurant, People’s Security Wealth Advisors, Nook Salon, & Liberty Tax
Signalized Corner & High Visibility | Amazon Lockers Inside the Store
2-Car Drive-Thru | 40 +/- Surface Parking Spots | 2 Points of Ingress/Egress
Stellar Demos: 119,162 PPL & $79,371 HHI w/ 5-Mile
Surrounding Tenants: UPS Store, Rita’s Italian Ice & Custard, Verizon Business, AT&T Store, Pizza Hut & Grande Pizza Restaurant, People’s Security Wealth Advisors, Nook Salon, & Liberty Tax
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,180 SF
Building Class
C
Year Built
2007
Price
$3,900,000
Price Per SF
$348.84
Cap Rate
9.32%
NOI
$363,480
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.14 AC
Zoning
B-1 - General Business District
Parking
22 Spaces (1.96 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signalized Intersection
- Drive Thru
Walk Score®
Very Walkable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 14650020030 | Improvements Assessment | $192,000 |
| Land Assessment | $13,200 | Total Assessment | $205,200 |
PROPERTY TAXES
Parcel Number
14650020030
Land Assessment
$13,200
Improvements Assessment
$192,000
Total Assessment
$205,200
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Rite Aid (Dunmore, PA) | 217 S Blakely St
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