2270 N Susquehanna Trl
Selinsgrove, PA 17870
Mattress Warehouse · Retail Property For Sale

CBRE is pleased to exclusively present for sale this Mattress Warehouse property located on N Susquehanna Trail in Selinsgrove, Pennsylvania. This is a new, 12 year lease with over 10 years remaining and a 10% rental increase in year 7. There are also two, five year options to renew the lease with rental increases. The building is newly constructed, offering little to no deferred maintenance for the astute investor. The lease is corporately guaranteed by Mattress Warehouse, the #1 independently-owned American retailer with stores throughout the Mid-Atlantic region, for years 1-5 of the lease. Mattress Warehouse is strategically situated on N Susquehanna Trail across from the entrance of Monro Marketplace, a 500,000 square foot power center anchored by Target. Additional tenants within Monro Marketplace include Giant, ULTA, Kohl's, Michael's, PetSmart, and Starbucks. Harbor Freight, MOD Pizza and Chipotle were recently completed projects and sit adjacent to Mattress Warehouse. N Susquehanna Trail is the main retail corridor in Selinsgrove, with traffic counts of 36,000 vehicles traveling by daily. Susquehanna University, a strong economic driver for the community, is located less than 5 miles from the subject property. Marcellus Shale activity in the region has also benefited the local economy and has increased traffic throughout the market.