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HIGHLIGHTS
- Former Rite Aid with existing cooler and storage infrastructure.
- Surrounded by strong co-tenancy and regional anchors.
- Ideal for retail tenants seeking visibility and flexibility.
- Drive-through and overhead delivery door for tenant convenience.
- Excellent access via US Route 6 and PA Route 287.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 13,813 SF | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $193,382 /YR $16,115 /MO | Triple Net (NNN) |
1st Floor
Now available for lease, this 13,813 SF retail building at 24 East Avenue in Wellsboro, PA presents a prime opportunity for retailers seeking a high-visibility location with built-in infrastructure. The property includes a drive-through, overhead delivery door, and ample parking with approximately 50 spaces. Zoned HC, the site supports a wide range of retail uses and is ideal for tenants such as grocery stores, banks, credit unions, or hardware retailers. Located in a picturesque town known for its tourism and community events, the building benefits from a steady flow of local and visitor traffic. The surrounding area includes national and regional tenants like CVS, UPMC, and Edward Jones, contributing to a strong commercial ecosystem. With 12,000 vehicles passing daily and direct access to US Route 6 and PA Route 287, tenants will enjoy excellent exposure and accessibility. The interior layout includes cooler space, storage areas, and a welcoming main entrance, making it easy to adapt for various retail formats. Wellsboro’s demographic profile—with a median age of 45 and household income nearing $63,000—supports a diverse customer base. This is a rare chance to establish a presence in a well-trafficked, community-oriented location.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Freezer Space
- Drive Thru
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT RITE AID
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Rite Aid
- Drug Store
- -
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Rite Aid | Drug Store | - | National |
PROPERTY FACTS
| Total Space Available | 13,813 SF | Gross Leasable Area | 13,813 SF |
| Property Type | Retail | Year Built | 2003 |
| Property Subtype | Drug Store | Parking Ratio | 3.69/1,000 SF |
| Total Space Available | 13,813 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 13,813 SF |
| Year Built | 2003 |
| Parking Ratio | 3.69/1,000 SF |
FEATURES AND AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
NEARBY MAJOR RETAILERS
Presented by
Rite Aid | 24 East Ave
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