Your email has been sent.
Corry Shopping Center 320-390 W Columbus Ave 108,367 SF 83% Leased Retail Building Corry, PA 16407 $6,350,000 ($58.60/SF) 7.51% Cap Rate



Investment Highlights
- Strong National Anchor Tenancy: The center is anchored by Tractor Supply, CVS, Family Dollar, and KeyBank and other local tenants
- Additional Tax Reimbursement Income: KeyBank contributes to operating eciency by reimbursing a percentage of taxes
- Corry Plaza serves as one of the primary retail centers in the trade area, beneting from limited competing
- Favorable Expense Reimbursements: Tractor Supply operates on a lease structure where they reimburse a portion of taxes and insurance
- Diverse, Necessity-Based Tenant Mix: Tenants span from essential categories including pharmacy, discount retail, banking, wireless, and service retail
Executive Summary
The property consists of approximately 108,000 square feet and generates about $653,000 in annual income with an NOI of roughly $478,000. There is also an approximately 18,000 square foot vacancy, giving a new owner the opportunity to increase value through lease up and additional income.
The tenant mix is primarily necessity based which supports steady performance in the market. Corry Plaza serves as one of the main retail centers in the area and draws customers from over a 20 mile radius, helping support long term tenant stability and occupancy.
Overall, this is a stable, cash flowing asset with a strong tenant base and clear upside through leasing and continued rent growth.
Property Facts
Amenities
- Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
CVS Pharmacy began in 1963 as Consumer Value Stores in Lowell, Massachusetts, selling health products. The company expanded into pharmacy services in 1967 and was later acquired by Melville Corporation. Through strategic acquisitions like MinuteClinic and Caremark, CVS grew its healthcare services. The 2018 merger with Aetna made CVS Health a major player in insurance. Today, the company operates pharmacies nationwide, manages pharmacy benefits, and provides health insurance through various subsidiaries.
- Dollar Zone
- Retailer
- -
- -
- -
- -
McDonald's began in 1940 when Richard and Maurice McDonald opened a restaurant in California. The modern corporation formed in 1955 when Ray Kroc joined as a franchise agent and later purchased the company. Today, it operates numerous locations worldwide through a franchise model. While primarily a fast food chain, McDonald's also generates income from owning many restaurant properties. The company has maintained its core menu while adapting to international markets. McDonald's remains one of the most recognizable brands in the global food service industry.
- Pennsylvania Liquor Store
- Retailer
- -
- -
- -
- -
PetIQ is founded with a love of pets and a desire to improve pet lives with veterinarian recommended pet products, made here in the USA. PetIQ offers pet prescription medications, over-the-counter flea & tick preventatives, health & wellness supplements, and dog & cat treats - at savings to other brand name alternatives. The company's portfolio of brands includes Minties® Dental Treats, Advecta® and PetAction® flea and tick preventatives, VetIQ® health & wellness, Delightibles® cat treats, and Betsy Farms® dog treats. Products are distributed nationally through traditional retail partners. PetIQ is headquartered in Eagle, Idaho with manufacturing and distribution facilities in Springville, Utah; Plano, Texas; and Daytona Beach, Florida.
Fine Wine & Good Spirits is a state-operated retail chain specializing in the sale of wine, spirits, and related alcoholic beverages. The company operates under the Pennsylvania Liquor Control Board and provides a wide selection of domestic and imported products through its network of stores across the state. Its offerings include premium wines, distilled spirits, and specialty liquors, catering to both individual consumers and licensed establishments. In addition to in-store shopping, the company supports online ordering and curbside pickup services to enhance customer convenience. Fine Wine & Good Spirits was founded in 2019 and remains a key component of Pennsylvania’s regulated alcohol distribution system. The organization emphasizes compliance with state laws governing the sale of alcoholic beverages and plays a significant role in generating revenue for public programs through its operations.
Save A Lot is one of the largest discount grocers in the country, committed to providing customers with quality products at everyday low prices. Shoppers will find fresh produce, in-store cut meat, and exclusive award-winning brands that help save money. The store also offers a wide selection of popular national brands. Save A Lot focuses on keeping costs low, so customers can maximize their spending power. With a select assortment of around 1,800 frequently purchased products, they reduce the need for excess space and eliminate slow-moving items from their distribution. This streamlined approach enables them to pass the savings directly on to their customers, ensuring high-quality groceries at affordable prices every day of the week.
- Wine & Spirits Stores
- Retailer
- -
- -
- -
- -
Founded in 1991, TCC is one of the largest Verizon Authorized Retailers in the United States, operating in most states from coast to coast. TCC’s nationally-recognized Culture of Good movement ensures that employees do good and give back in every community where stores are located. Their long-standing relationship with Verizon allows the company to make its services more accessible to customers while offering unparalleled customer service and competitive pricing.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | - | - | - | - | |
| Dollar Zone | Retailer | - | - | - | - | |
|
Accommodation and Food Services | - | - | - | - | |
| Pennsylvania Liquor Store | Retailer | - | - | - | - | |
|
Retailer | - | - | - | - | |
|
Retailer | - | $9.14 | Modified Gross | Jun 2014 | |
|
Retailer | - | - | - | - | |
| Wine & Spirits Stores | Retailer | - | - | - | - | |
|
Information | - | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
The Corry Shopping Center has a strong list of retailers including: Tractor Supply Company, Family Dollar, Key Bank, CVS, Verizon, Wine & Spirits, and Joe's Smoke Shop. Vibrant Downtown Scene. 18,070 SF Available.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 18,070 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 18,070 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size | 18,070 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
The Corry Shopping Center has a strong list of retailers including: Tractor Supply Company, Family Dollar, Key Bank, CVS, Verizon, Wine & Spirits, and Joe's Smoke Shop. Vibrant Downtown Scene. 18,070 SF Available.
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-012-047.0-030.01 | Improvements Assessment | $1,026,600 |
| Land Assessment | $123,700 | Total Assessment | $1,150,300 |
Property Taxes
Presented by
Corry Shopping Center | 320-390 W Columbus Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
