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85 Wyoming Valley Mall
Wilkes-Barre, PA 18702
Retail Property For Sale
Investment Highlights
- • La-Z-Boy Corporate Guaranteed Lease with over (6) Years Remaining on Term
- • Tenant paid full rent throughout Covid shutdown with no deferral
- • Mundy Street serves as one of the primary retail thoroughfare in the immediate trade area with nearby national/credit tenants including Lowe’s, CVS,
- • 5% Rental increases throughout the initial term and option periods, generating healthy NOI growth
- • La-Z-Boy written same-store sales increased 14.8% for the fiscal 2021 first quarter
Property Facts
Property Type
Retail
Property Subtype
Building Size
15,644 SF
Building Class
C
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.68 AC
Zoning
Commercial
Property Taxes
| Parcel Number | 69-H10S5-002-001 | Improvements Assessment | $798,500 |
| Land Assessment | $840,000 | Total Assessment | $1,638,500 |
Property Taxes
Parcel Number
69-H10S5-002-001
Land Assessment
$840,000
Improvements Assessment
$798,500
Total Assessment
$1,638,500
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