For Sale
$2,350,000
106 Plz 611 Ln Stroudsburg, PA 18360
NNN Leased Retail Center, High NOI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- 100% occupied by three tenants with NNN leases; average lease term of 5.1 years, including options and 10% rental increases every five years.
- Anchored by national tenants Mattress Warehouse and Lendmark Financial.
- Less than half-mile from I-80 Exit 302 (63,500 VPD).
- Strong performing nearby retailers (TJ Maxx, Chick-fil-A, Giant, Lowe's) exceeding national averages.
- Prime Stroudsburg, PA location, five miles from Delaware Water Gap.
- Located in a high-traffic retail corridor (19,700 VPD) with numerous national retailers.
Property Details for 106 Plz 611 Ln
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 8,003 SF
- Buildings
- 1
- Lot Size (sq. ft)
- 71,438 SF
Location Insight
- City
- Stroudsburg
- County
- Monroe
- State
- Pennsylvania
- Latitude
- 40.999364516962
- Longitude
- -75.25905184003
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - NNN Leased Retail Center, High NOI
- Where is the lifestyle center located?
- The property is located at 106 Plz 611 Ln Stroudsburg, PA.
- What is the asking price?
- The asking price for this property is $2,350,000.
- What are key features of this property?
- This property features: 100% occupied by three tenants with NNN leases; average lease term of 5.1 years, including options and 10% rental increases every five years.; Anchored by national tenants Mattress Warehouse and Lendmark Financial.; Less than half-mile from I-80 Exit 302 (63,500 VPD).
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