For Sale
$1,700,000
750 Providence Rd Scranton, PA 18508
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- High-visibility Turkey Hill Mini Market in Scranton, PA, offering strong investment potential.
- $1,700,000 asking price with a Net Operating Income (NOI) of $87,725.
- 15-year lease with six 5-year options, featuring rent escalations every five years, providing long-term stability.
- Anchored by Turkey Hill, a reputable brand backed by EG Group, a major international convenience store operator with over 267 locations in PA, OH, and IN.
- Located in a high-traffic area of Scranton, serving a population exceeding 123,000 within a 5-mile radius, with a median household income of $56,251.
Property Details for 750 Providence Rd
- Property type
- Retail properties, Grocery and convenience stores
- Class
- A
- Year Built
- 2012
- Buildings
- 1
- Lot Size (sq. ft)
- 45,738 SF
Location Insight
- City
- Scranton
- County
- Lackawanna
- State
- Pennsylvania
- Latitude
- 41.417878765149
- Longitude
- -75.665573336146
Nearby Similar for Sale
FAQs
- Where is the retail property located?
- The property is located at 750 Providence Rd Scranton, PA.
- What is the asking price?
- The asking price for this property is $1,700,000.
- What are key features of this property?
- This property features: High-visibility Turkey Hill Mini Market in Scranton, PA, offering strong investment potential.; $1,700,000 asking price with a Net Operating Income (NOI) of $87,725.; 15-year lease with six 5-year options, featuring rent escalations every five years, providing long-term stability.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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