3409 Birney AveMoosic, PA 18507

Property Details for 3409 Birney Ave

Lot size

27.12 AC

Property type

Super regional malls

APN

17612010014

APU

17612010014

Description

Birney Mall, located in Moosic, PA, presents a prime retail investment opportunity. This Class A, single-story strip center boasts a total of 198,443 square feet situated on a 27.12-acre lot. Currently undergoing a complete redevelopment, the center features a newly added 80,000 square foot ShopRite grocery store, anchoring a strong tenant mix including Ace Hardware, Dollar Tree, ProFitness, and Empire Beauty School. Two spaces are immediately available, ranging from 1,000 to 1,600 square feet, with a minimum divisible space of 1,000 square feet. A total of 8,000 square feet is currently vacant, offering flexibility for various uses. The property is ideally suited for medical, retail, or service-oriented businesses. Its location on Birney Avenue (Route 11) ensures high visibility and convenient access for customers. Ample parking is available for tenants and shoppers. This redevelopment project offers a unique chance to join a thriving retail center in a high-traffic area of Wilkes-Barre/Scranton. The property's size and location make it an attractive option for businesses seeking a strong presence in a growing market. Multiple inline retail spaces and pad opportunities are available.

• CAP approach

  CAP return

  Valuation

  6%

  $431,393,408

  6.5%

  $398,209,312

  7%

  $369,765,792

• Comparable approach

  Method

  Valuation

  Relative Method

  $391,588,672

  Geo Method

  $388,974,080

• Alternative Use

  Use

  Valuation

  Residential

  $335,904,448

  Hospitality

  $307,686,656

  Educational

  $255,991,696

  Medical

  $264,795,648

  Retail

  $398,209,312

Location Insight

City

Moosic

County

Lackawanna

State

Pennsylvania

Latitude

41.3755

Longitude

-75.7022

CBSA code

42540

CBSA name

SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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