2456 Sans Souci PkwyWilkes-Barre, PA 18706
- Mixed-use properties
- 4.88 AC
Property Details for 2456 Sans Souci Pkwy
- Lot size
- 4.88 AC
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 25-J8S4-002-11A
- APU
- 25J8S400211A
Description
2456 Sans Souci Parkway presents a compelling retail investment opportunity in Wilkes-Barre, PA. This 37,520 square foot anchored shopping center offers multiple tenancy options, with three spaces currently available, ranging from 1,200 to 1,600 square feet. The property boasts a highly visible location, strategically situated near the Route 29 on/off ramp, providing convenient access to Route 11 and Interstate 81. Ample parking ensures customer convenience, while excellent signage opportunities maximize visibility and brand exposure. The center benefits from its proximity to a strong concentration of national retailers, including Goodwill, Weis Markets, Burger King, CVS, and Rite Aid, creating a vibrant and established retail environment. Furthermore, its location near the area's industrial hub provides access to a substantial workforce. This is an exceptional chance for retailers seeking to establish or expand their presence in a thriving Wilkes-Barre neighborhood, alongside an existing Tractor Supply store. A total of 2,400 square feet is currently vacant, offering immediate occupancy potential. The minimum divisible space is 1,200 square feet, making it suitable for a variety of retail concepts. Located in Luzerne County, this property offers a unique blend of accessibility, visibility, and established market presence.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $32,810,642
- 6.5%
- $30,286,746
- 7%
- $28,123,408
-
Comparable approach
- Method
- Valuation
- Relative Method
- $16,299,998
- Geo Method
- $27,774,788
-
Alternative Use
- Use
- Valuation
- Residential
- $37,555,568
- Hospitality
- $34,400,696
- Educational
- $28,620,976
- Medical
- $29,605,296
- Retail
- $44,521,520
Location Insight
- City
- Hanover Township
- County
- Luzerne
- State
- Pennsylvania
- Latitude
- 41.2083
- Longitude
- -75.9762
- CBSA code
- 42540
- CBSA name
- SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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