1152 Commerce BlvdDickson City, PA 18519

For Sale
$2,400,000

High-yield, 4-tenant retail center.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Class A, 5,650 square foot shopping center in Dickson City, PA presents a compelling investment opportunity. Anchored by a Starbucks and including a Charles Schwab, this multi-tenant property boasts 100% occupancy and a strong NOI of $133,398, yielding a 5.56% cap rate. The property features four units, each under a triple-net (NNN) lease structure, providing a passive income stream with franchisee and corporate guarantees. Built in 2003, this single-story building sits on a 0.91-acre lot zoned C-G, in a prime location at 1152 Commerce Blvd, 18519. The property's strategic location within a thriving commercial area ensures consistent high traffic and strong tenant performance. The asking price is $2,400,000. This is a rare chance to acquire a stable, high-performing retail investment in a desirable Pennsylvania market. Additional tenants include a nail salon and a Great Clips. The property's strong tenant mix, excellent location, and secure lease structure make it an ideal addition to any investment portfolio. The property's parcel number is 1130303001112.

Highlights

  • Class A, 5,650 SF shopping center in Dickson City, PA.
  • Anchored by Starbucks and Charles Schwab, with 100% occupancy.
  • Strong NOI of $133,398, 5.56% cap rate, $2,400,000 asking price.
  • Four units, each with a triple-net (NNN) lease, featuring franchisee and corporate guarantees.
  • Located at 1152 Commerce Blvd, Dickson City, PA 18519, on a 0.91-acre lot (Parcel # 1130303001112), zoned C-G.

Property Details for 1152 Commerce Blvd

Property type
Lifestyle centers, Power centers
Square Feet
5,650 SF
Class
A
Year Built
2003
Stories
1
Lot Size (sq. ft)
39,640 SF
Units
4

Location Insight

City
Dickson City
County
Lackawanna
State
Pennsylvania
Latitude
41.4672168
Longitude
-75.6368565
1152 Commerce Blvd, Dickson City, Pennsylvania

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1152 Commerce Blvd
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