Retail Storefront
For Sale
Contact for pricing
106 Columbia Dr, East Stroudsburg, PA 18302
800 SF retail space available in J Park Plaza, formerly used as a comic store.
Property Size800 SF
Price / SF$1.50
Days on Market766
Property Features for 106 Columbia Dr
General Information
Standard status
Active
Size
800 SF
Taxes and HOA fees
Annual Taxes
$30,259
Listing Agency:
Forever Homes and Land Real Estate LLC
(570) 236-0100
Listed By:
Anthony Romano, Jr · License #RM426220
(570) 269-3090
Source:
Exprealty
Added: Sep 23, 2024
Changed: Oct 26
Last Checked: Oct 26 at 7:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Forever Homes and Land Real Estate LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering presents an 800 SF retail storefront space in J Park Plaza. The unit was previously used as a comic store, and it is being presented as available for lease. Tenant responsibility includes water and sewer.
The property is located at 106 Columbia Dr in East Stroudsburg, PA. More details about building frontage, access, and co-tenancy are not provided in the available information.
The space configuration and any remaining interior improvements are not described beyond its prior use.
The property is located at 106 Columbia Dr in East Stroudsburg, PA. More details about building frontage, access, and co-tenancy are not provided in the available information.
The space configuration and any remaining interior improvements are not described beyond its prior use.
Key Highlights
- 800 SF retail space available for lease in J Park Plaza
- Previously used as a comic store
- Tenant responsible for water/sewer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,022
Suggested Prices Based on Cap Rates
Cap Rate 5%
$180,440
$180.4K
Cap Rate 7%
$128,886
$128.9K
Cap Rate 9%
$100,244
$100.2K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$14.4K $18.00/SF
− Vacancy
−$1.5K −$1.89/SF
EGI
$12.9K $16.11/SF
− OpEx
−$3.9K −$4.83/SF
NOI
$9.0K $11.28/SF
Area
Monroe County, PA
Vacancy
10.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$180,440
Cap Rate 7%
$128,886
Cap Rate 9%
$100,244
Alternative Uses
Best Use
Retail
$128.9K
$112.8K – $150.4K
NOI $9,022 @ 7.0% cap · market cap 751.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$239.5K
$209.5K – $279.4K
NOI $16,762 @ 7.0% cap · market cap 1,396.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
107
Businesses Nearby
71k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Groceries 40%
Shops & Services 16%
Electronics 3%
Price Chopper Supermarkets
Groceries
27,883 visits/mo
0.2 miles
Wendy's
Dining
17,432 visits/mo
0.3 miles
Dunkin' Donuts
Dining
11,155 visits/mo
0.3 miles
Valero Energy
Shops & Services
9,307 visits/mo
0.4 miles
Verizon
Electronics
1,171 visits/mo
0.2 miles
Demographics for 18302, PA
17,685
Population
8,089
Households
2.2
Avg Household Size
43
Median Age
23%
College-Educated
92%
High-School Grad
62.4 sq mi
ZIP Area
283
Density / Sq Mi
$87,044
Median Household Income
$36,807
Median Earnings
$1,238
Median Rent
$219,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - 800 SF retail space available in J Park Plaza, formerly used as a comic store.
Where is this retail space located?
The property is located at 106 Columbia Dr East Stroudsburg, PA.
What are key features of this property?
This property features: 800 SF retail space available for lease in J Park Plaza; Previously used as a comic store; Tenant responsible for water/sewer
