120 Plaza Ln Wellsboro, PA 16901

Building Details

Year Built

1975

Listing Agency Bang Realty b***@bangrealty.com Show Phone

Listed by Brian Brockman · License #177814

Source Crexi

Added: Nov 22, 2023 Checked: Jul 17 at 2:23 pm

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Investment Insights

Based on property information with market context.

This well-maintained community plaza, situated on 8.8 acres, features 67,277 rentable square feet. The facility has a blend of medical and municipal tenants. The property includes a mix of 23 indoor and outdoor storefronts, along with 2 additional pad sites that could be developed or sold. As of June 22, 2023, the leased square footage is 65.37%, with 23,296 square feet vacant. The property has a 7.5% cap rate and significant upside potential. The property is located in Wellsboro, Pennsylvania.

Key Highlights

• 7. 5% Cap Rate indicates strong investment potential.
• Significant Upside Potential due to vacant square footage (23,296 SF).
• Strong blend of medical and municipal tenants provides stability.

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FAQs

What type of property is this?

Shopping center - Well-maintained plaza with upside potential in Wellsboro, Pennsylvania.

Where is this shopping center located?

The property is located at 120 Plaza Ln Wellsboro, PA.

What are key features of this property?

This property features: 7. 5% Cap Rate indicates strong investment potential.; Significant Upside Potential due to vacant square footage (23,296 SF).; Strong blend of medical and municipal tenants provides stability.