Mt. Pocono Crossing
For Sale
$4,051,459
3192 Pennsylvania 940, Mount Pocono, PA 18344
Retail unit available for purchase in Mt. Pocono, PA.
Property Size14,355 SF
Price / SF$282.23
Days on Market150
Property Features for 3192 Pennsylvania 940
General Information
Standard status
Active
Size
14,355 SF
Property subtype
Retail
Listing Agency:
CBRE - Philadelphia Suburban
(610) 251-5112
Listed By:
Kevin McClernon · License #RS287470
(610) 251-5112
Source:
Cbre
Added: Mar 25
Changed: Aug 12
Last Checked: Aug 21 at 10:21AM
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 CBRE - Philadelphia Suburban
Investment Insights
Based on property information with market context.
CBRE Inc. has been retained as the exclusive agent for the disposition of Unit 3, Mt. Pocono Crossing, located at 3192 Route 940, Mt. Pocono, PA. The property encompasses 14,355 square feet and is identified as a retail space.
Key Highlights
- Located at 3192 Route 940, Mt. Pocono, PA
- Part of Mt. Pocono Crossing
- Unit 3 available
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$161,881
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,237,620
$3.2M
Cap Rate 7%
$2,312,586
$2.3M
Cap Rate 9%
$1,798,678
$1.8M
Market Conditions
NOI Build-Up for 14,355 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$258.4K $18.00/SF
− Vacancy
−$27.1K −$1.89/SF
EGI
$231.3K $16.11/SF
− OpEx
−$69.4K −$4.83/SF
NOI
$161.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,237,620
Cap Rate 7%
$2,312,586
Cap Rate 9%
$1,798,678
Alternative Uses
Best Use
Retail
$2.31M
$2.02M – $2.70M
NOI $161,881 @ 7.0% cap · market cap 4.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.30M
$3.76M – $5.01M
NOI $300,766 @ 7.0% cap · market cap 7.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 18344, PA
3,497
Population
1,621
Households
2.2
Avg Household Size
43
Median Age
26%
College-Educated
83%
High-School Grad
7.8 sq mi
ZIP Area
448
Density / Sq Mi
$85,215
Median Household Income
$43,715
Median Earnings
$890
Median Rent
$171,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail unit available for purchase in Mt. Pocono, PA.
Where is this retail space located?
The property is located at 3192 Pennsylvania 940 Mount Pocono, PA.
What is the asking price?
The asking price for this property is $4,051,459.
What are key features of this property?
This property features: Located at **3192 Route 940, Mt. Pocono, PA**; Part of Mt. Pocono Crossing; Unit 3 available
