Retail and Medical Office
For Sale
$249,000
5159 Milford Rd, East Stroudsburg, PA 18301
Commercial building on Route 209 with 110+ feet of road frontage and 7 rooms with hardwood floors.
Property Size1,778 SF
Price / SF$140.04
Days on Market3834
Property Features for 5159 Milford Rd
General Information
Standard status
Active
Size
1,778 SF
Property subtype
General Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
3
On Site.
Paved Road, City Road.
Building Details
Year Built
1902
Stories
2
Listing Agency:
Coldwell Banker Commercial Pennco R.E.
(570) 476-7711
Listed By:
Spiros Bilianis
(570) 476-7711
Source:
Xome
Added: Feb 24, 2016
Changed: Aug 23
Last Checked: Aug 24 at 5:10AM
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 Coldwell Banker Commercial Pennco R.E.
Investment Insights
Based on property information with market context.
Commercial property on Route 209 in Marshals Creek featuring a main building with 7 rooms and hardwood floors throughout. The building totals 1,334 square feet of commercial space.
Access is provided via Business Route 209 (Milford Road North). The property has 110+ feet of road frontage and is described as a high-traffic location. It is positioned adjacent to a shopping center that includes Perkins, a Wayne bank, and Retro Fitness.
The interior layout supports a range of service and retail uses, consistent with the building’s room configuration and finishes.
Access is provided via Business Route 209 (Milford Road North). The property has 110+ feet of road frontage and is described as a high-traffic location. It is positioned adjacent to a shopping center that includes Perkins, a Wayne bank, and Retro Fitness.
The interior layout supports a range of service and retail uses, consistent with the building’s room configuration and finishes.
Key Highlights
- Retail/commercial building on Route 209 in Marshalls Creek with 110+ ft of road frontage
- High‑traffic location adjacent to Perkins, Wayne Bank and Retro Fitness shopping center
- 1,334 SF commercial building with a main building featuring 7 rooms
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
$20,051
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
8.05%
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%
$401,020
$401.0K
Cap Rate 7%
$286,443
$286.4K
Cap Rate 9%
$222,789
$222.8K
Market Conditions
NOI Build-Up for 1,778 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
$32.0K $18.00/SF
− Vacancy
−$3.4K −$1.89/SF
EGI
$28.6K $16.11/SF
− OpEx
−$8.6K −$4.83/SF
NOI
$20.1K $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%
$401,020
Cap Rate 7%
$286,443
Cap Rate 9%
$222,789
Alternative Uses
Best Use
Retail
$286.4K
$250.6K – $334.2K
NOI $20,051 @ 7.0% cap · market cap 8.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$532.2K
$465.7K – $620.9K
NOI $37,253 @ 7.0% cap · market cap 14.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
115k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Dining 35%
Home Improvements & Furnishings 10%
Wawa
Shops & Services
44,400 visits/mo
0.5 miles
McDonald's
Dining
21,676 visits/mo
0.4 miles
Dollar General
Shops & Services
11,696 visits/mo
0.2 miles
Tractor Supply Co.
Home Improvements & Furnishings
11,020 visits/mo
0.4 miles
Perkins Restaurant & Bakery
Dining
8,797 visits/mo
0.1 miles
Demographics for 18301, PA
29,184
Population
11,125
Households
2.6
Avg Household Size
37
Median Age
34%
College-Educated
89%
High-School Grad
38.1 sq mi
ZIP Area
766
Density / Sq Mi
$90,488
Median Household Income
$40,202
Median Earnings
$1,350
Median Rent
$246,100
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 - Commercial building on Route 209 with 110+ feet of road frontage and 7 rooms with hardwood floors.
Where is this retail space located?
The property is located at 5159 Milford Rd East Stroudsburg, PA.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Retail/commercial building on Route 209 in Marshalls Creek with 110+ ft of road frontage; High‑traffic location adjacent to Perkins, Wayne Bank and Retro Fitness shopping center; 1,334 SF commercial building with a main building featuring 7 rooms
