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Retail Former Pharmacy Space
For Sale
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4551 Milford Rd, East Stroudsburg, PA 18302

Former Rite Aid space offered for lease in a busy shopping center anchored by major retailers and services.

Property SizeContact for details
Days on Market905

Property Features for 4551 Milford Rd

General Information

Standard status Active

Site & Location

Traffic Count 20,000 vehicles/day
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $619,077

Amenities

signage
plentiful parking
Listing Agency: Iron Valley Real Estate Pocono
Listed By: Tracey D. Scofield
Source: Exprealty
Added: May 8, 2024 Changed: Oct 26 Last Checked: Oct 28 at 10:09AM

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 Iron Valley Real Estate Pocono

Rey
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Investment Insights

Based on property information with market context.

The former Rite Aid retail space is available for lease in whole or in part. The property is positioned at the main entry to The Crossings at Marshalls Creek and is offered with signage and public utilities. Plentiful parking supports convenient customer access.

The center is described as very busy, with established neighboring tenants including Price Chopper, LVHN/LVPG, Mavis Tire, AT&T, and Verizon. ADT is noted at over 20,000 cars per day. The landlord seeks a credit tenant for a long-term lease, and flexibility may allow multi-tenant scenarios on a case-by-case basis depending on ownership.

This offering is suited for retail users seeking a prominent in-center location at a major entry point.

Key Highlights

  • Former Rite Aid space available for lease in a busy shopping center in Marshalls Creek
  • Predominant position at the main entry to the Crossings at Marshalls Creek
  • Join national and regional tenants including Price Chopper, LVHN/LVPG, Mavis Tire, AT&T, and Verizon

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Coinhub Bitcoin ATM ... Atm Rite Aid Photo (Bike/Boat/Book/etc) Store Rite Aid Pharmacy Pharmacy higi Physician Western Union Bank

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Dental Office Electrical Service Real Estate Agency Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20,000 VPD
Traffic count
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

90
Businesses Nearby
608
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Extra Space Storage Shops & Services
608 visits/mo 0.4 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
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Drug store - Former Rite Aid space offered for lease in a busy shopping center anchored by major retailers and services.
Where is this drug store located?
The property is located at 4551 Milford Rd East Stroudsburg, PA.
What are key features of this property?
This property features: Former Rite Aid space available for lease in a busy shopping center in Marshalls Creek; Predominant position at the main entry to the Crossings at Marshalls Creek; Join national and regional tenants including Price Chopper, LVHN/LVPG, Mavis Tire, AT&T, and Verizon
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