Building Details

Building Size 5,712 SF

Year Built 1940

Buildings 2

Listing Agency: Coldwell Banker Pennco Real Estate

Listed By: Justin Fazzari-Berg Show Phone

Source: Dpcomgroup

Added: Aug 13 Changed: Oct 6 Last Checked: Oct 5 at 3:05PM

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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 Pennco Real Estate

Investment Insights

Based on property information with market context.

This flex space offering includes two freestanding commercial buildings totaling 5,712± SF. Each building has a street-facing showroom with built-in glass display cases, dedicated office space, and additional lower-level rooms suited to inventory, workshop, back-office, or storage functions. The property includes public water and sewer, commercial zoning, a rear parking lot, and street parking. Real estate only; the operating business is not included.

Frontage along Route 611 places the buildings on a corridor serving local and tourist traffic. I-80 and Route 380 are minutes away, while Kalahari, Camelback, Mount Airy Casino, and the outlets are within a short drive. The two-building configuration supports separate occupancy, leasing, or operation under one commercial use.

Key Highlights

• 5,712± SF across two freestanding commercial buildings
• Street‑facing showrooms with built‑in glass display cases
• Each building includes dedicated office space and lower‑level rooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$64,414

Cap Rate

8.88%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,288,280 $1.3M

Cap Rate 7%

$920,200 $920.2K

Cap Rate 9%

$715,711 $715.7K

Market Conditions

NOI Build-Up for 5,712 SF

Gross rent

$102.8K $18.00/SF

− Vacancy

−$10.8K −$1.89/SF

EGI

$92.0K $16.11/SF

− OpEx

−$27.6K −$4.83/SF

NOI

$64.4K $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%

$1,288,280

Cap Rate 7%

$920,200

Cap Rate 9%

$715,711

Alternative Uses

Best Use

Retail

$920.2K

$805.2K – $1.07M (±1% cap)

NOI $64,414 @ 7.0% cap · market cap 8.88%

Second Best

Flex RnD

$570.8K

$499.5K – $665.9K (±1% cap)

NOI $39,956 @ 7.0% cap · market cap 5.51%

Theoretical Best

Office A

$1.71M

$1.50M – $1.99M (±1% cap)

NOI $119,678 @ 7.0% cap · market cap 16.51%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Auto Parts Store Locksmith Catering Service Home Appliance 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

Yes

Highway access

Yes

Paved road access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

277

Businesses Nearby

Balanced

Demand for This Use

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 Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Two freestanding buildings offer showroom, office, lower-level, and parking features for flexible commercial operations.

Where is this flex space located?

The property is located at 1418 Pocono Boulevard Mount Pocono, PA.

What is the asking price?

The asking price for this property is $725,000.

What are key features of this property?

This property features: 5,712± SF across two freestanding commercial buildings; Street‑facing showrooms with built‑in glass display cases; Each building includes dedicated office space and lower‑level rooms