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Land Lease Restaurant Site
For Lease
$15,000/Mo

1502 Scranton Carbondale Hwy, Scranton, PA 18508

Land-lease offering with an existing 12,000-sf building on a busy corridor in Dickson City.

Space SizeContact for details
Days on Market95

Property Features for 1502 Scranton Carbondale Hwy

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $58,090
Listing Agency: ERA One Source Realty
Listed By: Bonnie Borgna-Kiehart · License #RS293704
Source: Exprealty
Added: May 19 Changed: Aug 20 Last Checked: Aug 20 at 1:33PM

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 ERA One Source Realty

Investment Insights

Based on property information with market context.

This offering is structured as a land lease with an existing building already constructed at the site. The property is described as a 12,000 square foot building on a commercial land parcel, with taxes identified as applying to the entire plaza. The final tax amount is stated to be subject to determination by the tax office.

The location is along the Scranton Carbondale Highway (Route 6), in the business district of Dickson City. The public remarks indicate the site is just minutes from Interstates 81, local malls, Walmart, and other established restaurants, businesses, and retailers.

For restaurant operators and related concepts seeking a prepared site, the existing building provides a starting point for occupancy under a land-lease framework. Because the property is presented as land-lease with a built structure, interested tenants should confirm building condition, intended use requirements, and lease terms directly with the owner or leasing agent. Taxes are referenced as approximately for the entire plaza, with the final amount to be confirmed through the local tax office.

Key Highlights

  • Land‑lease offering with an existing 12,000‑sf building already built
  • Located on highly traveled Scranton‑Carbondale Highway (Rte 6) in the business district of Dickson City
  • Just minutes from I‑81, malls, Walmart, and other restaurants, businesses, and retailers

Property Analytics

Current Use

Red Lobster Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Storage Facility Grocery & Convenience Store Parking Lot & Garage

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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

301
Businesses Nearby
633k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 26% Dining 23% Groceries 17% Shops & Services 16%
Walmart Superstores
165,270 visits/mo 0.4 miles
Wegmans Groceries
77,669 visits/mo 0.4 miles
Kohl's Apparel
64,138 visits/mo 0.2 miles
Five Below Shops & Services
46,627 visits/mo 0.3 miles
Hobby Lobby Shops & Services
42,061 visits/mo 0.3 miles

Demographics for 18508, PA

11,664
Population
5,466
Households
2.1
Avg Household Size
40
Median Age
18%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
1,715
Density / Sq Mi
$44,706
Median Household Income
$31,055
Median Earnings
$1,034
Median Rent
$120,700
Median Home Value

Market

Lease Benchmarks for Scranton, PA

$19.18 /SF/Yr
Avg Asking Price
$11.71–$25 /SF/Yr
Price Range
4,705 SF
Avg Space Size

This space is priced 22% below the average of $19.18 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Land-lease offering with an existing 12,000-sf building on a busy corridor in Dickson City.
Where is this conventional restaurant located?
The property is located at 1502 Scranton Carbondale Hwy Scranton, PA.
What is the lease rate?
The lease rate is $15,000/Mo.
What are key features of this property?
This property features: Land‑lease offering with an existing 12,000‑sf building already built; Located on highly traveled Scranton‑Carbondale Highway (Rte 6) in the business district of Dickson City; Just minutes from I‑81, malls, Walmart, and other restaurants, businesses, and retailers
More about this property
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