Listing Agency: Matthews l***@matthews.com Show Phone

Listed By: Lee Cordova · License #714883

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 11:14AM

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Investment Insights

Based on property information with market context.

This auto shop is located at 220 W Market St in Scranton, Pennsylvania. The property carries an 8.00% CAP, and the lease is corporately backed by Mavis.

Key Highlights

• 8.00% CAP
• Lease corporately backed by Mavis
• Located at 220 W Market St, Scranton, PA 18508

Property Analytics

Current Use

Mavis Discount Tire (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Electrical Service HVAC Service Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

760

Businesses Nearby

109k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 49% Groceries 41% Apparel 6% Electronics 2%

Giant Food Store Groceries

35,719 visits/mo 0.4 miles

Ollie's Bargain Outlet Shops & Services

19,406 visits/mo 0.5 miles

Dollar Tree Shops & Services

13,511 visits/mo 0.5 miles

Family Dollar Shops & Services

8,148 visits/mo 0.5 miles

Goodwill Apparel

6,177 visits/mo 0.5 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

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

Questions? Ask Rey

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What type of property is this? Where is this auto shops located? What is the asking price? Find similar properties ... What are key features of this property?

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Similar Off Market Nearby

• Keslosky's Auto Services — 1320 N Main Ave, Scranton, PA 18508
• Brown's Tire Services — 1354 N Main Ave, Scranton, PA 18508
• JCs Starter & Alternator — 1510 Gardner Ave, Scranton, PA 18509
• Balendy's Garage — 1510 Gardner Ave #2, Scranton, PA 18509
• Maus Automotive Center — 1556 Albright Ave, Scranton, PA 18509

Frequently Asked Questions

What type of property is this?

Auto shop - Automotive property with a corporately backed lease associated with Mavis.

Where is this auto shop located?

The property is located at 220 W Market St Scranton, PA.

What are key features of this property?

This property features: 8.00% CAP; Lease corporately backed by Mavis; Located at 220 W Market St, Scranton, PA 18508