Listed By: Kevin McClernon Show Phone

Source: Cbre

Added: Mar 25 Changed: Sep 29 Last Checked: Oct 12 at 6:30PM

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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 Kevin McClernon

Investment Insights

Based on property information with market context.

CBRE Inc. has been retained as the exclusive agent for the disposition of Unit 3, Mt. Pocono Crossing, located at 3192 Route 940, Mt. Pocono, PA. The property encompasses 14,355 square feet and is identified as a retail space.

Key Highlights

• Located at 3192 Route 940, Mt. Pocono, PA
• Part of Mt. Pocono Crossing
• Unit 3 available

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$161,881

Cap Rate

4.00%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,237,620 $3.2M

Cap Rate 7%

$2,312,586 $2.3M

Cap Rate 9%

$1,798,678 $1.8M

Market Conditions

NOI Build-Up for 14,355 SF

Gross rent

$258.4K $18.00/SF

− Vacancy

−$27.1K −$1.89/SF

EGI

$231.3K $16.11/SF

− OpEx

−$69.4K −$4.83/SF

NOI

$161.9K $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%

$3,237,620

Cap Rate 7%

$2,312,586

Cap Rate 9%

$1,798,678

Alternative Uses

Best Use

Retail

$2.31M

$2.02M – $2.70M (±1% cap)

NOI $161,881 @ 7.0% cap · market cap 4.00%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$4.30M

$3.76M – $5.01M (±1% cap)

NOI $300,766 @ 7.0% cap · market cap 7.42%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Bakery (Bike/Boat/Book/etc) Store Carpet & Flooring Store Cafe & Coffee Shop

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

21

Businesses Nearby

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 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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail 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?

Retail space - Retail unit available for purchase in Mt. Pocono, PA.

Where is this retail space located?

The property is located at 3192 Pennsylvania 940 Mount Pocono, PA.

What is the asking price?

The asking price for this property is $4,051,459.

What are key features of this property?

This property features: Located at **3192 Route 940, Mt. Pocono, PA**; Part of Mt. Pocono Crossing; Unit 3 available