Turkey Hill Convenience Store &
For Sale
Contact for pricing
632 Carey Ave, Wilkes Barre, PA 18702
Absolute triple-net ground lease featuring a Turkey Hill convenience store and gas station on Carey Avenue.
Property SizeContact for details
Days on Market48
Property Features for 632 Carey Ave
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$76,400
Additional Details
Traffic Count
13,766 vehicles/day
Building Details
Year Built
1988
Tenancy
Single
Listing Agency:
Matthews
(214) 692-2191
Listed By:
Lee Cordova · License #714883
Source:
Crexi
Added: Jul 7
Changed: Aug 8
Last Checked: Jul 14 at 5:24PM
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 Matthews
Investment Insights
Based on property information with market context.
This absolute triple-net (NNN) ground lease property features a Turkey Hill convenience store and gas station at 632 Carey Ave in Wilkes Barre, Pennsylvania. The tenant has continuously operated at this location since 1988, and the lease was extended by 10 years in 2018. The lease includes rent increases of 8% every 5 years and provides four additional 5-year renewal options.
The property offers visibility and accessibility along Carey Avenue, with traffic counts reported to exceed 13,766 vehicles per day. The site also includes an additional income component from a Lamar billboard, generating $4,400 annually, with a lease expiration of December 31, 2028 and one 25-year renewal option.
The property offers visibility and accessibility along Carey Avenue, with traffic counts reported to exceed 13,766 vehicles per day. The site also includes an additional income component from a Lamar billboard, generating $4,400 annually, with a lease expiration of December 31, 2028 and one 25-year renewal option.
Key Highlights
- Absolute triple‑net (NNN) ground lease for a Turkey Hill convenience store and gas station at 632 Carey Ave, Wilkes‑Barre, PA
- Tenant has continuously operated at the location since 1988; Turkey Hill is operated by EG Retail (America), LLC
- Traffic counts on Carey Avenue exceed 13,766 vehicles per day
Property Analytics
Property Profile
Current Use
Lease Details
13,766 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
735
Businesses Nearby
95k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 37%
McDonald's
Dining
24,772 visits/mo
0.3 miles
Dollar General
Shops & Services
11,527 visits/mo
0.4 miles
Burger King
Dining
11,441 visits/mo
0.2 miles
Turkey Hill Minit Market
Shops & Services
11,362 visits/mo
0.0 miles
Taco Bell
Dining
10,772 visits/mo
0.1 miles
Demographics for 18702, PA
42,133
Population
19,738
Households
2.1
Avg Household Size
40
Median Age
23%
College-Educated
87%
High-School Grad
78.1 sq mi
ZIP Area
539
Density / Sq Mi
$54,892
Median Household Income
$36,911
Median Earnings
$971
Median Rent
$115,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute triple-net ground lease featuring a Turkey Hill convenience store and gas station on Carey Avenue.
Where is this nnn property located?
The property is located at 632 Carey Ave Wilkes Barre, PA.
What is the asking price?
The asking price for this property is $1,152,000.
What are key features of this property?
This property features: Absolute triple‑net (NNN) ground lease for a Turkey Hill convenience store and gas station at 632 Carey Ave, Wilkes‑Barre, PA; Tenant has continuously operated at the location since 1988; Turkey Hill is operated by EG Retail (America), LLC; Traffic counts on Carey Avenue exceed 13,766 vehicles per day
