632 Carey Ave, Wilkes Barre, PA 18702
Absolute triple-net ground lease featuring a Turkey Hill convenience store and gas station on Carey Avenue.
- Added:
- Jul 7, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 9 at 2:31 am
Property Features for 632 Carey Ave
General Information
- Standard status
- Active
- Property subtype
- Retail
Building Details
- Year Built
- 1988
Listing office Matthews (214) 692-2191
Listing date Jul 7, 2026
Source Crexi
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
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
- Lease extension executed in 2018; includes rent increases of 8% every 5 years plus four additional 5‑year renewal options
- Lamar billboard income of $4,400 annually; lease expires December 31, 2028 with one 25‑year renewal option
- More than 117,306 residents within a 5‑mile radius
Overview
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.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wilkes Barre
- County
- Luzerne
- State
- Pennsylvania
- Longitude
- -75.918108
- Latitude
- 41.234396