Established Vape Shop on
For Sale
$750,000
816 Scranton Carbondale Hwy, Scranton, PA 18519
Turn-key vape shop with high traffic location and parking.
Property Size3,600 SF
Price / SF$208.33
Days on Market169
Property Features for 816 Scranton Carbondale Hwy
General Information
Standard status
Active
Size
3,600 SF
Building Details
Year Built
1975
Listing Agency:
REALTY NETWORK GROUP
Listed By:
Ann A Sheroda · License #AB067350
(570) 498-4990
Source:
Revolvepa
Added: Mar 26
Changed: Sep 8
Last Checked: Sep 9 at 9:02PM
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 REALTY NETWORK GROUP
Investment Insights
Based on property information with market context.
This is a full-service vape shop catering to smokers who want to quit, featuring 500 flavors. The turn-key business occupies a 3,600 square foot location on a high-traffic section of Business Route 6, offering convenient access. A large parking lot is available to accommodate the flow of customers to this thriving business.
Key Highlights
- Turn‑key, full‑service vape shop business opportunity.
- Extensive selection of 500 flavors caters to a broad customer base.
- High‑traffic location on Business Route 6 with easy access.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,831
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$676,620
$676.6K
Cap Rate 7%
$483,300
$483.3K
Cap Rate 9%
$375,900
$375.9K
Market Conditions
NOI Build-Up for 3,600 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$54.0K $15.00/SF
− Vacancy
−$5.7K −$1.58/SF
EGI
$48.3K $13.43/SF
− OpEx
−$14.5K −$4.03/SF
NOI
$33.8K $9.40/SF
Area
Lackawanna County, PA
Vacancy
10.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$676,620
Cap Rate 7%
$483,300
Cap Rate 9%
$375,900
Alternative Uses
Best Use
Retail
$483.3K
$422.9K – $563.9K
NOI $33,831 @ 7.0% cap · market cap 4.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$913.7K
$799.5K – $1.07M
NOI $63,962 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
569
Businesses Nearby
699k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 24%
Shops & Services 24%
Apparel 19%
Dining 18%
Walmart
Superstores
165,270 visits/mo
0.3 miles
T.J. Maxx
Apparel
59,888 visits/mo
0.2 miles
The Home Depot
Home Improvements & Furnishings
51,753 visits/mo
0.2 miles
Burlington
Apparel
45,592 visits/mo
0.3 miles
PetSmart
Shops & Services
33,349 visits/mo
0.2 miles
Demographics for 18519, PA
5,000
Population
2,672
Households
1.9
Avg Household Size
45
Median Age
26%
College-Educated
86%
High-School Grad
2.4 sq mi
ZIP Area
2,083
Density / Sq Mi
$58,061
Median Household Income
$44,533
Median Earnings
$924
Median Rent
$165,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Turn-key vape shop with high traffic location and parking.
Where is this retail space located?
The property is located at 816 Scranton Carbondale Hwy Scranton, PA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Turn‑key, full‑service vape shop business opportunity.; Extensive selection of 500 flavors caters to a broad customer base.; High‑traffic location on Business Route 6 with easy access.
