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    2 Newport Plz Newport, PA 17074

    For Lease
    Contact for pricing

    Perry County Retail Space Available

    Lot size:
    64,489 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    Newport Plaza, a thriving 64,489 square foot anchored grocery center, presents a prime retail opportunity in Newport, PA. This multi-tenant property boasts a highly desirable location along the heavily trafficked US-22/322 corridor, ensuring exceptional visibility and accessibility to the entire Perry County market. One immediately available space of 1,905 square feet is perfect for a variety of retail uses. The center enjoys a strong tenant mix, including established and reputable businesses such as Giant Grocery, Rite Aid Pharmacy, Verizon Wireless, and Subway, creating a synergistic and attractive shopping environment for customers. This established center benefits from consistent foot traffic generated by its anchor tenants, providing a built-in customer base for new businesses. The property's strategic location and the presence of well-known national brands contribute to a high-traffic, high-visibility location, ideal for businesses seeking strong brand recognition and customer reach within Perry County. The available space offers a chance to become part of a successful and established retail center, benefiting from the existing synergy and established customer base. This is an exceptional opportunity for businesses looking to establish or expand their presence in a thriving retail environment. Serious inquiries are encouraged to explore this promising retail space.

    Property Features for 2 Newport Plz

    General Information

    Property type
    Shopping centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    64,489 SF

    Unit(s) available at that property

    Space
    8
    Size
    1,905 SF

    HighLights

    • 64,489 square foot anchored retail center in Newport, PA.
    • One 1,905 square foot retail space available.
    • Located on US‑22/322 in Perry County, offering excellent accessibility.
    • Strong tenant mix including Giant, Rite Aid, Verizon, and Subway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newport
    County
    Perry
    State
    Pennsylvania
    Longitude
    -77.1127622
    Latitude
    40.4938348

    Nearby Comparable

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      Commercial Land Near Newport Plaza

      Commercial land with high visibility and access for lease.
      14 W Shortcut Rd, Newport, PA 17074
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      10,004 SF

      Anchored Grocery Center Retail Space

      64,489 SF shopping center anchored by Giant Grocery.
      2-14 Newport Plz, Newport, PA
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      Prime Retail Location in Millersburg

      Excellent visibility in established shopping center near local attractions.
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      Industrial Campus with Extensive Parking

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    Nearby Similar for Lease

    • Contact for pricing
      10,004 SF

      Anchored Grocery Center Retail Space

      64,489 SF shopping center anchored by Giant Grocery.
      2-14 Newport Plz, Newport, PA
      View Details

    FAQs

    What type of property is this?
    Shopping center - Perry County Retail Space Available
    Where is this shopping center located?
    The property is located at 2 Newport Plz Newport, PA.
    What are key features of this property?
    This property features: 64,489 square foot anchored retail center in Newport, PA.; One 1,905 square foot retail space available.; Located on US-22/322 in Perry County, offering excellent accessibility.
    Request Owner's contact information
    2 Newport Plz Newport, PA 17074
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    Newport, PA 17074
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Newport Plz Newport, PA 17074
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