Bloomsburg Retail Center For
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11001 E Scott Town Center, Bloomsburg, PA 17815
23,678 SF retail center on 4.78 acres.
Property Size23,678 SF
Lot Size4.78 Acres
Price / SF$172.36
Days on Market659
Property Features for 11001 E Scott Town Center
General Information
Standard status
Active
Size
23,678 SF
Lot size
4.78 Acres
Property subtype
Retail
Zoning
H-C
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$316,282
Building Details
Year Built
2014
Tenancy
Multi
Listing Agency:
Bennett Williams Commercial
(717) 843-5555
Listed By:
Chad Stine · License #PA RS223285L
Source:
Crexi
Added: Nov 11, 2024
Changed: Aug 31
Last Checked: Aug 29 at 9:41PM
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 Bennett Williams Commercial
Investment Insights
Based on property information with market context.
Dillon Center is a 23,678 square foot commercial and retail center situated on 4.78 acres. The property is located in the retail hub of Bloomsburg, PA. The tenant lineup includes national tenants such as Pet Supplies Plus, Staples, and Fine Wine & Good Spirits. The property is shadow-anchored by Giant, which is located across the street. Other retailers in the surrounding area include Weis Markets, Dunkin, McDonald’s, CVS, and Tractor Supply. The site is located off Route 11, which has approximately 15,000 vehicles per day, and is near Route 42, which sees approximately 14,000 vehicles per day. This property is located in one of Central PA's growing markets.
Key Highlights
- Strong national tenant lineup: features Pet Supplies Plus, Staples, and Fine Wine & Good Spirits.
- Prime retail location: situated in the retail hub of Bloomsburg, PA.
- Shadow‑anchored by Giant: benefits from the traffic generated by a major grocery store.
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
$331,359
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
8.12%
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%
$6,627,180
$6.6M
Cap Rate 7%
$4,733,700
$4.7M
Cap Rate 9%
$3,681,767
$3.7M
Market Conditions
NOI Build-Up for 23,678 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
$497.2K $21.00/SF
− Vacancy
−$23.9K −$1.01/SF
EGI
$473.4K $19.99/SF
− OpEx
−$142.0K −$6.00/SF
NOI
$331.4K $13.99/SF
Area
Columbia County, PA
Vacancy
4.80%
Lease Rate
$21.00 /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%
$6,627,180
Cap Rate 7%
$4,733,700
Cap Rate 9%
$3,681,767
Alternative Uses
Best Use
Retail
$4.73M
$4.14M – $5.52M
NOI $331,359 @ 7.0% cap · market cap 8.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.94M
$6.95M – $9.26M
NOI $555,713 @ 7.0% cap · market cap 13.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 17815, PA
28,936
Population
12,661
Households
2.3
Avg Household Size
36
Median Age
32%
College-Educated
93%
High-School Grad
125.7 sq mi
ZIP Area
230
Density / Sq Mi
$66,145
Median Household Income
$36,695
Median Earnings
$968
Median Rent
$216,700
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?
Shopping center - 23,678 SF retail center on 4.78 acres.
Where is this shopping center located?
The property is located at 11001 E Scott Town Center Bloomsburg, PA.
What is the asking price?
The asking price for this property is $4,081,054.
What are key features of this property?
This property features: Strong national tenant lineup: features Pet Supplies Plus, Staples, and Fine Wine & Good Spirits.; Prime retail location: situated in the retail hub of Bloomsburg, PA.; Shadow‑anchored by Giant: benefits from the traffic generated by a major grocery store.
