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Retail Investment Property
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951 Viewmont Dr., Scranton, PA 18519

Retail property offered for sale with a stated 7.00% cap rate and 24,000 SF.

Property Size24,000 SF
Days on Market121

Property Features for 951 Viewmont Dr.

General Information

Standard status Active
Size 24,000 SF
Property subtype Retail

Additional Details

Cap Rate 7%
Listing Agency: CBRE - Orange County
Listed By: Ian Schroeder · License #CA 01497897
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 10:16AM

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 CBRE - Orange County

Investment Insights

Based on property information with market context.

This retail property is being offered for sale as an income-focused investment, with a stated 7.00% cap rate and 24,000 SF.

The property is located at 951 Viewmont Dr., Scranton, PA 18519.

Additional details such as unit mix, tenant information, and lease terms were not provided.

Key Highlights

  • Retail property for sale with a stated 7.00% cap rate
  • Total building size: 24,000 SF

Property Analytics

Current Use

Staples Travel Services (Bike/Boat/Book/etc) Store Staples Electronics & Wireless Store Staples Print & Marketing ... (Bike/Boat/Book/etc) Store Spirit Halloween Department Store Global ProExpert, LLC Consultant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Storage Facility HVAC Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

411
Businesses Nearby
392k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 29% Home Improvements & Furnishings 22% Shops & Services 18% Apparel 17%
Sam's Club Superstores
111,903 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
44,682 visits/mo 0.4 miles
HomeGoods Home Improvements & Furnishings
39,864 visits/mo 0.4 miles
Macy's Apparel
39,576 visits/mo 0.4 miles
Sam's Club Gas Station Shops & Services
38,521 visits/mo 0.3 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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property offered for sale with a stated 7.00% cap rate and 24,000 SF.
Where is this retail space located?
The property is located at 951 Viewmont Dr. Scranton, PA.
What are key features of this property?
This property features: Retail property for sale with a stated 7.00% cap rate; Total building size: 24,000 SF
More about this property
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