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    921 Drinker Tpke Covington, PA 18444

    Sponsored
    For Lease
    Contact for pricing

    Grocery-anchored retail center; 18,400 SF available.

    Lot size:
    100,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    The Daleville ShopRite Shopping Plaza, a thriving grocery-anchored retail center in Covington Township, Pennsylvania, presents a unique investment opportunity. Strategically located along Drinker Turnpike with multiple access points, this center enjoys a prime position as the only anchored shopping destination in the area, attracting a significant regional customer base. The 100,000 square foot plaza boasts a strong tenant mix, including popular names such as Ace Hardware, FNCB Bank, NAPA Auto Parts, Hallmark, and Fine Wine & Good Spirits, alongside the ShopRite anchor tenant. This high-traffic location and impressive co-tenancy create an exceptional environment for prospective tenants. Available spaces range from a minimum of 400 square feet to a maximum contiguous space of 15,000 square feet, with a total of 18,400 square feet currently vacant. The property is zoned C-1 and features multiple points of access for optimal convenience. This premier shopping center offers unparalleled visibility and accessibility, making it an ideal location for businesses seeking to establish or expand their presence in a thriving market. The property's APN numbers are 2120200000000, 21202010010, 2120200000000, and 21202030003, located in Lackawanna County.

    Property Features for 921 Drinker Tpke

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    100,000 SF

    Unit(s) available at that property

    Space
    4
    Size
    15,000 SF
    Space
    16A
    Size
    400 SF

    HighLights

    • Daleville ShopRite Shopping Plaza is a grocery‑anchored retail center in Covington Township, PA.
    • The center enjoys a prime location on Drinker Turnpike with multiple access points.
    • It's the only anchored shopping center in the area, making it a dominant regional destination.
    • Strong co‑tenancy includes Ace Hardware, FNCB Bank, NAPA Auto Parts, Hallmark, and Fine Wine & Good Spirits.
    • High traffic counts and a strong tenant mix create excellent opportunities for prospective tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Restaurant Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Parts Store Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.5193446
    Latitude
    41.3077957

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Lifestyle center - Grocery-anchored retail center; 18,400 SF available.
    Where is this lifestyle center located?
    The property is located at 921 Drinker Tpke Covington, PA.
    What are key features of this property?
    This property features: Daleville ShopRite Shopping Plaza is a grocery-anchored retail center in Covington Township, PA.; The center enjoys a prime location on Drinker Turnpike with multiple access points.; It's the only anchored shopping center in the area, making it a dominant regional destination.
    Request Owner's contact information
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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
    921 Drinker Tpke Covington, PA 18444
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