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    199 Green Ridge St Scranton, PA 18509

    For Lease
    Contact for pricing

    Scranton, PA Shopping Center Opportunity

    Lot size:
    191,755 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Green Ridge Plaza, located at 199 Green Ridge St, Scranton, PA 18509, offers a prime retail space within a thriving shopping center. This 191,755 square foot center, built in 1986 and renovated in 2004, boasts a strong tenant mix anchored by high-volume retailers including Giant, Planet Fitness, and Dollar Tree. Available spaces range from 2,000 to 4,178 contiguous square feet, providing flexibility for various retail concepts. The center enjoys exceptional foot traffic, with approximately 1.5 million visits annually, translating to over 4,263 shopping trips daily. This high volume is attributed to its strategic location within a densely populated area, boasting roughly 19,000 residents within a one-mile radius and a lack of direct competition, particularly the absence of a full-service grocery store within the immediate vicinity. Ample parking is available with 868 spaces. This presents a unique opportunity for retailers seeking high visibility and strong sales potential in a well-established Scranton, Pennsylvania shopping center. The property offers a vibrant and successful retail environment, making it an ideal location for businesses seeking to establish or expand their presence in the Scranton market.

    Property Features for 199 Green Ridge St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    191,755 SF

    Building Details

    Year Built/Renovated
    1986/2004

    Unit(s) available at that property

    Space
    Suite 7B
    Size
    4,178 SF

    HighLights

    • 191,755 SF grocery‑anchored shopping center in Scranton, PA.
    • 1.5 million annual visits, averaging 4,263 daily shopping trips.
    • Strong tenant mix including Giant, Planet Fitness, and Dollar Tree.
    • Approximately 52,216 SF of leasable space available, including a junior anchor space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Scranton
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.6401295
    Latitude
    41.4227233

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    FAQs

    What type of property is this?
    Lifestyle center - Scranton, PA Shopping Center Opportunity
    Where is this lifestyle center located?
    The property is located at 199 Green Ridge St Scranton, PA.
    What are key features of this property?
    This property features: 191,755 SF grocery-anchored shopping center in Scranton, PA.; 1.5 million annual visits, averaging 4,263 daily shopping trips.; Strong tenant mix including Giant, Planet Fitness, and Dollar Tree.
    Request Owner's contact information
    199 Green Ridge St Scranton, PA 18509
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    Scranton, PA 18509
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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
    199 Green Ridge St Scranton, PA 18509
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