Property profile

5 Mountain Mall Shickshinny, PA 18655

OFF-MARKET
Lifestyle centers
23,187 SF 1.25 ac lot Built 1990
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Property summary

AI-generated overview

This 23,187 square foot shopping center in Shickshinny, Pennsylvania presents a compelling investment opportunity. Located on a 1.25-acre lot at 5 Mountain Mall, this single-story, 1990-built property boasts a strong tenant roster including a Family Dollar and a Chinese restaurant, with a significant amount of vacant space available for lease or owner-occupancy. The property features 100 parking spaces, three-phase electric loading docks, and a 15-foot clear height. The Family Dollar lease extends to April 30, 2033, while the Chinese restaurant lease has five years remaining with options for renewal. The substantial vacant space (approximately 14,000 square feet) offers significant potential for value-added improvements and increased rental income. The property's strategic location on a heavily traveled main street, near major businesses like Wells Fargo and CVS, ensures high visibility and accessibility. Convenient access to Routes 11 and 239 further enhances its appeal. The asking price is $1,950,000, representing a price per square foot of $84.10. The property is zoned as a Community Shopping Center and has an APN of 56-L4SE1-024-010. This is an exceptional opportunity to acquire a well-located retail property with significant upside potential.

Property profile

Verified
Property type Lifestyle centers
Year built 1990
Total area 23,187 SF
Lot 1.25 ac (54,450 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store
  • Pharmacy

Location

5 Mountain Mall Shickshinny, PA 18655
Shickshinny metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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