Property profile

3500 Rte Dallas, PA 18612

OFF-MARKET
Neighborhood centers
20,000 SF Built 2017
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Property summary

AI-generated overview

The Shoppes at Yalick Farms offers 20,000 square feet of retail space in a prime Dallas, PA location. This multi-tenant strip center, built in 2017, features five suites with a minimum divisible space of 1,372 square feet. Currently, 46,872 square feet are available, including three retail units and two build-to-suit pad sites (one 2,500 square feet and another 40,000 square feet on a 4-acre lot). The property sits on a 4-acre lot and enjoys high visibility on Route 415, boasting an estimated daily traffic count of 13,000 vehicles. Its strategic location near the intersection of Routes 118 and 415 provides excellent access to a large customer base. The center is conveniently located minutes from Dallas' town center, Misericordia University, Penn State Wilkes-Barre, and Route 309. Furthermore, it offers easy access to Interstates 81, 80, and 84, as well as the Pennsylvania Turnpike Extension. Recreational opportunities abound, with Harvey's Lake, Pennsylvania's largest natural lake, just 2.5 miles away. This presents a unique opportunity for businesses seeking high visibility and convenient access to a thriving community and major transportation arteries in the I-81 corridor of Northeast Pennsylvania. The property is situated within the 60-acre Yalick Farms condominium property.

Property profile

Verified
Property type Neighborhood centers
Year built 2017
Total area 20,000 SF

Cap rate & NOI

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

Location

3500 Rte Dallas, PA 18612
Dallas metro
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Value estimations

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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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