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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

831 Northern Blvd Clarks Summit, PA 18411

4,000 SF 1.11 ac lot Built 2002
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 4,000-square-foot Krispy Kreme located on 1.11 acres in Clarks Summit, Pennsylvania, within the Scranton-Wilkes-Barre MSA. The property boasts a brand new 15-year absolute NNN ground lease, featuring 7.50% rent increases every five years throughout the initial term and each of the four 5-year renewal options. This high-performing location consistently ranks among the top 6% of Krispy Kreme stores nationally based on visitor data. Strategically positioned across from a 103-room Best Western hotel, it benefits from a substantial built-in customer base. The site enjoys excellent visibility and accessibility, situated along Northern Boulevard (27,217 vehicles per day) with convenient access to Interstates 476 and 81. Nearby businesses include Dairy Queen, Guytano's Tuscan Chophouse, Tully's Good Times, Sunoco, Weis Markets, Ace Hardware, Advance Auto Parts, McDonald's, Starbucks, Chipotle, and Taco Bell. The single-story building, constructed in 2002, includes 30 parking spaces. Detailed sales records are available upon request. This is a rare opportunity to acquire a proven, high-performing asset with a long-term, secure lease. The property offers a strong return on investment with built-in growth potential.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2002
Total area 4,000 SF
Lot 1.11 ac (48,352 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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