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Property profile & analytics
OFF-MARKET
Lifestyle centers

495 Johnson St Wilkes-Barre Township, PA 18702

6,215 SF 0.18 ac lot Built 1980
Property ID
Property summary
AI-generated overview

This exceptional Wilkes-Barre Township, PA investment opportunity presents a fully occupied, 6,215 square foot Class B shopping center. Located at 495 Johnson St, 18702, this single-story, 5-unit retail property boasts a strong 100% occupancy rate with five tenants under NNN leases featuring annual rent increases. The property, built in 1980, sits on a 0.18-acre lot and benefits from excellent visibility and accessibility on a major thoroughfare, ensuring high traffic volume. Ample parking is available for customers and tenants. The asking price is $2,110,000, representing a compelling $339.50 per square foot and a 6.47% capitalization rate based on a Net Operating Income (NOI) of $136,488. A new roof will be installed before closing, eliminating any concerns regarding roof condition. The property is zoned C2 and offers a secure, long-term investment opportunity with established tenants and consistent income generation. This is a rare chance to acquire a well-maintained, high-performing retail asset in a desirable location. The property's strong financials and stable tenancy make it an ideal addition to any portfolio.

Property profile
Verified
Property type Lifestyle centers
Year built 1980
Total area 6,215 SF
Lot 0.18 ac (7,841 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
Current use
Occupant on record · Public records
  • Crystal Vision Center 309 WB Twp Physician
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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