495 Johnson St Wilkes-Barre Township, PA 18702
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.
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Crystal Vision Center 309 WB Twp Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.