Current Use by Public Records
- Fine Wine & Good Spirits #6404 / (Bike/Boat/Book/etc) Store
- Cricket Wireless Authorized Retailer / Mobile Phone Store / Electronics & Wireless Store
- Planet Fitness / Gym & Fitness Center
- Amazon Locker - Lockstitch / Postal Service / Courier Service
- Two Guys From Italy / Restaurant
Property Details for 1199 Texas Palmyra Hwy
- Property type
- Neighborhood centers
- Property subtype
- Retail properties & Spaces
Description
This exceptional retail property, located at 1199 Texas Palmyra Highway in Honesdale, Pennsylvania, 18431, presents a compelling investment opportunity. The property boasts a total of 132,600 square feet of gross leasable area situated on a 2-acre lot. Currently, there are four available spaces ranging in size from 1,500 square feet to 87,120 square feet, providing flexibility for various retail tenants. The center is strategically positioned at the intersection of Route 6 and Old Willow Avenue, ensuring high visibility and accessibility. A key advantage is its prominent location as the dominant retail center in the region, anchored by Weis Markets. The property is conveniently located approximately 25 miles north of Scranton, offering access to a substantial customer base. Further enhancing its appeal, the center includes a recently renovated movie theater. A total of 4,000 square feet is currently vacant, presenting an immediate opportunity for lease income generation. This property offers a unique blend of established tenancy and expansion potential, making it an ideal investment for discerning buyers seeking a strong return in a thriving retail market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Honesdale
- County
- Wayne
- State
- Pennsylvania
- Longitude
- -75.2277
- Latitude
- 41.5518
