1199 Texas Palmyra Hwy Honesdale, PA 18431
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.
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Fine Wine & Good Spirits #6404 (Bike/Boat/Book/etc) Store
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Cricket Wireless Authorized Retailer Mobile Phone Store Electronics & Wireless Store
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Planet Fitness Gym & Fitness Center
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Amazon Locker - Lockstitch Postal Service Courier Service
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Two Guys From Italy Restaurant
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.