Technical
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Property profile

11 Ricky Ave Bloomsburg, PA 17815

OFF-MARKET
Retail properties & Spaces
4,685 SF 1.81 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 4,685 square foot Ruby Tuesday restaurant and Tesla Supercharger station situated on a 1.81-acre lot in Bloomsburg, Pennsylvania. Located at 11 Ricky Ave, this single-tenant property boasts a prime location at the Interstate 80/PA 42 interchange, placing it within the heart of a thriving retail corridor. The property benefits from its proximity to major shopping centers like Columbia Mall (352,000 sq ft) and Buckhorn Plaza (382,000 sq ft), as well as numerous national retailers including Home Depot, Walmart, Lowe's, Marshalls, Petco, and Starbucks. The Ruby Tuesday restaurant, operating successfully since 2005, offers potential for increased rental income. The co-located Tesla Supercharger station, part of a network exceeding 17,000 individual chargers across the US (as of Summer 2023), provides a significant additional revenue stream and enhances the property's value. The property's strategic location also benefits from its proximity to Geisinger Health, employing over 600 people less than a quarter mile away, and Bloomsburg University of Pennsylvania, with over 7,000 students. Further upside potential exists due to Geisinger's planned $180 million orthopedic care facility near the Columbia Mall and its pending acquisition by Kaiser Permanente. The asking price for this owner-user investment is $2,000,000, translating to $426.89 per square foot.

Property profile

Verified
Property type Retail properties & Spaces
Total area 4,685 SF
Lot 1.81 ac (78,844 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Electric Vehicle Charging Station

Location

11 Ricky Ave Bloomsburg, PA 17815
Bloomsburg metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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