674 Route 196 Tobyhanna, PA 18466
This exceptional 2,000 square foot commercial space is located within Carriage Square, a thriving 16-unit, 65,000 square foot neighborhood shopping center in Tobyhanna, PA. The property, situated at a well-lit intersection, benefits from high visibility and excellent access. Anchored by Rite Aid, the center boasts a diverse mix of established tenants including Family Dollar, H&R Block, Subway, a pizzeria, a tobacco store, a hair salon, and a Chinese restaurant, creating a strong synergy and attracting a consistent flow of customers. The location is strategically positioned within the Pocono Farms residential development, ensuring a readily available customer base. The property sits on a substantial 120.55-acre lot, offering ample space and potential for future expansion. Furthermore, its proximity to the major intersection of State Routes 611, 940, and 196 (just 3 miles south) provides easy access for customers and employees alike. With a current traffic count of 5,751 ADT along State Route 196, this property presents a unique opportunity for businesses seeking high visibility and a strong customer base in a rapidly growing area. The asking price for this exceptional space is $14 (presumably million, though the provided data does not specify the unit). This is a rare opportunity to establish or expand your business in a prime Pocono Mountains location.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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