674 Route 196 Tobyhanna, PA 18466
This exceptional 1,180 square foot commercial space is available for lease in the thriving Carriage Square shopping center in Tobyhanna, PA. Located in Unit Q1-A at 674 Route 196, this property benefits from its position within a 16-unit, 65,000 square foot center anchored by a Rite Aid. The diverse tenant mix includes established businesses such as Family Dollar, H&R Block, Subway, a pizzeria, a tobacco store, a hair salon, and a Chinese restaurant, creating a vibrant and well-established commercial environment. The property enjoys high visibility due to its location at a lighted intersection, surrounded by the substantial Pocono Farms residential development, ensuring a consistent flow of potential customers. The strategic location offers excellent accessibility, with the major intersection of State Routes 611, 940, and 196 just 3 miles to the south. This prime location boasts a significant daily traffic count of 5,751 vehicles along State Route 196, providing exceptional exposure for your business. The property sits on a large 120.55-acre lot, offering ample parking and potential for future expansion. This is a rare opportunity to secure a well-located commercial space in a bustling community. The asking price is $12 (presumably million, though the provided data does not specify the units). Inquire today to learn more about this outstanding leasing opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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