2 Newport Plz Newport, PA 17074
Newport Plaza, a thriving 64,489 square foot anchored grocery center, presents a prime retail opportunity in Newport, PA. This multi-tenant property boasts a highly desirable location along the heavily trafficked US-22/322 corridor, ensuring exceptional visibility and accessibility to the entire Perry County market. One immediately available space of 1,905 square feet is perfect for a variety of retail uses. The center enjoys a strong tenant mix, including established and reputable businesses such as Giant Grocery, Rite Aid Pharmacy, Verizon Wireless, and Subway, creating a synergistic and attractive shopping environment for customers. This established center benefits from consistent foot traffic generated by its anchor tenants, providing a built-in customer base for new businesses. The property's strategic location and the presence of well-known national brands contribute to a high-traffic, high-visibility location, ideal for businesses seeking strong brand recognition and customer reach within Perry County. The available space offers a chance to become part of a successful and established retail center, benefiting from the existing synergy and established customer base. This is an exceptional opportunity for businesses looking to establish or expand their presence in a thriving retail environment. Serious inquiries are encouraged to explore this promising retail space.
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
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.