674 Q-1 Tobyhanna, PA 18466
This exceptional 20,762 square foot commercial space, located at 674 Route 196, Unit 1 (Q-1), Tobyhanna, PA, presents a lucrative opportunity. Situated within the 65,000 square foot Carriage Square shopping center, a 16-unit complex, this property benefits from a strong anchor tenant, Rite Aid, and a diverse mix of established businesses including Family Dollar, H&R Block, a pizzeria, tobacco store, hair salon, and Chinese restaurant. The property enjoys a highly visible location at a lighted intersection, surrounded by the substantial Pocono Farms residential development, ensuring consistent foot traffic and high visibility. The strategic location offers easy access to a major intersection of State Routes 611, 940, and 196, just 3 miles to the south. With a current traffic count of 5,751 ADT along State Route 196, this property provides unparalleled exposure to a large potential customer base. The expansive 120.55-acre lot offers ample parking and potential for future expansion. This is an ideal location for a variety of commercial ventures seeking high visibility and strong community presence in a thriving area. The property is available for lease and offers significant potential for growth and profitability. Inquire today to learn more about this exceptional opportunity.
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.