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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2460 Memorial Hwy Dallas, PA 18612

14,820 SF Built 2000
Property ID
Property summary
AI-generated overview

This exceptional 14,820-square-foot executive office space, located at 2460 Memorial Highway in Luzerne County, presents a unique sublease opportunity. Previously occupied by Walgreens, this single-tenant property boasts a highly desirable corner location at the southwest intersection of routes 309 and 415. The building, constructed in 2000, offers significant advantages including a convenient drive-thru, an expansive private parking lot, and excellent visibility. Its strategic placement ensures high traffic exposure and easy accessibility. The property's proximity to major retailers such as Dunkin', PNC Bank, and Verizon Wireless further enhances its appeal. Public transportation is readily available via the Memorial Highway and Huntsville Road Bus Station (Route 6). Commuters will also appreciate the property's convenient location, just minutes from the Wilkes-Barre/Scranton International Airport. The sublease is available until September 30, 2032, with all offers requiring coterminous terms. The asking price is $180,000 per annum on a modified gross lease. This presents a remarkable chance to secure a well-situated, spacious executive office space in a thriving commercial area. Don't miss this exceptional opportunity.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2000
Total area 14,820 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dollar General Discount Store
  • Labcorp at Walgreens Medical Laboratory Blood Testing Service
  • Louis Czaja Pharmacy
  • COVID-19 Drive-Thru Testing at Walgreens Pharmacy
  • FastFix Garage Door Repairs Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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