Property profile

2460 Memorial Hwy Dallas, PA 18612

OFF-MARKET
Retail properties & Spaces
14,820 SF Built 2000
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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

Current use

Occupant on record · Public records
  • Discount Store
  • Medical Laboratory Blood Testing Service
  • Pharmacy
  • Pharmacy
  • Building Supply General Contractor

Location

2460 Memorial Hwy Dallas, PA 18612
Dallas metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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