1912 River Rd North Apollo, PA 15613
- Lifestyle centers
Current Use by Public Records
- The Salvation Army Thrift Store & Donation Center / Thrift Store / Second Hand Store
Property Details for 1912 River Rd
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
Mid-Towne Plaza, located at 1912 River Rd, Apollo, PA 15613, presents a compelling investment opportunity in Armstrong County. This established shopping center comprises a 24,600 square foot strip center with six units, boasting 96% occupancy, and an additional 8,000 square foot outparcel. The property is offered at an asking price of $2,657,958 and generates a substantial net operating income (NOI) of $229,492, making it an attractive cash-flow investment. Situated in the heart of North Apollo, this retail center benefits from a strong tenant base and high occupancy rates, indicating a stable and profitable investment. The property's size and configuration offer flexibility for potential future development or expansion. The combination of a well-occupied main building and a sizable outparcel provides significant potential for increased revenue and return on investment. Detailed financial information is available upon request. This is a rare opportunity to acquire a thriving retail property in a desirable location. The property's strong performance and location make it an ideal addition to any investment portfolio. Serious inquiries are encouraged.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Apollo
- County
- Armstrong
- State
- Pennsylvania
- Longitude
- -79.5566
- Latitude
- 40.597
