Property profile

1000 Washington Ave Scranton, PA 18505

OFF-MARKET
Lifestyle centers
Property ID
US73-2288404
12,480 SF
Individually Owned 4-yr Hold
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Property summary

AI-generated overview

This exceptional retail opportunity presents 12,480 square feet of vacant space within the Southside Shopping Center, located at 1000 S Washington Ave, Scranton, PA 18505, in Lackawanna County. The property is classified as a multi-tenant shopping center and offers flexible leasing options. Three spaces are currently available, with a minimum divisible space of 5,980 square feet and a maximum contiguous space of 6,500 square feet. The entire 12,480 square foot building is currently vacant, presenting a unique chance for a single tenant to occupy the entire center or for multiple tenants to lease individual spaces. This high-visibility location in Scranton offers excellent access and exposure to significant foot traffic. The property's address is strategically situated on S Washington Ave, providing easy access for customers and employees. This is an ideal location for businesses seeking a prominent presence in a thriving Scranton community. Interested parties are encouraged to inquire about lease terms and availability for this exceptional retail space. The property is ready for immediate occupancy.

Property profile

Verified
Property type Lifestyle centers
Total area 12,480 SF
UPID US73-2288404

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

Location

1000 Washington Ave Scranton, PA 18505
Scranton metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2017
Price N/A

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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