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Property profile & analytics
FOR LEASE
Outlet malls

4555 Milford Rd East Stroudsburg, PA 18302

47,427 SF 12.58 ac lot Built 2012
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US73-3447953
Property summary
AI-generated overview

This exceptional retail property, formerly a Rite Aid, offers 14,673 square feet of versatile space available for lease, divisible to a minimum of 2,500 square feet. Located at 4551 Milford Rd in East Stroudsburg, PA 18302, this Class A property boasts a prime location at the main entrance to the Crossings at Marshalls Creek, ensuring high visibility and accessibility. The property features four buildings situated on 12.58 acres of land, providing ample space for various retail or restaurant uses. With over 70 parking spaces and convenient access to public utilities, this location is ideal for businesses seeking a strong presence in a thriving commercial area. Built in 2012, the property benefits from modern amenities including elevators. The zoning is EDD COMMERCIAL, and the property enjoys an average daily traffic count exceeding 20,000 vehicles. This presents a significant opportunity for businesses to establish themselves in a high-traffic area alongside established tenants such as Price Chopper, LVHN/LVPG, Mavis Tire, AT&T, and Verizon. The property taxes are $7 per square foot. While the entire 14,673 square feet is currently vacant, the owner is open to considering multi-tenant scenarios on a case-by-case basis. A strong credit tenant is preferred for a long-term lease. Excellent signage opportunities are available.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2012
Total area 47,427 SF
Lot 12.58 ac (547,985 SF)
Zoning code C1
APN 09.9A.1.38-3
UPID US73-3447953
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
  • Coinhub Bitcoin ATM Teller Atm
  • Rite Aid Photo (Bike/Boat/Book/etc) Store
  • Rite Aid Pharmacy Pharmacy
  • higi Physician
  • Western Union Bank Credit Union
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
Suburban Park Development Assn LLC · 3 yrs held
Suburban Park Development Assn LLC
since 2022
Last sale
$25.7M
6 recorded transactions
2023
Price N/A
2022
$25.7M
2016
$23,650
2012
Price N/A
2012
$6.3M
2012
$4.9M
Zoning & alternative use
C1 · East Stroudsburg, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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