Property profile

6 Radcliffe Dr Moosic, PA 18507

FOR LEASE
Retail properties & Spaces
Property ID
US73-2964583
56,000 SF 1.5 ac lot
Individually Owned 9-yr Hold
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Property summary

AI-generated overview

This exceptional 56,000 square foot restaurant property in Moosic, Pennsylvania presents a unique investment opportunity. Located at 6 Radcliffe Dr, 18507, this single-tenant retail space boasts a highly desirable location, situated on a 1.5-acre lot with ample parking for 80 vehicles. The property's strategic placement offers unparalleled visibility and accessibility. It's nestled amongst three hotels: TownePlace Suites, Fairfield Inn & Suites, and Spring Hill Suites, ensuring a consistent flow of potential customers. The building itself is described as absolutely beautiful, featuring a sizable 75-seat patio area overlooking PNC Field, home of the Scranton/Wilkes-Barre RailRiders (AAA Yankees affiliate). Its proximity to Interstate Highway 81 (AADT 80,000) and the Shoppes at Montage Mountain, a large upscale shopping center, further enhances its commercial appeal. The property is in Lackawanna County and offers significant potential for a variety of restaurant or retail concepts. The entire 56,000 square feet is currently vacant, providing a blank canvas for a new business venture. This is a rare opportunity to acquire a substantial property in a high-traffic area with excellent visibility and established infrastructure.

Property profile

Verified
Property type Retail properties & Spaces
Total area 56,000 SF
Lot 1.5 ac (65,340 SF)
UPID US73-2964583

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
  • Restaurant

Location

6 Radcliffe Dr Moosic, PA 18507
Moosic metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2017
2 recorded transactions
2017
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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