The Matthews Retail Group of Colliers International is pleased to exclusively offer for sale to qualified investors the 9,026 SF Dollar General property located in Saylorsburg, PA. Dollar General has strong investment grade credit and is the industry leader for discount retail, with over 11,000 stores throughout the United States. Dollar General continue to perform well, improving their average store sales and increasing profitability year over year.
Price Upon Req.424,341 SF
JLL is pleased to exclusively offer for sale Stroud Mall ( Property ), a 424,462 SF enclosed mall located in Stroudsburg, Pennsylvania. Anchors tenants include a traditional lineup, Bon-Ton (recently executed 5 year option), JCPenney, Sears and a Cinemark 12 screen theater which opened at the end of 2011. Inline tenants include Aeropostale, Finish Line, Foot Locker, deb, Shoe Dept and Victoria' s Secret. At 98% occupancy, the mall is well positioned for further leasing while providing a stable income stream. The Offering also includes three outparcels surrounding the mall, Burger King, Texas Roadhouse and Wayne Bank. The mall portion of the improvements recently underwent a major renovation, including enhanced lighting, tile flooring, and additional customer amenities, to coincide with the opening of the new twelve-screen Cinemark Theater in 2011 (currently does more than $1,000/screen/day sales). As a result of the theater build out, the remaining small shop area has been right sized for the market boosting productivity among the tenants.
Route 611 Stroudsburg - Office/Retail complex with AMPLE on site parking. 12,000 +/- square feet. Easy access to I-80. Great visibility, and 120 feet of road frontage on Route 611. Multiple tenants. Includes a 960 square foot residence.
restaurant with liquor license Newly refurbished, successful Stroudsburg restaurant with Liquor License, excellent condition, seats 100+ with ample on-site parking. Restaurant located on this site for over 35 years. Business and liquor license for $325,000. Real estate can also be acquired separately.
Auto Sales Lot & Office, fully renovated 3000sf (=/-) office/retail building with room to expand on third level. The main level contains two private offices, a large open area, and an ADA equipped powder-room. The second level has an unfinished powder-room, a break room with kitchen sink and a cabinets and a private office. The third level allows for expansion with 7' ceiling height and is fully insulated. Some due-diligence concerning past approvals is required. Call for details.
7 Unit Townhouse Condominium Investment with approx. $84,000 GI. Each unit consist of 2 bedroom/2 bath with garage and is individually deeded, homeowners association established. Investment includes 9 +/- Acres with deeded rights to add an additional 20 Units. New community sewage system with backup. Sound purchase, call for details.
Tannersville office complex with 8,000 +/- sqft on Route 611 near the Crossings Factory Outlets. Ample on-site paved parking with great visibility and easy access to Route 80. Tannersville office complex with 8,000 +/- sqft on Route 611 near the Crossings Factory Outlets. Ample on-site paved parking with great visibility and easy access to Route 80.
Dollar General recently signed a brand new 15-year lease for their 9,100 square foot store on a 1.55-acre parcel. This is a brand new location that opened in February 2015. Dollar General is on a NNN lease in which the tenant is responsible for procuring and paying for all operating expenses including common area maintenance, property insurance as well as reimbursing the landlord for real estate taxes. Dollar General is also responsible for the repair and replacement of the parking lot as well as roof, structure, HVAC and utility systems. The lease also calls for two, five-year renewal options as well as one, four-year and 11-month option. All options have a notification period of 180 days and call for rental escalations of 10 percent per option period.