Listing Contacts
Kenneth Yanni
License: PA RS323884
Bart Delfiner
License: PA RS223488L
David Derienzo
License: PA RS331018
Asking Price
$29,121,000
Address
4547 Milford Road
East Stroudsburg, PA
Property Details
Asking Price
$29,121,000
Property Type
Retail
Sub Type
Shopping Center
Tenancy
Multi
Number of Tenants
15
Remaining Term
13 years
Square Footage
106,616
Price/Sq Ft
$273.14
Occupancy
98%
Year Built
2013
Buildings
5
Permitted Zoning
C1
Lot Size (acres)
12.58
Ownership
Fee Simple | Debt Encumbered
Property Description
Equity Retail Brokers is pleased to Exclusively offer Crossings at Marshalls Creek, a grocery-anchored shopping center located in the heart of the beautiful Pocono Mountains. The Shopping Center is anchored by a well-established Price Chopper supermarket and is complemented by an attractive mix of national and local tenants.
Property Highlights
  • Newer construction with no capital expenses required in the foreseeable near-future
  • Diverse mix of tenants
  • Property is situated on Milford Rd, a busy corridor with approximately 20,303 VPS (Penn DOT 2018)
  • High-quality construction
  • Over 13 years of lease term remaining on corporately-guuranteed anchor tenant
  • 98% occupied with 15 tenants