Listing Contacts
Bart Delfiner
License: PA RS223488L
David Derienzo
License: PA RS331018
Rate
Undisclosed
Address
51 N 3rd Street
Stroudsburg, PA
Property Details
Property Type
Retail
Sub Type
Shopping Center
Investment Type
Value Add
Tenancy
Multi
Square Footage
130,580
Permitted Zoning
MU-A Mixed Use
Lot Size (acres)
7.7
Parking (spaces)
352
Ownership
Fee Simple
Property Description
On behalf of ownership, Equity Retail Brokers is pleased to present Monroe Plaza. This 130,580 sq. ft . opportunity offers investors significant upside through redevelopment of the existing shopping center. A true value-add opportunity, the shopping center also generates income from credit tenants such as Fresenius, and a national dollar store (signed LOI – moving toward lease).
Property Highlights
  • Value-add opportunity to reposition/redevelop the center
  • Credit tenants
  • Signalized intersection
  • Significant new leasing velocity
  • Located in an Opportunity Zone
  • Less than 1 mile from East Stroudsburg University (student population app. 7,000)
  • Located across from a Walmart Supercenter and near the new Stop-N-Shop Supermarket and Homegoods (coming soon)