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Monroe Plaza

51 N 3rd Street, Stroudsburg, PA 18360
Offering Memorandum

For Sale

Shopping Center – Value Add Opportunity

Property Details

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).

Investment 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)

Contact

Property Location

Monroe Plaza

51 N 3rd St
Stroudsburg, PA 18360