190 Susquehanna Blvd - Bowling Alley FOR SALE


Hazleton, PA 18202
$4,132,864 USD
781-776-4003
190 Susquehanna Blvd, Hazleton, PA for Sale
$4,132,864 USD
Bowling Alley - FOR SALE
1/5
null | 6.25% Cap Rate

190 Susquehanna Blvd
Hazleton, PA 18202


HIGHLIGHTS

  • Newly Renovated & New Lease
  • Corporate Lease
  • Rent Increases
  • Minimal Landlord Responsibilities
  • Strategic Location
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the fee simple interest in a single tenant Harbor Freight Tools located at 190 Susquehanna Boulevard in West Hazleton, Pennsylvania (the “Property”). The Property was completely renovated in 2023 for Harbor Freight Tools, who signed a brand-new, 10-year Double Net lease. The Lease currently has 7+ years of term remaining followed by five (5), 5-year renewal options. The lease features an attractive 10% rent increase at the start of the first four renewal options and fair market value for the last option. The Harbor Freight Tools property is positioned along Susquehanna Boulevard (PA Route 93), a well-traveled retail corridor in West Hazleton with strong visibility and convenient ingress and egress. The site is located near Laurel Mall, a dominant regional shopping destination, and benefits from proximity to a range of retail, dining, and services that support steady consumer traffic. The Property serves nearby residential neighborhoods and the broader Hazleton market and is strategically located with quick access to Interstate 81, providing efficient connectivity throughout northeastern Pennsylvania. Additionally, the location is convenient to Lehigh Valley Hospital–Hazleton, Penn State Hazleton, and major employment hubs at Humboldt and Valmont Industrial Parks. West Hazleton is situated approximately 35 miles south of Scranton and roughly 80 miles north of Allentown.

FOR SALE DETAILS

PRICE

$4,132,864 USD

PRICE/SF

$258 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Harbor Freight

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bowling Alley

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.78 AC

LAND SF

121,097 SF

ZONING

B1

APN/PARCEL ID

63-T7S1-001-001-000

ASK ABOUT THIS PROPERTY

Robert HorvathHorvath & TremblayMore Info
781-776-4003

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Robert HorvathHorvath & TremblayMore Info
781-776-4003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.