639 Hamlin Hwy - Drug Store FOR SALE
Lake Ariel, PA 18436 |
$3,400,000 USD
248-702-0288
639 Hamlin Hwy
Lake Ariel, PA 18436
HIGHLIGHTS
- Repositioning or Redevelopment Opportunity – Modern, former Rite Aid building available for lease or sale, offering ?exibility for an incoming invest
- 14,673 SF Modern Construction – Built in 2009 and situated on 1.48 acres, providing ample parking and efficient site layout
- Transferrable Roof Warranty - Firestone Red Shield roof warranty in place through 10/19/2029
- Prominent Hard-Corner Signalized Location – Signalized intersection along Hamlin Highway with visibility to over 10,500 vehicles per day
- Affluent Surrounding Community – Average household income within a 3-mile radius exceeds $79,697, supporting strong retail demand
- Strategic Location & Accessibility – Lake Ariel, located in Wayne County, PA, is just 30 minutes from Scranton and two hours from New York City
FOR SALE DETAILS
PRICE
$3,400,000 USD
PRICE/SF
$232 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Rite Aid - For Sale or Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1951
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.48 AC
LAND SF
64,469 SF
ZONING
RR
APN/PARCEL ID
032120
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248-702-0288
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248-702-0288
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