245 Wilkes Barre Township Blvd | Wilkes Barre, PA 18702
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245 Wilkes Barre Township Blvd
Wilkes Barre, PA 18702
Price Chopper · Retail Property For Sale
Investment Highlights
- Price Chopper is the third largest grocery chain in Luzerne county with 3 stores and a combined $81.9 million in sales equating to 8.20% market share
- Price Chopper has 9.8 years remaining on a 25-year absolute NNN lease with one option of four years and eleven months
- The Golub Corporation guaranteed lease
- Easy access to residential population especially in the “Back Mountain” area north of the Susquehanna with a population of 45,000+
- Tenure of more than 15-years proves the tenant’s commitment to location
- Subsidiary of parent company Northeast Grocery Inc. with a credit rating of B+ (Fitch)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
64,252 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
9.16 AC
Zoning
D2
Parking
284 Spaces (4.42 Spaces per 1,000 SF Leased)
Frontage
671 FT on Wilkes Barre Township Blv
PROPERTY TAXES
| Parcel Number | 69-H10-00A-18T-000 | Improvements Assessment | $4,500,000 |
| Land Assessment | $5,000,000 | Total Assessment | $9,500,000 |
PROPERTY TAXES
Parcel Number
69-H10-00A-18T-000
Land Assessment
$5,000,000
Improvements Assessment
$4,500,000
Total Assessment
$9,500,000
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