• Wellsboro Plaza - 120 Plaza Ln, Wellsboro, PA 16901

For Sale

Retail

For Sale

This property is available for sale
8.8
Acres
$6,450,000
Sale Price
  • Year Built
    1950 (Renovated 2011)
  • Total Building Size
    68,100 RSF
  • Overview

    Very well maintained property consisting of 8.8 Acres and 59,288 Rentable SF. 23 blended indoor and outdoor store fronts and an additional 2 pad sites that could be developed or sold. Current leased square footage is 73% (16,210SF Vacant) as of 7/1/2020. Average NNN per SF price is $16.76. Average gross lease per SF price is $17.72. Price calculated using a 6% Cap Rate on NOI. Full performance package, demographics, traffic study, environmental, and rent roll available to qualified buyers with signed NDA. Great leases including government and medical.

Contact or Call

Property Details

Very well maintained property consisting of 8.8 Acres and 59,288 Rentable SF. 23 blended indoor and outdoor store fronts and an additional 2 pad sites that could be developed or sold. Current leased square footage is 73% (16,210SF Vacant) as of 7/1/2020. Average NNN per SF price is $16.76. Average gross lease per SF price is $17.72. Price calculated using a 6% Cap Rate on NOI. Full performance package, demographics, traffic study, environmental, and rent roll available to qualified buyers with signed NDA. Great leases including government and medical.

  • Property Type
    Retail
  • Year Built
    1950Renovated 2011
  • Sale Price
    $6,450,000
  • Total Building Size
    68,100RSF
  • Total Acres
    8.8
  • Cap Rate
    6.0%
  • Property ID
    2161587

Landlord's Sales Representative

  • Evan Barnes
    CENTURY 21 Jackson Real Estate