750 Providence Road, Scranton, PA 18508

Other
THB ฿55,097,544
USD $1,700,000
Published on: 20 Nov 2024
Last updated on: 09 May 2025
750 Providence Road, Scranton, PA 18508
750 Providence Road, Scranton, PA 18508
750 Providence Road, Scranton, PA 18508
  • 3
Property ID: 110095834477
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Retail - Scranton, PA

750 Providence Road, Scranton, PA 18508
Prime Commercial Investment Opportunity - Turkey Hill, Scranton, PAERA One Source Realty is pleased to exclusively present an exceptional investment opportunity at 750 Providence Rd., Scranton, PA. This property features a Turkey Hill Mini Market with a strong corporate guarantee from EG Group, a leading international convenience store operator.Key Highlights:Location and Visibility:Strategically located in Scranton, PA, this property benefits from high visibility and accessibility. Positioned in a bustling area, it attracts a steady flow of local and commuter traffic.Tenant Strength and Lease Structure:Turkey Hill, a well-established convenience store brand, is backed by EG Group, which operates over 267 locations across Pennsylvania, Ohio, and Indiana. The tenant brings long-term stability, with a lease structure that includes predictable rent escalations every five years.Property Details:Pricing: $1,700,000.Net Operating Income (NOI): $87,725 (Turkey Hill)Lease Term: Robust 15-year lease with (6) 5 year options with increases every five years ensures long-term value.Developable Potential:In addition to the existing Turkey Hill Mini Market, the property includes developable land, offering investors the opportunity to enhance the site's income potential or create complementary uses.Market and Demographics:Located in Scranton, PA, a city undergoing revitalization with a strong industrial heritage and a thriving arts scene.Population within 5 miles exceeds 123,000, with a median household income of $56,251.Surrounded by a mix of residential, commercial, and educational institutions, ensuring a diverse customer base.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
4,856.23 m2
Building Size
464.52 m2
Year Built
2012
Architecture Style
Other
Num Floors
1
County
Lackawanna
Parcel ID
14516010001
Provider
Greater Scranton Board of Realtors MLS
Brokerage Office Name
ERA One Source Realty
Brokerage Office Phone
(570) 587-9999
Address
750 Providence Road, Scranton, PA 18508

Tax History

YearTax amount
2024USD $0THB ฿0*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.

Contact Agent
Jacob W. Rosenstein
ERA One Source Realty
230 Northern Blvd., Clarks Summit, PA 18411
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230 Northern Blvd., Clarks Summit, PA 18411
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      Property ID: 110095834477

      Original Property ID: 3yd-GSBRPA-SC5977
      Data provided by Greater Scranton Board of Realtors MLS, MLS #: SC5977
      * THIS SERVICE MAY CONTAIN TRANSLATIONS POWERED BY GOOGLE. GOOGLE DISCLAIMS ALL WARRANTIES RELATED TO THE TRANSLATIONS, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTIES OF ACCURACY, RELIABILITY, AND ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.
      Copyright © 2025 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.