Former Rite Aid
Spaces
REPOSITION / REDEVELOPMENT OPPORTUNITY
Building description
Former Rite Aid at 639 Hamlin Highway, Lake Ariel, PA 18436 presents a standout lease opportunity at a prominent signalized hard corner in the heart of Lake Ariel. This modern 14,673 SF retail building, constructed in 2009 and situated on 1.48 acres, offers an efficient layout, ample parking, excellent visibility, and a drive-thru component ideal for a variety of retail, medical, wellness, or service-oriented uses.
Positioned along Hamlin Highway with exposure to more than 10,500 vehicles per day, the property benefits from strong traffic flow and a strategic location just 30 minutes from Scranton and approximately two hours from New York City. Surrounded by established national retailers including CVS, Weis, Verizon, Dunkin’, McDonald’s, Tractor Supply, Advance Auto Parts, Dollar Tree, and more, this site sits within Lake Ariel’s primary commercial corridor.
Serving both year-round residents and seasonal visitors drawn to the Pocono region, the property is located in an affluent trade area with average household incomes of nearly $86,000 within 3 miles. A rare repositioning opportunity in a popular second-home and vacation market, this high-profile location is well suited for tenants seeking visibility, accessibility, and regional draw.
Building highlights
- Repositioning or Redevelopment Opportunity – Modern, former Rite Aid building available for lease or sale, offering flexibility for an incoming investor or user
- 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, with convenient access to major highways
- Popular Second-Home & Vacation Market – Known for its scenic lakes, forests, and outdoor recreation, Lake Ariel attracts both full-time residents and seasonal visitors from Pennsylvania, New Jersey, and New York.
- National Tenants Surrounding Site: CVS Pharmacy, Mavis Tires, Weis, Goodwill, Verizon, Dunkin Donuts, McDonald's, Tractor Supply, Advance Auto Parts, Napa, Valero, Dollar Tree, and more
Listing Contacts
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Property History
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