Listed by Bang Realty, BellCornerstone
Unpriced
120 Plaza Ln - Wellsboro Plaza Neighborhood Center
Details
APN 39-09D00-010A
Property Type Retail, Office
Sub Type Shopping Center, Executive Office
Square Footage 67,277
Net Rentable (SqFt) 23,296
Cap Rate 7.50%
Occupancy 80%
Tenancy Multi
Lease Type NNN
Class B
Year Built 1975
Stories 1
Acreage 8.800
Parking Spaces 344 spaces
Parking Per SqFt 5.11
Excellent Investment Opportunity. Value-Add Medical Center/Shopping Center
Marketing description
Well-Maintained Community Plaza Consisting of 8.8 Acres and 67,277 Rentable Sf. This Facility Has a Strong Blend of Medical and Municipal Tenants. Featuring a Blend of 23 Indoor and Outdoor Store Fronts, and 2 Additional Pad Sites that Could Be Developed or Sold, There Is Significant Upside. Currently Leased Square Footage Is 65.37% with 23,296 Sf Vacant as Of June 22, 2023. with A 7.5% Cap Rate, This Property Boasts Significant Upside Potential. Full Performance Package, Demographics, Traffic Study, Environmental, and Rent Roll Available to Qualified Buyers with Signed Confidentiality Agreement.
Listing Contacts
Listed by Bang Realty, BellCornerstone
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