Listed by Bennett Williams Commercial
$4,081,054
Dillon Center
Details
Property Type Retail
Sub Type Multi-Tenant, Shadow-Anchored
Square Footage 23,678
Cap Rate 7.75%
NOI $316,282
Occupancy 100%
Tenancy Multi
Lease Type NNN
Year Built 2014
Acreage 4.780
Zoning H-C
Investment Type Net Lease
Ground Lease No
Strong lineup of major national tenants
Marketing description
Dillon Center is a 23,678 SF square foot commercial/retail center sitting on 4.78 acres in the retail hub of Bloomsburg, PA. The site features a lineup of major national tenants including Pet Supplies Plus, Staples, and Fine Wine & Good Spirits. The property is shadow-anchored by Giant right across the street from the center. Surrounding retailers include Weis Markets, Dunkin, McDonald’s, CVS, and Tractor Supply, just to name a few. The site is located right off Route 11( ±15,000 VPD) and is in close proximity to Route 42 (±14,000 VPD). This asset presents an opportunity to acquire a stable, long-term asset in one of Central PA's growing markets.
Listing Contacts
Listed by Bennett Williams Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$316,281.75
$26,356.81/mo
Valuation Metrics
0
DSCR
7.75%
Cap Rate
7.75%
ROI
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