$1,700,000
bedrooms
0
bathrooms
0
square feet
5,000
Acreage
1.2
Open Houses
-
year built
2012
Full Baths
0
Half Baths
0
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.
Location | |
Subdivision | - |
County | Lackawanna |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: SC5977
Listing agent:
Jacob W. Rosenstein
#RS369738
Listing broker:
Era One Source Realty
(570) 587-9999
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.
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Last update: Sunday, March 2 2025 at 5:31 p.m. EST
Kotohomes National
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