Commercial Real Estate Services
Commercial Real Estate Services
The Offering:
KLNB Retail Capital Markets is pleased to announce for sale the fee simple interest in Peckville Shopping Center, a 60,506 SF neighborhood center in Lackawanna County – approximately 6 miles northeast of
Scranton, Pennsylvania. 100% occupied by a diverse tenant mix of national and regional retailers, the asset is anchored by Planet Fitness, Ace Hardware, Fine Wine & Spirits (run by the Pennsylvania Liquor Control Board) and Dollar General – providing local and regional draw to the center. Planet Fitness, which has anchored the center since 2009 is a top 74% location for the brand in the Pennsylvania, according to Placer., Ai, has a rare corporate guaranty, and contributes 46% of base rent while comprising 32% of the GLA.
Investment Highlights:
| Distance | 1 Mile | 3 Mile | 5 Mile |
|---|---|---|---|
| Population | 8,653 | 32,378 | 81,199 |
| Daytime Population | 7,301 | 33,863 | 81,974 |
| Households | 3,929 | 14,260 | 34,034 |
| Avg. Household Income | $76,980 | $80,186 | $87,649 |
