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Development Site | ±15 Acres | Mt Effort Plaza

Development Site | ±15 Acres | Mt Effort Plaza

3160 Route 115 , Effort, PA 18330

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PROPERTY DETAILS

Price

$4,500,000

Building Size

±11,070

Parcel Size

±15.8 AC

Marketing Description

Equity CRE is pleased to exclusively offer for sale a shopping center development site with an existing, stabilized strip center located at a signalized intersection in Effort, PA, just north of Brodheadsville in Monroe County. The existing strip center features a lineup of local tenants servicing the immediate trade area, including a vape store, PA tag & title service, Chinese restaurant, deli, pizzeria, and childcare facility. This offering presents an opportunity to acquire a stabilized retail asset while pursuing redevelopment and the potential to add additional uses to the site.

Investment Highlights

  • Stabilized Investment: The existing strip center is fully leased and provides a stabilized revenue stream.
  • Potential Redevelopment/ Value Add: Features a blend of food service, fitness, and specialty retail, creating a balanced and resilient income stream.
  • Market Fundamentals: Chestnuthill Township has nearly 11,000 households in a 5-mile radius and is a growing market with proximity to major highways and large trade markets in Scranton, the Pocono Mountains, and the Lehigh Valley.

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