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Shopping Neighborhood

Parkesburg Shopping Center

108 W 1st Ave, Parkesburg, PA 19365

Listing Price: Request For Offer

Rentable SF
53,319
Lot Size
7.70 acres
Year Built
1970

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Parkesburg Shopping Center, a 53,200-square-foot community retail shopping center located on a 7.70-acre site. Anchored by Planet Fitness and Family Dollar, Ownership has recently signed a letter of intent from a national grocer to take 17,336 square feet. Over $2.5 million dollars of capital improvements has recently been invested into the center including a new roof, new parking lot, and new façade. The site is 89 percent occupied by credit tenants and has tremendous upside opportunity through lease up of 5,903 (11.09%) square feet.

Investment Highlights

  • New Long-Term Lease with Planet Fitness
  • LOI Recently Signed with a National Grocer to Take 17,336 SF
  • Other Credit Tenants Include USPS and Fulton Bank

Exclusively Listed By

  • Joseph French Jr.

    Licensed Associate Real Estate Broker

    (914) 220-9740

    Email Joseph

    License(s): PA: AB067393, NY: 10301207036, CT: REB.0239741, NJ: 9210310

    Westchester

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Financing By

Shopping Neighborhood

Parkesburg Shopping Center

Listing Price: Request For Offer

Rentable SF
53,319
Lot Size
7.70 acres
Year Built
1970

Investment Highlights

  • New Long-Term Lease with Planet Fitness
  • LOI Recently Signed with a National Grocer to Take 17,336 SF
  • Other Credit Tenants Include USPS and Fulton Bank

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Parkesburg Shopping Center, a 53,200-square-foot community retail shopping center located on a 7.70-acre site. Anchored by Planet Fitness and Family Dollar, Ownership has recently signed a letter of intent from a national grocer to take 17,336 square feet. Over $2.5 million dollars of capital improvements has recently been invested into the center including a new roof, new parking lot, and new façade. The site is 89 percent occupied by credit tenants and has tremendous upside opportunity through lease up of 5,903 (11.09%) square feet.

Exclusively Listed By

  • Joseph French Jr.

    Licensed Associate Real Estate Broker

    (914) 220-9740

    Email Joseph

    License(s): PA: AB067393, NY: 10301207036, CT: REB.0239741, NJ: 9210310

    Westchester

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

Financing By

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