OFFERING SUMMARY AVAILABLE SF: LEASE RATE: LOT SIZE: 800-22,967 SF $8.00-14.00 SF/yr (Net) 120.55 Acres PROPERTY OVERVIEW KW Commercial, The Daniel Perich Group is offering space for lease in Tobyhanna. Carriage Square is a 16-unit, 65,000 square foot neighborhood shopping center anchored by Rite Aid and Aaron s. Various office and retail tenants include Family Dollar, H&R Block, Subway, pizzeria, tobacco store, hair salon, and Chinese restaurant. Available space ranges from 800 to 22,967 square feet. Property is situated at a lighted intersection surrounded by Pocono Farms residential development. The major 5 points intersection of State Routes 611, 940 and 196 is 3 miles south of this property. Current traffic count is 5,751 ADT along State Route 196. YEAR BUILT: 1988 BUILDING SIZE: ZONING: C-1 64,939 SF TRAFFIC COUNT: 5,751 LOCATION OVERVIEW Tobyhanna is located in Coolbaugh Township, Monroe County in northeastern Pennsylvania. The Township offers numerous opportunities for recreation including the Tobyhanna State Park. Tobyhanna Army Depot, one of the largest employers in Northeastern Pennsylvania calls Coolbaugh Township home. Nearby area attractions include Kalahari Resorts, Pocono Manor Resort, Great Wolf Lodge and Mt. Airy Casino Resort. Sanofi Pasteur and Pocono Mountain School District, and The Crossings Premium Outlets are also in close proximity. Major area developments include the proposed $400 million Pocono Springs Entertainment Village and 130,000 square foot expansion of Kalahari Resort s convention center.
LEASE RATE $8.00-14.00 SF/YR PROPERTY DETAILS LOCATION INFORMATION Building Name Carriage Square Shopping Center Street Address 674 Route 196 City, State, Zip Tobyhanna, PA 18466 County/Township Monroe/Coolbaugh Township Cross Streets Wildflower Dr Side Of Street East Signal Intersection Yes Road Type Paved Market Type Small Nearest Highway I-380 Nearest Airport Pocono Mountain Property Type Retail Property Subtype Neighborhood Center Zoning C-1 Lot Size 120.55 Acres APN# 03635700941083 Lot Frontage 1,713.8 Traffic Count 5,751 Traffic Count Street SR0196 PARKING & TRANSPORTATION Parking Type Surface Number Of Spaces 168 BUILDING INFORMATION Building Size 64,939 SF NOI $205,514 Cap Rate 5.87% Price / SF $53.90 Year Built 1988 Occupancy % 62% Tenancy Multiple Number Of Floors 1 Gross Leasable Area 64,939 SF Load Factor Yes Construction Status Existing Free Standing Yes Number Of Buildings 1
LEASE TYPE Negotiable TOTAL SPACE 800-22,967 SF LEASE TERM Negotiable LEASE RATE $8.00 - $14.00 SF/yr SUITE TENANT SIZE (SF) LEASE RATE 1 (Q-1) Available 22,967 SF $8.00 - $10.00 SF/yr 3 (P-2) Available 850 SF $12.00 - $14.00 SF/yr 4 (O) Available 800 SF $12.00 - $14.00 SF/yr 5 (N) Available 2,000 SF $12.00 - $14.00 SF/yr
Carriage Square Shopping Center
POPULATION 1 MILE 5 MILES 10 MILES Total population 3,673 25,756 59,354 Median age 37.9 38.5 40.1 Median age (male) 37.6 37.6 39.3 Median age (Female) 36.7 38.2 40.4 HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES Total households 1,183 8,794 21,510 # of persons per HH 3.1 2.9 2.8 Average HH income $60,451 $62,005 $65,268 Average house value $218,664 $204,530 $212,887 ETHNICITY (%) 1 MILE 5 MILES 10 MILES Hispanic 27.5% 22.7% 14.2% RACE (%) White 54.3% 62.7% 75.4% Black 37.8% 29.4% 18.1% Asian 0.6% 1.1% 1.2% Hawaiian 0.0% 0.0% 0.0% American Indian 0.2% 0.4% 0.3% Other 3.5% 2.9% 2.1% * Demographic data derived from 2010 US Census