Retail Space
1551 South Township Boulevard Pittston, PA 18640
Details & Description
Price: $810,000
    SVN Chicago Commercial is pleased to provide this opportunity to acquire a 7,000 square foot free standing Advance Auto Parts. This free standing site is on a 1.37 acre parcel located at 1551 South Township, Pittston, PA. This investment offers approximately eight (8) years remaining on a new year five year extension. Advance Auto Parts has been operating at this location since 2001. The lease contains two, five year options.HighlightsEight years remaining on NN LeaseTwo five year optionsLargest Automotive Parts RetailerDo It Yourself Consumers – This store is located in a market that supports high retail sales for auto partsDouble-Net Lease with Minimal Landlord ResponsibilitiesCommitted to early 5-year renewalLong term tenancy commitment - 20 yearsLargest Automotive Parts RetailerCorporate Guarantee LeaseAdvance Auto Parts Has Investment Grade Credit: S&P BBB
    Listing Agents
    Matthew McParland

    O: 312-414-0434
    M: 708-870-4193
    MMcParland@midamericagrp.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1551 South Township Boulevard

    Pittston, PA 18640

    Listing ID: 219899
    • 1551 South Township Boulevard Pittston, PA 18640 | for Sale | Photo 1
    • 1551 South Township Boulevard Pittston, PA 18640 | for Sale | Photo 2
    1551 South Township Boulevard | for Sale | Thumbnail 1
    1551 South Township Boulevard | for Sale | Thumbnail 2
    Building Size: 7,000 SF
    Lot Size: 1.370 AC
    Land Size: 59,677 SF
    Building $/SF: $115.71
    Land $/SF: $13.57
    Price
    $810,000
    Description

    SVN Chicago Commercial is pleased to provide this opportunity to acquire a 7,000 square foot free standing Advance Auto Parts. This free standing site is on a 1.37 acre parcel located at 1551 South Township, Pittston, PA. This investment offers approximately eight (8) years remaining on a new year five year extension. Advance Auto Parts has been operating at this location since 2001. The lease contains two, five year options.

    Highlights

    Eight years remaining on NN Lease

    Two five year options

    Largest Automotive Parts Retailer

    Do It Yourself Consumers – This store is located in a market that supports high retail sales for auto parts

    Double-Net Lease with Minimal Landlord Responsibilities

    Committed to early 5-year renewal

    Long term tenancy commitment - 20 years

    Largest Automotive Parts Retailer

    Corporate Guarantee Lease

    Advance Auto Parts Has Investment Grade Credit: S&P BBB

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Scranton History of Retail Space for Sale

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    Pittston Area Market Trends

    Listing Demographics for 1551 South Township Boulevard Pittston, PA 18640

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population7,59439,13669,273
    Population Median Age414243
    Population by Age0-9 Yrs874 (11%)4236 (10%)6967 (10%)
    10-19 Yrs765 (10%)3979 (10%)6699 (9%)
    20-29 Yrs1164 (15%)4749 (12%)8101 (11%)
    30-39 Yrs904 (11%)4925 (12%)8627 (12%)
    40-49 Yrs825 (10%)4807 (12%)8437 (12%)
    50-59 Yrs1087 (14%)5864 (14%)10366 (14%)
    60-69 Yrs1044 (13%)4956 (12%)9369 (13%)
    70+ Yrs932 (12%)5620 (14%)10708 (15%)
    Median HH Income$46,078$53,164$55,530
    Total Household Income< 24K892 (27%)3831 (22%)6399 (21%)
    25-49K834 (25%)4366 (25%)7486 (24%)
    50-74K537 (16%)3022 (17%)5581 (18%)
    75-99K468 (14%)2300 (13%)4100 (13%)
    100-199K480 (14%)3057 (17%)5706 (18%)
    200K+68 (2%)520 (3%)1030 (3%)
    Highest Education LevelNo Diploma47723264082
    Diploma or GED20881080219751
    Some College130958549649
    Assoc. Degree51430985850
    Bachelors Degree62541527929
    Higher Degree32025164729
    Total Housing Units3,82019,27733,943
    --Owner-Occupied2,10111,52420,889
    --Renter-Occupied1,1775,5729,412
    Owner-Occupied Values< 100K99741906970
    100-199K81750839433
    200-299K18715883108
    300-399K83516985
    400-499K17117188
    500K+029206
    Total Working Age Population6,19632,38758,162
    In Work Force4,16821,26437,342
    Not In Work Force2,02811,12320,820
    Workforce Employed3,84720,18035,427
    Workforce Unemployed3211,0801,893
    Civlian Workforce4,16821,25937,320
    Military Workforce0422
    Total Households3,27817,09630,301
    Family Households1,91910,23118,117
    Non-Family Households1,3596,86512,184
    Married Couple1,2747,11513,176
    Other Family6463,1164,941
    Married w/Child3322,3794,278
    Single Male w/Child42342477
    Single Female w/Child2281,1421,832

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Pennsylvania12,281,054+312,702,379+413,230,170+413,759,594
    Lackawanna County213,295+1214,437+3221,688+3229,062
    Luzerne County319,250+1320,918+2327,889+2334,201
    Wyoming County28,080+128,276+128,460-128,146

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1551 South Township Boulevard in Pittston?
    The asking price for 1551 South Township Boulevard is $810,000
    What is the building size of this Retail property in Pittston, PA?
    The size of the building/unit at 1551 South Township Boulevard in Pittston is 7,000 square feet
    How much land does the Pittston, PA property at 1551 South Township Boulevard include?
    1551 South Township Boulevard in Pittston includes 1.370 acres of land
    What kind of Retail is the propery at 1551 South Township Boulevard?
    The property at 1551 South Township Boulevard Pittston, PA 18640 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 1551 South Township Boulevard in Pittston?
    The population within 1 mile of 1551 South Township Boulevard Pittston, PA 18640 is 7,594 people.
    Who do I contact for questions about 1551 South Township Boulevard?
    You should contact the listing agent, Matthew McParland, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Newark Liberty International Airport (EWR) 94
    Philadelphia International Airport (PHL) 104
    La Guardia Airport (LGA) 106