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Silver Fox NNN Capital Group in partnership with The Daniel Perich Group of KW Commercial are pleased to exclusively present on behalf of ownership the fee-simple interest in this 5.02-acre property in Pocono Summit, PA. This property is situated at the proposed lighted entrance to the planned Pocono Springs Entertainment Village - a 1.4 million square foot $450MM entertainment and dining destination opening in 2022 with Ripley’s Aquarium. With projected 4.5 million visitors annually, this proposed hard corner is a premier site with a projected 30,000 ADT.
Sheetz has executed a 20-year lease for 2.5 acres, leaving the remaining 2.5 acres ideal for numerous retail uses including sit-down restaurant, retail and medical. The parcel is designated as a “C-I”, Commercial-Industrial District Zone of Tobyhanna Township, which allows for a wide variety of commercial land uses. Public water and sewer are anticipated to be available at this location.
Adjacent 5-acre parcel is available for additional purchase. Currently operating as Summit Lanes bowling alley, this property is ideal for repurpose or redevelopment opportunities. Conceptual drawing on file shows a proposed 4-story, 100-room hotel and 2,473 square foot QSR with drive-thru. The current free-standing 41,160 square foot building has a 33,600 square foot footprint and 12-27 foot ceilings. The ground floor is divided into a main entrance foyer, a food service area with a commercial kitchen, a bowling alley with 36 lanes and a service corridor, a sales area with a service counter, a game arcade, a billiard area, an office storage room, one (1) private office, a sports/repair shop, a bar with a billiard room, and four (4) restrooms. The upper level contains approximately 7,560 square feet and is an open, un-partitioned studio area.
Month | Payment | Principal | Interest | Total Interest | Balance |
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$0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
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.
Total Population | 1,341 | 9,586 | 23,887 | |
Population Median Age | 43 | 42 | 41 | |
Population by Age | 0-9 Yrs | 138 (10%) | 1108 (11%) | 2657 (11%) |
10-19 Yrs | 188 (14%) | 1153 (12%) | 3095 (12%) | |
20-29 Yrs | 86 (6%) | 800 (8%) | 2668 (11%) | |
30-39 Yrs | 165 (12%) | 1281 (13%) | 2925 (12%) | |
40-49 Yrs | 178 (13%) | 1288 (13%) | 3124 (13%) | |
50-59 Yrs | 190 (14%) | 1307 (13%) | 3757 (15%) | |
60-69 Yrs | 191 (14%) | 1281 (13%) | 3055 (12%) | |
70+ Yrs | 205 (15%) | 1369 (14%) | 2607 (10%) | |
Median HH Income | $65,552 | $59,775 | $63,307 | |
Total Household Income | < 24K | 51 (10%) | 573 (15%) | 1310 (15%) |
25-49K | 113 (23%) | 923 (25%) | 1975 (23%) | |
50-74K | 113 (23%) | 772 (21%) | 1721 (20%) | |
75-99K | 63 (13%) | 456 (12%) | 1274 (15%) | |
100-199K | 134 (27%) | 839 (23%) | 1833 (21%) | |
200K+ | 7 (1%) | 78 (2%) | 305 (3%) | |
Highest Education Level | No Diploma | 150 | 994 | 1925 |
Diploma or GED | 303 | 2363 | 6017 | |
Some College | 274 | 1574 | 3587 | |
Assoc. Degree | 80 | 592 | 1424 | |
Bachelors Degree | 107 | 839 | 2209 | |
Higher Degree | 63 | 588 | 1528 | |
Total Housing Units | 875 | 5,482 | 13,109 | |
--Owner-Occupied | 409 | 2,802 | 6,676 | |
--Renter-Occupied | 73 | 840 | 1,741 | |
Owner-Occupied Values | < 100K | 72 | 521 | 1382 |
100-199K | 243 | 1637 | 3680 | |
200-299K | 58 | 429 | 1016 | |
300-399K | 7 | 74 | 253 | |
400-499K | 19 | 99 | 182 | |
500K+ | 9 | 42 | 162 | |
Total Working Age Population | 1,072 | 7,674 | 19,327 | |
In Work Force | 641 | 4,774 | 12,000 | |
Not In Work Force | 431 | 2,899 | 7,327 | |
Workforce Employed | 608 | 4,460 | 11,074 | |
Workforce Unemployed | 33 | 295 | 903 | |
Civlian Workforce | 641 | 4,756 | 11,977 | |
Military Workforce | 0 | 19 | 23 | |
Total Households | 481 | 3,641 | 8,418 | |
Family Households | 360 | 2,385 | 5,821 | |
Non-Family Households | 121 | 1,257 | 2,597 | |
Married Couple | 310 | 1,862 | 4,410 | |
Other Family | 51 | 523 | 1,411 | |
Married w/Child | 121 | 717 | 1,723 | |
Single Male w/Child | 16 | 186 | 314 | |
Single Female w/Child | 9 | 122 | 428 |
Population Change Last Two Decades - Plus Projection
2000 | % | 2010 | % | 2020 | % | 2030 | |
---|---|---|---|---|---|---|---|
Pennsylvania | 12,281,054 | +3 | 12,702,379 | +4 | 13,230,170 | +4 | 13,759,594 |
Carbon County | 58,802 | +11 | 65,249 | -2 | 63,692 | -2 | 62,144 |
Lackawanna County | 213,295 | +1 | 214,437 | +3 | 221,688 | +3 | 229,062 |
Monroe County | 138,687 | +22 | 169,842 | +3 | 174,721 | +3 | 179,312 |
Pike County | 46,302 | +24 | 57,369 | -2 | 56,192 | -1 | 55,783 |