Cranberry Plaza II

Newly Constructed Retail Shopping Center

Cranberry Plaza II is a one-story retail center situated on approximately 3.60 Acres of land and contains 24,000 rentable square feet. built in 20005, Cranberry Plaza II is 100% occupied by nine tenants and is anchored by the Social Security Administration (8,000 SF). the remaining tenants include Gourmet Buffet, Fairview Dairy, Bear’s Furniture, LLC, God’s Little Garden, Check ‘n Go, Curves, SassyKuts, and Citizen’s Bank ATM.The property is located across the street from a 400,000 square foot enclosed mall, anchored by Sears, J.C. Penney, and The Bon-Ton. Over 20,000 cars travel by the property daily.
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Executive Summary:
Offering: Cranberry Plaza II (“the property”) is a one-story retail center comprised of 24,000 rentable square feet.   Offering Terms: $4,800,00

Location: 80 Regina Dr.
Cranberry, PA 16319
  Year 1 NOI: $366,740

Rentable Area: 24,000 square feet   Cap Rate: 7.64%

Land Area: 3.60 Acres   Occupancy Status: 100% Occupied

Parking: 169 Spaces   Financing: No Existing Loan to be assumed.