7-26-13

Brokerage Directory — Mid Atlantic Real Estate Journal — July 26 - August 15, 2013 — Inside Back Cover B

www.marejournal.com

INVESTMENT/DEVELOPMENT OPPORTUNITY SCRANTON, PA

7TH AVENUE & WEST LINDEN STREET FOR SALE UNIT 2 OF THE SHOPS AT LINDEN PLACE

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Unit 2 is one unit of a two unit condominium.

Unit 2 consists of three tracts: t Tract 2A 1.218 acres t Tract 2B 1.168 acres t Tract 2C 2.489 acres t TOTAL 4.875 acres

Tract 2A - Pad site for an approximately 15,000SF strip retail bordering the Scranton Expressway and existing parking lot, perpendicular to the Redner’s Warehouse Supermarket. Tract 2B - Improved with a 3200SF freestanding building under lease to an Arby’s Franchisee. Lease renews for a five year term beginning 8/1/2014. Tract 2C – Unimproved parcel bordering North Sixth Avenue, the Freight Station, the West Lackawanna Avenue Bridge, and the Lackawanna Heritage Valley Trail and the Lackawanna River. This Tract includes a leased parcel of land beneath the West Lackawanna Avenue Bridge. SALE PRICE: $1,600,000

Contact: John T. Cognetti, SIOR, CCIM jcognetti@hinerfeldcommercial.com

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