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Huntingdon Plaza - Aldi Anchored Shopping Center

7505 Huntingdon Plaza, Huntingdon, PA 16652

Overview

Price:$8,540,000
Building Size:138,695 SF
Property Type:Retail
Total Lot Size:16.04 Acres
Year Built:1972

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Description

138,695 Square Foot Aldi Anchored Shopping Center

Aldi New 10yr Term | 45% of GLA Has 7+yrs Left | AVG Occupancy 8yrs

Low Rents | AVG $7.00 Rent/SF | 2-Units or 12,850 SF of Vacancy Upside

Mix of Long-Term Leases on Larger Spaces, Short-Term on Smaller Spaces

Mix of NNN & Gross Leases | Room For Additional Outlot(s)

Well Below Replacement Cost | Low Deferred Maintenance | Scheduled Bumps

Major Barriers to Entry and Large Trade Area Due To Appalachian Terrain

Location

Discover the endless potential of Huntingdon, PA, a vibrant town with a perfect mix of historic charm and modern conveniences. Surrounding the property, you'll find a range of local attractions, including charming boutiques, cozy cafes, and scenic parks, creating an ideal setting for prospective Office / Office Building investors. With its strategic location and close proximity to major thoroughfares, the area offers a compelling opportunity for commercial endeavors. Embrace the inviting atmosphere and entrepreneurial spirit as you explore the promising investment prospects within this dynamic community, where the blend of small-town allure and commercial vitality sets the stage for prosperous business ventures.

Contact Broker

Chris Kinnard
Vice President
Lee & Associates Cincinnati

Cell270.985.5008
Office513.387.0056
Fax513.272.2060

Stan Falk
Senior Vice President
Lee & Associates Cincinnati

Cell513.900.7509
Office513.385.0055
Fax513.272.2060

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