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68-76 Lunger Dr
Bloomsburg, PA 17815
Retail Property For Sale


Investment Highlights
- Walmart & Lowe’s Shadow-Anchor | National Tenant Lineup
- I-80 Interchange Accessibility / Established Retail Destination
- 84% Leased (Upside Potential) + Below-Market Rents + Pad Opportunities
Executive Summary
As exclusive agent, Cushman & Wakefield is pleased to offer a 100% fee interest in Buckhorn Plaza for sale.
This 83,960 SF shopping center is currently 84% leased to a diverse roster of 12 tenants and features a national lineup that includes Marshall’s, Dollar Tree, Verizon, Sally Beauty, and GNC, among others, as well as a Panera Drive-Thru (end cap unit) and Olive Garden pad.
The Property is situated on a 27.47-acre site in Bloomsburg, Pennsylvania, immediately at the interchange of I-80 (36,356 VPD) and Rt.42 / Mall Boulevard (14,620 VPD) and is shadow-anchored by both a Walmart Supercenter and Lowe’s - the stores’ only locations within 25 miles.
With an average unit size of less than 6,000 SF and strong in-place cash flow (national tenants accounting for 94% of revenue), Buckhorn Plaza offers investors a stable and financeable income stream with mitigated exposure and potential upside via lease-up of 13,334 SF of availability.
In addition, investors will have the opportunity to increase NOI via recapturing below market in-place rents, as well explore future pad site development, resulting in a 10-year projected CAGR of 5.81%. Buckhorn Plaza is the central shopping destination within the region.
With ample parking, and multiple access points, the Center also draws from nearby Bloomsburg University and Geisinger Health System to drive consistent foot traffic. Buckhorn Plaza benefits from strong market fundamentals, with limited new retail construction, a submarket vacancy rate of 2.3%, and steady rent growth, making it well-positioned to help retain existing and attract new tenants going forward.
This 83,960 SF shopping center is currently 84% leased to a diverse roster of 12 tenants and features a national lineup that includes Marshall’s, Dollar Tree, Verizon, Sally Beauty, and GNC, among others, as well as a Panera Drive-Thru (end cap unit) and Olive Garden pad.
The Property is situated on a 27.47-acre site in Bloomsburg, Pennsylvania, immediately at the interchange of I-80 (36,356 VPD) and Rt.42 / Mall Boulevard (14,620 VPD) and is shadow-anchored by both a Walmart Supercenter and Lowe’s - the stores’ only locations within 25 miles.
With an average unit size of less than 6,000 SF and strong in-place cash flow (national tenants accounting for 94% of revenue), Buckhorn Plaza offers investors a stable and financeable income stream with mitigated exposure and potential upside via lease-up of 13,334 SF of availability.
In addition, investors will have the opportunity to increase NOI via recapturing below market in-place rents, as well explore future pad site development, resulting in a 10-year projected CAGR of 5.81%. Buckhorn Plaza is the central shopping destination within the region.
With ample parking, and multiple access points, the Center also draws from nearby Bloomsburg University and Geisinger Health System to drive consistent foot traffic. Buckhorn Plaza benefits from strong market fundamentals, with limited new retail construction, a submarket vacancy rate of 2.3%, and steady rent growth, making it well-positioned to help retain existing and attract new tenants going forward.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
84,000 SF
Building Class
B
Year Built
2004
Percent Leased
92%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
27.47 AC
Zoning
IC: Interchange Commercia - This district supports large-scale commercial development near the Buckhorn Interchange of I-80, targeting high-traffic businesses with infrastructure
Parking
604 Spaces (7.19 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 18-01-008-13-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,339,911 CAD |
Property Taxes
Parcel Number
18-01-008-13-000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,339,911 CAD
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