Land Available For Lease @ 5357 Development Park Dr
5357 Development Park Dr, Pocono Summit, PA 18346
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Daniel P.
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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. This space offers accomodations for: retailpad.
Pricing: Negotiable
Availability: Now
Listing ID: 3302035