Buckhorn Plaza Bloomsburg, PA

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.

Investment Highlights