Madison Hawk Hawking Portfolio Of Wilkes-Barre Properties

WILKES-BARRE, PA—Madison Hawk, which specializes in Structured Accelerated Sales and Capital Market Solutions, is hawking a portfolio of ten retail properties in well-trafficked locations in the heart of the main commercial corridor in Wilkes-Barre, PA.

The firm is conducting a sealed bid auction for four long-term net-leased properties and six short-term leased parcels with redevelopment opportunities.  The properties are leased by excellent credit tenants including Sheetz and Pep Boy’s as well as a ground lease on a property improved with a Walgreens and Popeye’s.  Net operating income on the properties range from $30,000 to $180,000 with the net operating income for the total portfolio above $900,000.  In addition to the buildings, a portfolio of 11 billboards leased to Lamar Advertising is included.