Landisville, PA 17538,Address not disclosed
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Landisville, PA 17538,Address not disclosed
Landisville, PA 17538,Address not disclosed

$720,000

Est. payment /mo

$719,989

Est.Price: ?

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Address not disclosed Landisville, PA 17538

2,604 SqFt

SOLD DATE : 06/30/2017

Key Details

Sold Price $720,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 2,604 sqft

Price per Sqft $276

Subdivision Landisville

MLS Listing ID 1002723253

Sold Date 06/30/17

HOA Y/N N

Originating Board LCAOR

Annual Tax Amount $8,198

Lot Size 0.320 Acres

Acres 0.32

Lot Dimensions 81 x 185 x 163 x 125

Property Description

Single tenant net leased investment opportunity in Lancaster, PA. Turkey Hill (corporately owned by Kroger (KR - Baa1) has occupied the site since 1971, and has just signed a new 10-year primary term with four 5-year options. Property is at ''main & main'' in Landisville, near I-283 and Nook Sports. The surrounding market boasts an average household income of over $107,000, with strong daytime demos as well. Current NOI is $42,399 with an 8% increase in year 6.

Location

State PA

County Lancaster

Area East Hempfield Twp (10529)

Zoning VILLAGE CTR

Interior

Fireplace N

Exterior

Water Access N

Roof Type Shingle

Street Surface Other

Garage N

Building

Water Public

New Construction N

Schools

School District Hempfield

Others

HOA Fee Include Other

Tax ID 290-20821-0-0000

Ownership Other

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

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Bright MLS (BMLS)
Listed by David L Bode • Rock Commercial Real Estate
Bought with David L Bode • Rock Commercial Real Estate

Tracy Marshall

License ID: 678268

+1(443) 306-7673

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