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Bruster's 1126 York Rd 936 SF Retail Building Gettysburg, PA 17325 $810,000 ($865.38/SF) 8.50% Cap Rate
Investment Highlights
- High Traffic Volume (York Rd/US Route 30E)- over 24,000 vehicles per day
- Surrounded by Numerous Major Retail Stores and Restaurants (WalMart, Hoss's, McDonald's, Taco Bell, etc)
- Easy Access to Harrisburg, Chambersburg and York, PA plus Frederick and Hagerstown, MD
Executive Summary
INVESTOR OPPORTUNITY! This commercial property features a 936 sq ft building with a long-term lease in place with a 5-year renewal option for tenant. Almost a triple net lease. Owner takes care of structural repairs, lawn care, and snow removal. Tenant takes care of interior maintenance, cleaning, and repairs including HVAC system, taxes, and insurance. Current lease includes a 2% per year increase.
Property Facts
Sale Type
Investment
Property Type
Building Size
936 SF
Building Class
C
Year Built
1990
Price
$810,000
Price Per SF
$865.38
Cap Rate
8.50%
NOI
$68,850
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.56 AC
Zoning
EC-1
Frontage
113’ on York Road
Amenities
- Security System
- Signage
- Tenant Controlled HVAC
- Air Conditioning
- Smoke Detector
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 38-G12-0100-000 | Improvements Assessment | $333,600 |
| Land Assessment | $198,000 | Total Assessment | $531,600 |
Property Taxes
Parcel Number
38-G12-0100-000
Land Assessment
$198,000
Improvements Assessment
$333,600
Total Assessment
$531,600
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Bruster's | 1126 York Rd