1801 Hempstead Rd
Lancaster, PA 17601
Auction:8/21 - 8/23: NN Best Buy · Retail Property For Sale

Property Tours Will be offered by appointment only. Please contact Jeff Aschieris at jeff@signnn.com or 843-410-2706 to schedule. Investment Highlights *100% occupied single-tenant lease *Immediate proximity to Lowes Home Improvement and Costco Wholesale with outstanding location with immediate access off of US Highway 30 *Compelling value-add opportunity with three (5) year renewal options and one (4) year renewal option Investment OverviewBest Buy is a single-tenant NN lease opportunity located in the Pitney Road Plaza in Lancaster, PA. Built in 2009, the property is comprised of a freestanding building with a building area of 45,915 SF. The building is 100% leased by Best Buy with three (5) year renewal options and one (4) year renewal option. The tenant is responsible for property taxes, insurance, and common area. The property is within a dense corridor with strong traffic counts, nearly 75,000 VPD along US Highway 30 and walking distance to 1,000+ multi-family units. Select nearby tenants include Mattress Warehouse, FedEx, and McDonalds. Best Buy is a leading provider of technology products, services, and solutions. The company offers expert service at an unbeatable price more than 1.5 billion times a year to consumers, small business owners, and educators who visit their stores, engage with Geek Squad Agents, use BestBuy.com, or the Best Buy app. The company has operations in the U.S. where more than 70% of the population lives within 15 minutes of a Best Buy store, as well as in Canada and Mexico, where Best Buy has a physical and online presence. Property Listed By: Jennifer Stein Sands Investment Group; PA RE #RM422728 / 213-446-5366