265 W State St
Quarryville, PA 17566
Retail Property For Sale

CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALEthis Turkey Hill property located on W State Street in Quarryville, PA. Turkey Hill is operating a 10 year lease with over 7 years remaining in the initial lease term. This is a NNN ground lease offering zero landlord responsibilities or expenses. There are also 6% rental increases every two years upcoming in 2020. The lease is corporately guaranteed by EG Group, the world's leading independent fuel station and convenience retailer. This location has been a c-store since 1992, representing a strong operating history. This NNN lease structure combined a strong operating history and upcoming rental increases makes this the ideal investment for the astute investor.This 2,511 square foot Turkey Hill sits on 0.38 acres with excellent access and visibility. The property is ideally situated at the signalized intersection of W State Street and W 4th Street, a main corridor in Quarryville with combined traffic counts over 19,000 vehicles per day. This area has seen a population growth in the 1, 3 and 5 mile rings over the last 5 years which is projected to continue through 2023. It's also an affluent market with the average household income over $71,000 within 1 mile of the site and over $73,000 within 3 miles. Nearby national uses include Rite Aid, Burger King and BB&T Bank. Quarryville is a borough in Lancaster County, Pennsylvania. It it situated approximately 60 miles from Harrisburg, 65 miles from Baltimore, and 70 miles from Philadelphia.