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Lincolnway West Shopping Center 901 Lincoln Way W 2,700 SF 100% Leased Retail Building Chambersburg, PA 17202 $946,000 ($350.37/SF) 6% Cap Rate
Investment Highlights
- Multi-tenant retail investment sale
Executive Summary
Bennett Williams is pleased to exclusively offer for sale a multi-tenant retail investment property in Chambersburg, Pennsylvania. Pizza Hut will execute a new 10 year lease agreement at settlement with the new Owner of the property. Jackson Hewitt will continue to operate under their existing lease agreement. The subject property is strategically situated along Lincoln Way East (Route 30), which is a busy corridor in the Chambersburg, PA market since it is a main corridor in the market, and connects to Interstate 81, the major highway in the area.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
2,700 SF
Year Built
2000
Price
$946,000
Price Per SF
$350.37
Cap Rate
6%
NOI
$56,760
Percent Leased
100%
Building Height
1 Story
Building FAR
0.08
Lot Size
0.74 AC
Nearby Major Retailers
Property Taxes
| Parcel Number | 11-0E13-231-000000 | Improvements Assessment | $59,550 |
| Land Assessment | $10,250 | Total Assessment | $69,800 |
Property Taxes
Parcel Number
11-0E13-231-000000
Land Assessment
$10,250
Improvements Assessment
$59,550
Total Assessment
$69,800
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Lincolnway West Shopping Center | 901 Lincoln Way W
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