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31254477
31254476

309 Harrisburg Avenue, Lancaster, PA 17603

TM
PA PA AB050727L
U.S. Commercial Realty
U.S. Commercial Realty
Listed by U.S. Commercial Realty
$1,250,000
75 days on market
Updated 22 days ago

309 Harrisburg Avenue

Details
APN 339-01553-0-0000
Property Type Retail, Mixed Use
Sub Type Commercial
Square Footage 2,928
NOI $72,120
Tenancy Single
Brand/Tenant Red Rose City Exhaust, LLC
Lease Type NNN
Lease Term 5
Lease Expiration 02/27/2027
Lease Options None
Year Built 1914
Stories 3
Acreage 0.540
Zoning MU - Mixed Use
Parking Spaces 30 spaces
Parking Per SqFt 10.25
Lease Commencement 02/28/2022

Retail | 2,928 SqFt

Marketing description

Rare opportunity for a Triple Net (NNN) investment property in Lancaster County. Current tenant is Red Rose City Exhaust, LLC, and they would like to negotiate a new long-term lease with Buyer/Landlord

Investment highlights

  • Ceiling height: 8’-14’ clear height to bar joist
  • Grade level doors: four (4) 10’ x 10’ and two (2) 13’6” x 8’6”
  • Electric - 200 amp service

Listing Contacts

TM
PA PA AB050727L
U.S. Commercial Realty
U.S. Commercial Realty
Listed by U.S. Commercial Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$72,119.98
$6,010.00/mo

Valuation Metrics

0
DSCR
5.77%
Cap Rate
5.77%
ROI

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Additional Information

Name
Tom McDermott
License
PA AB050727L
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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