Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 2006
Building Area

Property Description

A 41,015 square foot, grocery-anchored shopping center located in Leola, Lancaster County, Pennsylvania. The 100% occupied property is anchored by Sharp Shopper, a regional discount grocer which accounts for over 70% of the property’s gross revenue. The grocer has served the community for over 15 years and has over five years remaining on its current term.



The property’s strategic location along Route 23/New Holland Pike, (+18,310 VPD), ideal points of ingress and egress, ample parking and limited capital exposure combine to provide a highly trafficked and visible location in an established residential and commercial corridor just 5 miles east of the burgeoning downtown Lancaster in Central Pennsylvania.

Investment Highlights

  • Performing discount grocery with 15 years of tenure and over 5 years of remaining term
  • Value add opportunity via fully entitled pad development
  • Premier visibility along highly trafficked retail corridor (+18,310 VPD)
  • Excellent regional connectivity and access to transportation infrastructure


Chris Munley

Senior Managing Director

T +1 484 532 4207

M +1 609 610 1096

c.munley@am.jll.com


Jim Galbally

Senior Managing Director

T +1 215 988 5551

james.galbally@am.jll.com


Colin Behr

Senior Director

T +1 215 399 1819

M +1 215 896 4253

colin.behr@am.jll.com

Last Updated Date: 02 Nov 2020
Chris Munley
Chris Munley
Senior Managing Director, Capital Markets
License details
NJ-0683560 PA-RS314499
James Galbally
James Galbally
Senior Managing Director, Capital Markets
License details
PA - RS295928

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Last Updated Date: 02 Nov 2020

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