Grocery-Anchored Retail
For Sale
Contact for pricing
10 Newport Rd, Leola, PA 17540
Fully occupied retail center led by a long-standing grocery tenant and supported by two additional inline occupants.
Property SizeContact for details
Days on Market144
Property Features for 10 Newport Rd
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Site & Location
Corner Location
Yes
Anchor Co-Tenants
Giant
Traffic Count
22,000 vehicles/day
Building Details
Construction
block on block
Tenancy
Multi
Listing Agency:
CBRE - Philadelphia Suburban
(484) 567-2340
Listed By:
Michael Shover · License #PA RS297166
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 3:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Philadelphia Suburban
Investment Insights
Based on property information with market context.
Leola Square is a 100% occupied grocery-anchored retail center with Giant comprising 95% of the gross leasable area. Two smaller inline tenants complete the center, and Giant has operated at the property since 1996 through multiple lease extensions. The building features block-on-block construction, providing a durable physical format for the existing retail use.
The property occupies the corner of Newport Road and W Main Street, where combined traffic counts exceed 22,000 vehicles per day. Leola Elementary School is 0.4 miles away and has over 430 students enrolled. The surrounding population totals 3,142 people within 1 mile, 14,867 within 3 miles, and 49,118 within 5 miles. Average household income exceeds $84,000 within 1 mile, $91,000 within 3 miles, and $88,000 within 5 miles. The Giant lease is corporately guaranteed by Ahold Delhaize, rated BBB by Standard & Poor's.
The property occupies the corner of Newport Road and W Main Street, where combined traffic counts exceed 22,000 vehicles per day. Leola Elementary School is 0.4 miles away and has over 430 students enrolled. The surrounding population totals 3,142 people within 1 mile, 14,867 within 3 miles, and 49,118 within 5 miles. Average household income exceeds $84,000 within 1 mile, $91,000 within 3 miles, and $88,000 within 5 miles. The Giant lease is corporately guaranteed by Ahold Delhaize, rated BBB by Standard & Poor's.
Key Highlights
- 100% occupied center with Giant operating at the property since 1996
- Giant comprises 95% of GLA, with two additional inline tenants
- Giant lease is corporately guaranteed by Ahold Delhaize, rated BBB by Standard & Poor's
Property Analytics
Property Profile
Current Use
Lease Details
22,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
190
Businesses Nearby
38k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 70%
Shops & Services 26%
Dining 4%
Giant Food Store
Groceries
26,343 visits/mo
0.1 miles
Dollar General
Shops & Services
7,058 visits/mo
0.3 miles
Fulton Bank
Shops & Services
2,781 visits/mo
0.2 miles
SUBWAY
Dining
1,609 visits/mo
0.3 miles
Demographics for 17540, PA
10,821
Population
4,068
Households
2.7
Avg Household Size
36
Median Age
30%
College-Educated
79%
High-School Grad
20.9 sq mi
ZIP Area
518
Density / Sq Mi
$83,229
Median Household Income
$46,756
Median Earnings
$1,329
Median Rent
$319,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Fully occupied retail center led by a long-standing grocery tenant and supported by two additional inline occupants.
Where is this grocery and convenience store located?
The property is located at 10 Newport Rd Leola, PA.
What are key features of this property?
This property features: 100% occupied center with Giant operating at the property since 1996; Giant comprises 95% of GLA, with two additional inline tenants; Giant lease is corporately guaranteed by Ahold Delhaize, rated BBB by Standard & Poor's
