Drive-Through Restaurant
For Sale
Contact for pricing
1125 Edgar St, York, PA 17403
Drive-thru equipped restaurant building with dedicated parking and installed cooking, hood, tap, and furniture.
Property Size2,175 SF
Lot Size0.43 Acres
Price / SF$206.90
Days on Market407
Property Features for 1125 Edgar St
General Information
Standard status
Active
Size
2,175 SF
Total Parking Spaces
22
Lot size
0.43 Acres
Property subtype
RETAIL
Additional Details
Furnished
Yes
Highway Access
Yes
Commercial Hood
Yes
Listing Agency:
Bennett Williams Commercial - York
(717) 843-5555
Listed By:
Blake Shaffer · License #RS336118
(717) 654-5612
Source:
Moodyscre
Added: Aug 4, 2025
Changed: Sep 8
Last Checked: Sep 13 at 11:24AM
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 Bennett Williams Commercial - York
Investment Insights
Based on property information with market context.
1125 Edgar Street is a drive-thru equipped restaurant building offering approximately 2,175 square feet. The property includes a fully functional restaurant setup with cooking equipment, a hood system, a tap system, and existing restaurant furniture.
The property is situated on a 0.43-acre parcel with 22 dedicated parking spaces, along with additional parking in the rear. The building neighbors Wellspan Health, and it is described as providing quick access to York City residents. Access to major thoroughfares including I-83 and Route 30 is noted as being a short drive.
The listing also notes adjacency to York Ice Arena and York Memorial Park Complex, and proximity to Wellspan York Hospital. A 20-minute drive time demographic is provided in the remarks, along with 10-mile radius population and household information.
The property is situated on a 0.43-acre parcel with 22 dedicated parking spaces, along with additional parking in the rear. The building neighbors Wellspan Health, and it is described as providing quick access to York City residents. Access to major thoroughfares including I-83 and Route 30 is noted as being a short drive.
The listing also notes adjacency to York Ice Arena and York Memorial Park Complex, and proximity to Wellspan York Hospital. A 20-minute drive time demographic is provided in the remarks, along with 10-mile radius population and household information.
Key Highlights
- 2,175 SF, drive‑thru equipped restaurant building in York, PA
- Fully functional restaurant features including cooking equipment, hood system, and tap system
- Restaurant furniture included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,532
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$270,640
$270.6K
Cap Rate 7%
$193,314
$193.3K
Cap Rate 9%
$150,356
$150.4K
Market Conditions
NOI Build-Up for 2,175 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$19.1K $8.76/SF
− Vacancy
−$1.0K −$0.46/SF
EGI
$18.0K $8.30/SF
− OpEx
−$4.5K −$2.07/SF
NOI
$13.5K $6.22/SF
Area
York County, PA
Vacancy
5.30%
Lease Rate
$8.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$270,640
Cap Rate 7%
$193,314
Cap Rate 9%
$150,356
Alternative Uses
Best Use
Specialty Retail
$193.3K
$169.2K – $225.5K
NOI $13,532 @ 7.0% cap · market cap 3.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$629.7K
$551.0K – $734.7K
NOI $44,082 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
1,175
Businesses Nearby
10k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Dining 21%
Dollar General
Shops & Services
7,336 visits/mo
0.1 miles
Papa John's Pizza
Dining
2,080 visits/mo
0.3 miles
Meineke Car Care Center
Shops & Services
430 visits/mo
0.4 miles
Demographics for 17403, PA
40,344
Population
16,490
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
89%
High-School Grad
20.6 sq mi
ZIP Area
1,958
Density / Sq Mi
$72,233
Median Household Income
$38,105
Median Earnings
$1,072
Median Rent
$206,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Drive-thru equipped restaurant building with dedicated parking and installed cooking, hood, tap, and furniture.
Where is this drive through restaurant located?
The property is located at 1125 Edgar St York, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2,175 SF, drive‑thru equipped restaurant building in York, PA; Fully functional restaurant features including cooking equipment, hood system, and tap system; Restaurant furniture included
