Lancaster Mavis Auto Shop For Sale

1655 Columbia Ave, Lancaster, PA

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For Sale

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NNN leased Mavis auto shop in Lancaster, Pennsylvania.

Type:RETAIL

Property size:

6,168 SF

Lot size:

0.61 Acres

Price / SF:

$453/SF

HighLights

15‑year lease commenced on March 13, 2023
Annual rent is $175,000
Rent increases by 10% every 5 years
Two 5‑year and one 4‑year 11‑month renewal options
Located at 1655 Columbia Ave in Lancaster, PA
Building size is approximately 2,548 rentable square feet on 0.57‑acre

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Listing Contact

Glen Kunofsky

For Sale

Contact for pricing

NNN leased Mavis auto shop in Lancaster, Pennsylvania.

Type:RETAIL

Property size:

6,168 SF

Lot size:

0.61 Acres

Price / SF:

$453/SF

Added:: Sep 7, 2023
Days on Market:: 1013
Last Refresh:: May 19 at 9:14 pm

Property Features for 1655 Columbia Ave

General Information

Standard status: Active
Size: 6,168 SF
Lot size: 0.61 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Glen Kunofsky

Listing agent Glen Kunofsky License #49KU1129178

Listing office NNN Pro Group

Listing date Sep 7, 2023

Source Moodyscre

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 NNN Pro Group

HighLights

15‑year lease commenced on March 13, 2023
Annual rent is $175,000
Rent increases by 10% every 5 years
Two 5‑year and one 4‑year 11‑month renewal options
Located at 1655 Columbia Ave in Lancaster, PA
Building size is approximately 2,548 rentable square feet on 0.57‑acre

Overview

The property at 1655 Columbia Ave in Lancaster, PA, is a Mavis auto shop. It features approximately 2,548 rentable square feet of building space on an estimated 0.57-acre parcel of land. The property is subject to a 15-year lease that commenced on March 13, 2023. The current annual rent is $175,000, with scheduled rent increases of 10% every 5 years throughout the base term and in each of the two 5-year and one 4-year 11-month renewal options. The property size is 6,168 square feet.

Property Profile Location Intelligence

Current Use by Public Records

Mavis Discount Tire (Bike/Boat/Book/etc) Store COMING SOON: Mavis ... (Bike/Boat/Book/etc) Store

Suggested Use

Similar Places Nearby

PRB Tires — 49 Redwood Dr, Lancaster, PA 17601
Auto Paint Revolution — 1820 Columbia Ave, Lancaster, PA 17603
ALEM EMERGENCY ROADSIDE ASSISTANCE SERVICE LLC — 250 stone mill rd, lancaster, pa 17603
Midas — 1810 Columbia Ave, Lancaster, PA 17603
K&W Tire — 1810 Columbia Ave, Lancaster, PA 17603

Location Insight

Map
Local Demand

City: Lancaster
County: Lancaster
State: Pennsylvania
Longitude: -76.3508
Latitude: 40.0383

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