Listing Agency: Encore Real Estate Investment Services d***@encorereis.com Show Phone

Listed By: Danny Samona · License #MI 6501387591

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 5:04PM

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Investment Insights

Based on property information with market context.

This offering comprises a 13,255-square-foot retail property identified with CVS. The property is available for sale and reflects an 8.86% capitalization rate. It is located at 2110 Spring Valley Road in Lancaster, Pennsylvania 17601.

Key Highlights

• 13,255 SF retail property
• 8.86% CAP rate
• Located at 2110 Spring Valley Rd, Lancaster, PA 17601

Property Analytics

Property Profile

Current Use

CVS Photo (Bike/Boat/Book/etc) Store Santander Bank ATM Atm CVS Pharmacy Pharmacy LibertyX Bitcoin ATM Atm Redbox Cinema

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Gym & Fitness Center Electrical Service Furniture & Home Goods Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,059

Businesses Nearby

18k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 87% Dining 13%

Grocery Outlet Bargain Market Groceries

16,059 visits/mo 0.4 miles

SUBWAY Dining

2,416 visits/mo 0.4 miles

Demographics for 17601, PA

55,710

Population

23,126

Households

2.4

Avg Household Size

43

Median Age

48%

College-Educated

94%

High-School Grad

33.5 sq mi

ZIP Area

1,663

Density / Sq Mi

$96,433

Median Household Income

$50,358

Median Earnings

$1,477

Median Rent

$324,000

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - A CVS retail property is offered for sale in Lancaster, Pennsylvania.

Where is this retail space located?

The property is located at 2110 Spring Valley Rd Lancaster, PA.

What are key features of this property?

This property features: 13,255 SF retail property; 8.86% CAP rate; Located at 2110 Spring Valley Rd, Lancaster, PA 17601