Listing Agency: U.S. Commercial Realty d***@uscommercialrealty.net Show Phone

Listed By: Daniel Berger Jr. · License #PA AB068331

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 12:18AM

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Investment Insights

Based on property information with market context.

This retail space at 162 East King Street encompasses 5,722 SF in Lancaster, Pennsylvania 17602. The offering is available for sale and carries a 3.69% CAP rate.

Key Highlights

• 5,722 SF of retail space
• 3.69% CAP rate
• 162 East King Street, Lancaster, PA 17602

Property Analytics

Property Profile

Current Use

Western Union Bank Cash-A-Check Bank

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Plumbing Service Acupuncture Carpet & Flooring Store Pet Store Pet Store & Service

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

3,590

Businesses Nearby

117k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Hotels & Casinos 35% Shops & Services 27% Groceries 19% Dining 18%

Lancaster Marriott Hotels & Casinos

40,779 visits/mo 0.3 miles

McDonald's Dining

19,295 visits/mo 0.4 miles

C-Town Supermarkets Groceries

9,025 visits/mo 0.3 miles

Sunoco Shops & Services

8,706 visits/mo 0.5 miles

Turkey Hill Minit Market Shops & Services

8,115 visits/mo 0.4 miles

Demographics for 17602, PA

52,665

Population

19,472

Households

2.7

Avg Household Size

37

Median Age

28%

College-Educated

83%

High-School Grad

24.6 sq mi

ZIP Area

2,141

Density / Sq Mi

$71,752

Median Household Income

$38,469

Median Earnings

$1,272

Median Rent

$250,600

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 - Commercial space offered for acquisition in Lancaster, Pennsylvania.

Where is this retail space located?

The property is located at 162 East King Street Lancaster, PA.

What are key features of this property?

This property features: 5,722 SF of retail space; 3.69% CAP rate; 162 East King Street, Lancaster, PA 17602