Freestanding NNN Restaurant
For Sale
$389,500
250 S CHERRY ALY, Elizabethtown, PA 17022
Papa John’s occupies the building under a renewed lease with extension options and a scheduled rent increase.
Property SizeContact for details
Days on Market43
Property Features for 250 S CHERRY ALY
General Information
Standard status
Active
Listing Agency:
Bennett Williams Realty, Inc.
(717) 383-6647
Listed By:
Joshua Miller · License #RS365967
(717) 383-6647
Source:
Keygroupmd
Added: Jul 20
Changed: Aug 30
Last Checked: Aug 30 at 4:31PM
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 Realty, Inc.
Investment Insights
Based on property information with market context.
This freestanding commercial building contains approximately 2,683 square feet, including approximately 1,300 square feet that can accommodate partial owner occupancy or an additional tenant. A new roof and sealant were installed in 2022, supported by a 10-year warranty.
Papa John’s occupies the property under a renewed five-year lease with two additional five-year options. The building is zoned for Central Business District use and operates under a triple net lease structure, with a 10% rent increase scheduled after the initial term. The property is located at 250 S. Cherry Alley in Elizabethtown, PA 17022.
Papa John’s occupies the property under a renewed five-year lease with two additional five-year options. The building is zoned for Central Business District use and operates under a triple net lease structure, with a 10% rent increase scheduled after the initial term. The property is located at 250 S. Cherry Alley in Elizabethtown, PA 17022.
Key Highlights
- Freestanding building with approximately 2,683 square feet
- Approximately 1,300 square feet available for partial owner occupancy or an additional tenant
- New roof and sealant installed in 2022 with a 10‑year warranty
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
780
Businesses Nearby
56k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 39%
Home Improvements & Furnishings 6%
Dunkin' Donuts
Dining
12,765 visits/mo
0.4 miles
Taco Bell
Dining
12,162 visits/mo
0.4 miles
Turkey Hill Minit Market
Shops & Services
8,993 visits/mo
0.2 miles
Advance Auto Parts
Shops & Services
4,453 visits/mo
0.4 miles
Truist
Shops & Services
3,413 visits/mo
0.1 miles
Demographics for 17022, PA
31,163
Population
12,950
Households
2.4
Avg Household Size
42
Median Age
33%
College-Educated
93%
High-School Grad
55.0 sq mi
ZIP Area
567
Density / Sq Mi
$79,075
Median Household Income
$42,844
Median Earnings
$1,381
Median Rent
$272,700
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?
NNN property - Papa John’s occupies the building under a renewed lease with extension options and a scheduled rent increase.
Where is this nnn property located?
The property is located at 250 S CHERRY ALY Elizabethtown, PA.
What is the asking price?
The asking price for this property is $389,500.
What are key features of this property?
This property features: Freestanding building with approximately 2,683 square feet; Approximately 1,300 square feet available for partial owner occupancy or an additional tenant; New roof and sealant installed in 2022 with a 10‑year warranty
