Freestanding Fireworks Retail
For Sale
$1,400,700
2920 Whiteford Rd, York, PA 17402
NNN leased freestanding fireworks retailer on a highly visible Whiteford Road parcel with direct drive access.
Property Size8,004 SF
Lot Size1.26 Acres
Price / SF$175
Days on Market51
Property Features for 2920 Whiteford Rd
General Information
Standard status
Active
Size
8,004 SF
Lot size
1.26 Acres
Additional Details
Road Access
Yes
Building Details
Year Built
1997
Tenancy
Single
Listing Agency:
Bennett Williams Realty, Inc.
Listed By:
Bradley A Rohrbaugh · License #RS223194L
(717) 843-5555
Source:
Selltheshore
Added: Jul 24
Changed: Sep 8
Last Checked: Sep 12 at 11:05AM
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 property is a freestanding Wicked Fireworks location operating under a NNN lease. The tenant reimburses the landlord for all expenses, and the lease features a 5-year initial term. The offering includes the retail site on a 1.26-acre parcel.
The property is situated along Whiteford Road and is described as highly visible. The site has direct access to and from Whiteford Road, with common access shared with neighboring tenants.
Wicked Fireworks is positioned within a growing retail environment, with nearby national brands including Target, Kohl’s, Marshalls, Boot Barn, and Dick’s Sporting Goods.
The property is situated along Whiteford Road and is described as highly visible. The site has direct access to and from Whiteford Road, with common access shared with neighboring tenants.
Wicked Fireworks is positioned within a growing retail environment, with nearby national brands including Target, Kohl’s, Marshalls, Boot Barn, and Dick’s Sporting Goods.
Key Highlights
- 1997‑built freestanding Wicked Fireworks on a 1.26‑acre parcel along Whiteford Road
- NNN lease in place: landlord reimbursed for all expenses by tenant
- Wicked Fireworks operates under a 5‑year initial term NNN lease
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
$95,505
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
6.82%
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%
$1,910,100
$1.9M
Cap Rate 7%
$1,364,357
$1.4M
Cap Rate 9%
$1,061,167
$1.1M
Market Conditions
NOI Build-Up for 8,004 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
$144.1K $18.00/SF
− Vacancy
−$7.6K −$0.95/SF
EGI
$136.4K $17.05/SF
− OpEx
−$40.9K −$5.11/SF
NOI
$95.5K $11.93/SF
Area
York County, PA
Vacancy
5.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
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%
$1,910,100
Cap Rate 7%
$1,364,357
Cap Rate 9%
$1,061,167
Alternative Uses
Best Use
Retail
$1.36M
$1.19M – $1.59M
NOI $95,505 @ 7.0% cap · market cap 6.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.32M
$2.03M – $2.70M
NOI $162,221 @ 7.0% cap · market cap 11.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
583
Businesses Nearby
404k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 33%
Shops & Services 33%
Apparel 32%
Hotels & Casinos 1%
Boscov's
Apparel
66,752 visits/mo
0.3 miles
DICK'S Sporting Goods
Apparel
46,504 visits/mo
0.3 miles
Texas Roadhouse
Dining
42,083 visits/mo
0.3 miles
Michaels
Shops & Services
35,045 visits/mo
0.5 miles
Rutters
Shops & Services
30,837 visits/mo
0.2 miles
Demographics for 17402, PA
36,978
Population
14,751
Households
2.5
Avg Household Size
43
Median Age
35%
College-Educated
91%
High-School Grad
18.7 sq mi
ZIP Area
1,977
Density / Sq Mi
$77,134
Median Household Income
$46,039
Median Earnings
$1,307
Median Rent
$247,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - NNN leased freestanding fireworks retailer on a highly visible Whiteford Road parcel with direct drive access.
Where is this retail space located?
The property is located at 2920 Whiteford Rd York, PA.
What is the asking price?
The asking price for this property is $1,400,700.
What are key features of this property?
This property features: 1997‑built freestanding Wicked Fireworks on a 1.26‑acre parcel along Whiteford Road; NNN lease in place: landlord reimbursed for all expenses by tenant; Wicked Fireworks operates under a 5‑year initial term NNN lease
