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2960-3000 Whiteford Rd, York, PA 17402
The property is located on Whiteford Road in York, Pennsylvania.
Property Size65,180 SF
Price / SF$176.28
Days on Market46
Property Features for 2960-3000 Whiteford Rd
General Information
Standard status
Active
Size
65,180 SF
Property subtype
RETAIL
Listing Agency:
Landmark Commercial Realty
(717) 731-1990
Listed By:
Michael Rohm
(717) 400-1819
Source:
Moodyscre
Added: Aug 12
Changed: Sep 24
Last Checked: Sep 26 at 5:29AM
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 Landmark Commercial Realty
Investment Insights
Based on property information with market context.
This shopping center contains 65,180 square feet and is located at 2960-3000 Whiteford Road in York, Pennsylvania. Offering materials, tenant profiles, and financial statements may be reviewed after signing a nondisclosure agreement.
Key Highlights
- 65,180‑square‑foot shopping center
- 2960‑3000 Whiteford Road address in York, Pennsylvania
- Offering materials, tenant profiles, and financial statements available after NDA execution
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
$777,741
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
6.77%
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%
$15,554,820
$15.6M
Cap Rate 7%
$11,110,586
$11.1M
Cap Rate 9%
$8,641,567
$8.6M
Market Conditions
NOI Build-Up for 65,180 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
$1.17M $18.00/SF
− Vacancy
−$62.2K −$0.95/SF
EGI
$1.11M $17.05/SF
− OpEx
−$333.3K −$5.11/SF
NOI
$777.7K $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%
$15,554,820
Cap Rate 7%
$11,110,586
Cap Rate 9%
$8,641,567
Alternative Uses
Best Use
Retail
$11.11M
$9.72M – $12.96M
NOI $777,741 @ 7.0% cap · market cap 6.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$18.87M
$16.51M – $22.02M
NOI $1,321,033 @ 7.0% cap · market cap 11.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
583
Businesses Nearby
404k
Monthly Visits Nearby
Well-served
Demand for This Use
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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- York Mall Shopping Center — Concord Rd, East York, PA 17402
- York Town Center — 2845 Concord Rd, York, PA 17402
- Commerce, multiple units — 2860 whiteford rd, york, pa 17402
- Avalon Village — 2820 Whiteford Rd, York, PA 17402, United States
- Whiteford Square — 2860 Whiteford Rd, York, PA 17402
Frequently Asked Questions
What type of property is this?
Shopping center - The property is located on Whiteford Road in York, Pennsylvania.
Where is this shopping center located?
The property is located at 2960-3000 Whiteford Rd York, PA.
What is the asking price?
The asking price for this property is $11,490,000.
What are key features of this property?
This property features: 65,180‑square‑foot shopping center; 2960‑3000 Whiteford Road address in York, Pennsylvania; Offering materials, tenant profiles, and financial statements available after NDA execution
