Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lititz Flex Space Available Title is generated by Realmo AI

    30 Wright Ave, Lititz, PA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Flex space available for lease in Lititz, Pennsylvania.

    Type:FLEX_R_AND_D
    Property size:
    36,080 SF
    Lot size:
    3.73 Acres
    Added:
    Apr 24, 2024
    Days on Market:
    750
    Last Refresh:
    Apr 5 at 10:07 pm

    Property Features for 30 Wright Ave

    General Information

    Standard status
    Active
    Size
    36,080 SF
    Lot size
    3.73 Acres
    Property subtype
    FLEX_R_AND_D

    Spaces For Lease

    at 30 Wright Ave Contact us

    We can help!

    Listing Contact
    Scott Williams
    Scott Williams

    Listing agent Scott Williams License #RS305598

    Listing office JLL | Wayne

    Listing date Apr 24, 2024

    Source Moodyscre

    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 JLL | Wayne

    HighLights

    • 5,000 SF New Office Space Available
    • Features 2 Tailgate Docks and 1 Drive‑in
    • 45 Parking Spaces
    • 20' - 22' Clear Height
    • $9.75/SF NNN Lease Rate
    • CAM $1.42/SF

    Overview

    This flex space property, located in Lititz, Pennsylvania, offers 36,080 square feet of space suitable for industrial and warehouse use. The property features 2 tailgate docks and 1 drive-in door. A new office space of 5,000 square feet is included. The warehouse has a clear height ranging from 20 to 22 feet. There are 45 parking spaces available. The lease rate is $9.75 per square foot NNN, with CAM charges of $1.42 per square foot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Moe's Southwest Grill — 1054C Lititz Pike, Lititz, PA 17543

    Location Insight

    • Map
    • Local Demand
    City
    Lititz
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.3167
    Latitude
    40.1221

    Nearby Similar for Lease

    • $35,000 SF/Yr

      Stand-Alone Office Building For Lease

      Stand-alone office building with accessibility to Lancaster and Lititz.
      118 W AIRPORT Road, LITITZ, PA 17543
      View Details
    • $1,700/Mo

      Lititz Office Space For Lease

      Two-story office space with wood floors near Route 222.
      135 ROTHSVILLE STATION Road, LITITZ, PA 17543
      View Details
    • $596/Mo

      Office Space in Lititz

      Office space for lease in Lititz, Pennsylvania.
      1398 E OREGON Road, LITITZ, PA 17543
      View Details
    • $149,402 SF/Yr

      Class A Office Space

      Class A office space for lease in landmark Lititz building.
      100 W MILLPORT Road, LITITZ, PA 17543
      View Details
    • $133,086 SF/Yr

      Class A Office Space

      Class A office space in landmark building with superior finishes.
      100 W MILLPORT Road, LITITZ, PA 17543
      View Details
    • $282,488 SF/Yr

      Class A Office Space Available

      High-end office space with gym, cafe, and ample parking.
      100 W MILLPORT Road, LITITZ, PA 17543
      View Details
    • Contact for pricing

      Tapestrie: Flexible Commercial Development Opportunity

      50-acre development site suitable for medical, office, and light industrial.
      495 E OREGON Road, LITITZ, PA 17543
      View Details
    • Contact for pricing

      Tapestrie: Flexible Commercial Development Opportunity

      50-acre development site suitable for medical, office, and light industrial tenants.
      495 E OREGON Road, LITITZ, PA 17543
      View Details
    • Contact for pricing

      50-Acre Development in Manheim Township

      50-acre development seeking medical, educational, professional office, and flex tenants.
      495 E OREGON Road, LITITZ, PA 17543
      View Details
    • Contact for pricing

      50-Acre Development in Lititz, PA

      50-acre development for medical, educational, office, and flex/light industrial tenants.
      495 E OREGON Road, LITITZ, PA 17543
      View Details
    • $180,024 SF/Yr

      Medical Office Space Available

      7,501 SF medical office space for lease in Lititz, PA.
      640 E OREGON Road, LITITZ, PA 17543
      View Details
    • $70,000 SF/Yr

      Stand-Alone Office Building For Lease

      Stand-alone office building with accessibility to Lancaster and Lititz.
      118 W AIRPORT Road, LITITZ, PA 17543
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex space available for lease in Lititz, Pennsylvania.
    Where is this flex space located?
    The property is located at 30 Wright Ave Lititz, PA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 5,000 SF New Office Space Available; Features 2 Tailgate Docks and 1 Drive‑in; 45 Parking Spaces
    (610) 249-2255 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Scott Williams
    Scott Williams
    Real Estate License ID: RS305598
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    30 Wright Ave, Lititz, PA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!