Flagship Car Wash with NNN
For Sale
Contact for pricing
500 Lancaster Ave, Strafford, PA 19087
Car wash property includes a long-term triple-net lease structure on a nearly one-acre parcel.
Property Size6,000 SF
Lot Size0.99 Acres
Price / SF$1,158
Days on Market139
Property Features for 500 Lancaster Ave
General Information
Standard status
Active
Size
6,000 SF
Class
A
Lot size
0.99 Acres
Property subtype
Retail, Special Purpose
Lease Type
Absolute Net
Investment Type
Sale/Leaseback
Net Operating Income
$441,325
Building Details
Year Built
2005
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
James Westerberg · License #NY 10401304686
Source:
Crexi
Added: Apr 16
Changed: Aug 31
Last Checked: Aug 30 at 4:17PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
This car wash property includes approximately 6,000 rentable square feet of building area on an estimated 0.99-acre parcel. The improvements were constructed in 2005 and are located at 500 Lancaster Avenue in Strafford, Pennsylvania.
The property is subject to a 20-year triple-net lease scheduled to begin upon close of escrow. The lease includes annual increases of 1.50%, providing a defined escalation structure over the lease term.
The property is subject to a 20-year triple-net lease scheduled to begin upon close of escrow. The lease includes annual increases of 1.50%, providing a defined escalation structure over the lease term.
Key Highlights
- Approximately 6,000 rentable square feet of building space
- Estimated 0.99‑acre parcel
- 20‑year Triple Net (NNN) lease commencing upon close of escrow
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
829
Businesses Nearby
42k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Electronics 89%
Shops & Services 11%
Micro Center
Electronics
37,719 visits/mo
0.3 miles
PNC Bank
Shops & Services
3,301 visits/mo
0.3 miles
Visionworks
Shops & Services
1,322 visits/mo
0.2 miles
Demographics for 19087, PA
33,501
Population
12,829
Households
2.6
Avg Household Size
40
Median Age
78%
College-Educated
97%
High-School Grad
15.6 sq mi
ZIP Area
2,148
Density / Sq Mi
$165,451
Median Household Income
$71,234
Median Earnings
$2,130
Median Rent
$693,200
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?
Car wash - Car wash property includes a long-term triple-net lease structure on a nearly one-acre parcel.
Where is this car wash located?
The property is located at 500 Lancaster Ave Strafford, PA.
What is the asking price?
The asking price for this property is $6,950,000.
What are key features of this property?
This property features: Approximately 6,000 rentable square feet of building space; Estimated 0.99‑acre parcel; 20‑year Triple Net (NNN) lease commencing upon close of escrow
