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    985 Far Hills Dr New Freedom, PA 17349

    For Lease
    $15 SF/Yr

    Prime Retail Space, High Traffic Area

    Lot size:
    29,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Stonebridge Plaza offers an exceptional opportunity for retail businesses seeking a thriving location in Shrewsbury, PA. This single-building, 29,600 square-foot strip center is situated on a 3.19-acre lot and zoned I. Currently, there are two available spaces ranging from 1,600 to 4,800 square feet, perfect for a variety of retail or service-based businesses. The center boasts a strong anchor tenant, Gold's Gym, and benefits from the proximity to other successful retail centers like Shrewsbury Commons and Shrewsbury Square Shopping Center. This prime location is further enhanced by its close proximity to major employers including Johnson Controls, Nexterus, Oakworks, and WellSpan, ensuring a consistent flow of potential customers. The property's strategic placement within a well-established commercial area guarantees high visibility and accessibility. The net operating expenses are structured as a triple net lease (NNN) at a rate of $4.51 per square foot. This presents a compelling investment opportunity for businesses looking to establish or expand their presence in a robust and growing market. The property's size and layout offer flexibility for various business models, making it an ideal choice for those seeking a well-positioned retail space in a thriving community.

    Property Features for 985 Far Hills Dr

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    29,600 SF
    Total Rate
    37000

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    800
    Size
    4,800 SF
    Rate per SF
    $15
    Space
    950
    Size
    1,600 SF
    Rate per SF
    $15

    HighLights

    • 29,600 square‑foot retail strip center in Shrewsbury, PA.
    • Multiple tenancy with two spaces available, ranging from 1,600 to 4,800 square feet.
    • Anchored by Gold's Gym and situated near other strong retail centers and major employers.
    • Located on a 3.19‑acre lot in York County.
    • NNN lease rate of $4.51 per square foot.
    • Zoned I.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Freedom
    County
    York
    State
    Pennsylvania
    Longitude
    -76.6642825
    Latitude
    39.7740969

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail Space, High Traffic Area
    Where is this neighborhood center located?
    The property is located at 985 Far Hills Dr New Freedom, PA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 29,600 square-foot retail strip center in Shrewsbury, PA.; Multiple tenancy with two spaces available, ranging from 1,600 to 4,800 square feet.; Anchored by Gold's Gym and situated near other strong retail centers and major employers.
    Request Owner's contact information
    985 Far Hills Dr New Freedom, PA 17349
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    Realmo Value Estimation

    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.

    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.

    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
    985 Far Hills Dr New Freedom, PA 17349
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