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    Shopping Ctr Manchester, PA 17345

    For Lease
    $12 SF/Yr

    High-traffic shopping center with strong tenants.

    Lot size:
    23,838 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity presents a thriving retail center in Manchester, Pennsylvania. The property, known as Northeast Shopping Center, comprises two single-story buildings totaling 23,838 square feet situated on a 2.42-acre lot. Built in 1964, the center boasts a desirable location with high visibility and traffic flow, evidenced by its strong tenant roster including Dollar General, UPMC-Pinnacle's Manchester Family Medicine, Manchester Café, and Smoker's Outlet. Ample parking is available with 163 spaces, providing a convenient shopping experience for customers. The property is zoned Commercial and located in York County, PA, with a Manchester, PA 17345 zip code. The center's established tenant base and convenient amenities make it an attractive investment prospect. The property offers a significant opportunity for investors seeking a stable, income-generating asset in a growing market. With its substantial square footage and ample parking, this retail center is well-positioned for continued success and potential future growth. The property's location within a bustling neighborhood ensures consistent foot traffic and strong tenant occupancy. This is a rare opportunity to acquire a well-established retail center in a prime location.

    Property Features for 0 Shopping Ctr

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,838 SF
    Total Rate
    25327.88

    Building Details

    Year Built
    1964
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    1,200 SF
    Rate per SF
    $12
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Manchester
    County
    York
    State
    Pennsylvania
    Longitude
    -76.723374632049
    Latitude
    40.048444608476

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic shopping center with strong tenants.
    Where is this lifestyle center located?
    The property is located at Shopping Ctr Manchester, PA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    Request Owner's contact information
    Shopping Ctr Manchester, PA 17345
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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
    Shopping Ctr Manchester, PA 17345
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