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    1360 Columbia Ave Lancaster, PA 17603

    Sponsored
    For Lease
    $23 SF/Yr

    Lancaster County retail center, high traffic.

    Lot size:
    106,736 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Stone Mill Plaza presents a compelling investment opportunity in the thriving Lancaster County market. This 106,736 square-foot retail strip center boasts a prime location at a signalized intersection along Columbia Avenue (Route 462), ensuring high visibility and accessibility. The center is anchored by a Giant supermarket, a significant traffic driver, and complemented by a strong lineup of national retailers including Subway, Taco Bell, PNC Bank, and Cricket Wireless. Currently, there are three available spaces ranging from 1,000 to 2,250 square feet, providing flexibility for various retail concepts. The property sits on a 6.7-acre lot and is zoned GC. With its established tenant mix and strategic location, Stone Mill Plaza offers a stable income stream and significant growth potential. The existing vacancy totals 16,765 square feet. The property's Net Net Net (NNN) charges are $5.15 per square foot. This well-positioned retail center is an ideal investment for those seeking a strong return in a desirable market. The property's established tenant base and high traffic location make it a prime opportunity for expansion and long-term growth. Consider this exceptional opportunity to acquire a piece of Lancaster County's thriving retail landscape.

    Property Features for 1360 Columbia Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    106,736 SF
    Total Rate
    204577.33

    Unit(s) available at that property

    Space
    15
    Size
    2,250 SF
    Rate per SF
    $23
    Space
    12
    Size
    1,875 SF
    Rate per SF
    $23
    Space
    21
    Size
    1,000 SF
    Rate per SF
    $23

    HighLights

    • Stone Mill Plaza is a 106,736 square‑foot retail strip center in Lancaster County, PA.
    • The property features a Giant‑anchored tenant lineup including Subway, Taco Bell, PNC Bank, and Cricket Wireless.
    • Three retail spaces are available, ranging from 1,000 to 2,250 square feet.
    • The property sits on 6.7 acres and is zoned GC.
    • There are 16,765 square feet of vacant space.
    • NNN charges are $5.15 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    GIANT Pharmacy Pharmacy GIANT Grocery Store Bernis Fleming-Ulsh Pharmacy Charles Klein Pharmacy higi Health Consultant

    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
    Lancaster
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.3403923
    Latitude
    40.0367551

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    FAQs

    What type of property is this?
    Neighborhood center - Lancaster County retail center, high traffic.
    Where is this neighborhood center located?
    The property is located at 1360 Columbia Ave Lancaster, PA.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: Stone Mill Plaza is a 106,736 square-foot retail strip center in Lancaster County, PA.; The property features a Giant-anchored tenant lineup including Subway, Taco Bell, PNC Bank, and Cricket Wireless.; Three retail spaces are available, ranging from 1,000 to 2,250 square feet.
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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
    1360 Columbia Ave Lancaster, PA 17603
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