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    1201 Lancaster Rd Manheim, PA 17545

    For Lease
    Contact for pricing

    Prime Lancaster County Retail Space Available

    Lot size:
    45,780 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Penn Towne Center, a brand-new 45,780 square-foot retail shopping center, presents a unique investment opportunity in Manheim, Pennsylvania. This multi-tenant strip center boasts a highly visible location in Lancaster County, strategically positioned between two signalized intersections on Lancaster Road, a thoroughfare with a high daily traffic volume of 16,000 vehicles. The property offers three available spaces ranging in size from 1,400 to 174,240 square feet, providing flexibility for various retail concepts. Its prime location benefits from strong surrounding retail anchors, including established national brands such as Weis Markets, CVS Pharmacy, Grocery Outlet, and Dunkin’ Donuts. The center enjoys excellent visibility and accessibility, further enhanced by its proximity to a newly constructed Sheetz and Jonestown Bank & Trust. This presents a compelling opportunity for businesses seeking high-traffic exposure in a thriving retail market. The center's new construction ensures modern amenities and efficient layouts, making it an attractive option for both established retailers and emerging businesses. The available spaces offer significant potential for growth and profitability within a well-established and densely populated area. Invest in a thriving retail hub in a prime Lancaster County location.

    Property Features for 1201 Lancaster Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    45,780 SF

    Unit(s) available at that property

    Space
    Pad Site
    Size
    3,880 SF
    Space
    Pad Site 2
    Size
    174,240 SF
    Space
    116-120
    Size
    7,435 SF

    HighLights

    • Brand‑new 45,780 square‑foot retail shopping center in Manheim, PA.
    • High‑visibility location on Lancaster Road with 16,000 daily vehicles, situated between two signalized intersections.
    • Three available spaces ranging from 1,400 to 174,240 square feet.
    • Strong surrounding retail anchors including Weis Markets, CVS, Grocery Outlet, and Dunkin'.
    • Excellent visibility and accessibility, near a new Sheetz and Jonestown Bank & Trust.
    • Modern amenities and efficient layouts in a densely populated area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Nail Salon Auto Repair Shop Hotel & Motel Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Manheim
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.3817516
    Latitude
    40.1383065

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Lancaster County Retail Space Available
    Where is this neighborhood center located?
    The property is located at 1201 Lancaster Rd Manheim, PA.
    What are key features of this property?
    This property features: Brand-new 45,780 square-foot retail shopping center in Manheim, PA.; High-visibility location on Lancaster Road with 16,000 daily vehicles, situated between two signalized intersections.; Three available spaces ranging from 1,400 to 174,240 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
    1201 Lancaster Rd Manheim, PA 17545
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