Current Use by Public Records
- Neighborhood centers
Property Details for 1201 Lancaster Rd
- Property type
- Neighborhood centers
- Property subtype
- Retail properties & Spaces
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Manheim
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.3818
- Latitude
- 40.1383
