Current Use by Public Records
- Retail properties & Spaces
Property Details for 100 Bar Dr
- Year built
- 2024
- Lot size
- 2.07 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Banks
Description
This exceptional investment opportunity presents a 4,370 square foot Charles Schwab bank located within the Camp Hill Commons shopping center in Camp Hill, Pennsylvania. The property, built in 2024, sits on a 2.07-acre lot and is offered at $2,700,162, representing a price per square foot of $617.89 and a 6.15% cap rate. The property boasts a strong Net Lease (NNN) structure with a credit-rated, corporate guarantee from Charles Schwab, minimizing landlord responsibilities. The current lease, with a remaining term of 9.8 years, includes two 5-year lease options with 10% rent bumps in each option period, ensuring future income growth. The location within the vibrant Camp Hill Commons benefits from high visibility, excellent accessibility, and proximity to major roadways, drawing from a substantial daytime population of 143,786 within a 3-mile radius and an average household income of $93,541. The surrounding area includes a diverse mix of national and local businesses, creating a synergistic and attractive commercial environment. The property's strong NOI of $166,060 further underscores its investment potential. This is a rare opportunity to acquire a high-quality, net-leased property anchored by a financially stable, nationally recognized tenant.
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
- Camp Hill
- County
- Cumberland
- State
- Pennsylvania
- Longitude
- -76.9184
- Latitude
- 40.2567
