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Property profile & analytics
OFF-MARKET
Neighborhood centers

108 Reading Rd Ephrata, PA 17522

Built 1955
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity is located within the Cloister Shopping Center, a well-established strip center in Ephrata, Pennsylvania. The property, situated at 108 N Reading Rd, 17522, boasts a highly visible location on Route 272, directly across from Ephrata Hospital, ensuring significant foot traffic and brand exposure. The available space totals 2,122 square feet and is part of a larger 12-suite building constructed in 1955. The entire shopping center sits on a 22,216 square foot lot, zoned HC. This space previously housed a fully fitted Weight Watchers and offers immediate occupancy potential for a variety of retail uses. The lease rate is $13 per square foot, triple net (NNN), plus electricity. NNN charges are $4.25 per square foot, resulting in a monthly rent of $3,050 and an annual rent of $36,604. The single-story building is part of a larger one-building complex. Lancaster County APN is 260-84489-0-0000. This property presents a unique chance to establish a thriving business in a high-traffic area with excellent visibility and convenient access. Don't miss this opportunity to secure a prime retail location in a thriving community.

Property profile
Verified
Property type Neighborhood centers
Year built 1955
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Shred Nations Recycling Center Waste Management Facility
  • Cricket Wireless Authorized Retailer Mobile Phone Store Electronics & Wireless Store
  • Domino's Pizza Take-out & Catering
  • H n H TREE SERVICE Landscaping General Contractor
  • Tobacco King and Vape (Bike/Boat/Book/etc) Store Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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