108 Reading Rd Ephrata, PA 17522
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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