Property profile

1201 Memory Ln York, PA 17402

OFF-MARKET
Neighborhood centers
10,500 SF
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Property summary

AI-generated overview

Memory Lane Plaza presents a unique investment opportunity in a newly renovated 10,500 square foot retail strip center. Located in York County at the highly visible, signalized intersection of Memory Lane and Whiteford Road, this single-story building offers excellent accessibility and visibility. The property benefits from ample parking, ensuring convenient access for customers. Its strategic location provides easy access to Route 30 and nearby I-83, maximizing exposure to a large customer base. The surrounding area boasts a strong mix of national retailers, medical and professional offices, industrial businesses, and car dealerships, creating a vibrant and thriving commercial environment. This presents a significant advantage for tenants seeking high foot traffic and brand synergy. A potential pad site with drive-thru capabilities is also available, offering further development potential and increased revenue streams. The entire center underwent a complete renovation in 2023, ensuring modern and attractive spaces for tenants. This property is ideal for investors seeking a stable, high-traffic retail investment in a rapidly growing area. The multiple tenancy structure provides diversification and potential for strong rental income.

Property profile

Verified
Property type Neighborhood centers
Total area 10,500 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic

Location

1201 Memory Ln York, PA 17402
York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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