303 Arsenal RdYork, PA 17402

  • Retail properties
  • 9,794 SF
For Lease

Property Details for 303 Arsenal Rd

Year built
2011
Lot size
1.53 AC
Property size (Sq ft)
9,794 SF
Zone code
C
Property type
Retail properties
Property subtype
Retail space
APN
36-000-JI-0040.J0-00000
APU
36000JI0040J000000

Description

This exceptional retail opportunity is located at 303 Arsenal Rd, York, PA 17402, within the Round the Clock Center. This 9,737 square foot strip center boasts a prime location at a four-way signalized intersection, offering unparalleled visibility. Currently, one retail space of 1,649 square feet is available for lease. Previously occupied by AT&T, this space is ideally situated off US Route 30 (Arsenal Road), experiencing 51,000 vehicles per day (VPD), and I-83, with 67,000 VPD. The property benefits from high traffic volume generated by nearby major warehouses and commuters. This strong retail corridor is anchored by national retailers including Sheetz, Cheddar's, Starbucks, Enterprise Rent-A-Car, Hardee's, McDonald's, and CVS, ensuring a robust customer base. The property is located in York County, Pennsylvania, and offers excellent access and visibility. The Net, Net, Net (NNN) lease rate is $9.43 per square foot. This space presents a unique opportunity for businesses seeking high visibility and strong traffic counts in a thriving retail environment. The property is easily accessible from major roadways, making it an ideal location for a variety of retail uses.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,892,242
    6.5%
    $2,669,762
    7%
    $2,479,064
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,391,452
    Geo Method
    $1,552,674
  • Alternative Use

    Use
    Valuation
    Residential
    $2,252,044
    Hospitality
    $2,062,860
    Educational
    $1,716,275
    Medical
    $1,775,301
    Retail
    $2,669,762
303 Arsenal Rd, York, Pennsylvania
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Location Insight

City
York
County
York
State
Pennsylvania
Latitude
39.9845
Longitude
-76.7263
CBSA code
49620
CBSA name
YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$28,809
$358,170
$609,560
$967,730
-
$358,170
$609,560
$967,730

FAQs

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