470 Loucks RdYork, PA 17404

Property Details for 470 Loucks Rd

Year built

1986

Lot size

2.88 AC

Property size (Sq ft)

17,080 SF

Zone code

C

Property type

Retail properties

Property subtype

Auto shops

APN

36-000-16-0001.C0-00000

APU

36000160001C000000

Description

This 9,340-square-foot retail space in York, Pennsylvania, is available for lease at 470 Loucks Rd, 17404. The property is currently a single-tenant building, previously occupied by Pep Boys. While the tire and auto repair portion of the business will remain operational, approximately 9,340 square feet of former parts sales area is vacant and available for lease. The landlord, Pep Boys, offers flexible lease terms with no limitations on lease length. Cash allowances are negotiable, contingent upon rent aligning with a reasonable return on investment. The space is suitable for a variety of uses, including but not limited to: medical facilities (dialysis centers, plasma centers), childcare centers, doggie daycares, discount retailers, mattress/furniture stores, tool and hardware stores, and automotive-related businesses that do not directly compete with the existing tire and repair operations (e.g., collision centers, auto glass repair, or auto parts stores that do not overlap with the existing tenant's offerings). The available space falls within a range of 3,200 to 11,500 square feet, offering flexibility for potential tenants. This prime location in York, PA presents a unique opportunity for businesses seeking high visibility and ample space. The property's high traffic location and flexible lease terms make it an attractive option for a variety of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $5,068,072

  6.5%

  $4,678,220

  7%

  $4,344,062

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,188,077

  Geo Method

  $2,707,747

• Alternative Use

  Use

  Valuation

  Residential

  $3,946,254

  Hospitality

  $3,614,748

  Educational

  $3,007,428

  Medical

  $3,110,858

  Retail

  $4,678,220

Location Insight

City

York

County

York

State

Pennsylvania

Latitude

39.982

Longitude

-76.7424

CBSA code

49620

CBSA name

YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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