1115 York Rd Gettysburg, PA 17325

Property Details for 1115 York Rd

Year built

2025

Lot size

2.42 lot acres

Property size

22,000 SF

Property type

Grocery and convenience stores

Description

This exceptional investment opportunity presents a brand-new, 22,000 square foot Aldi grocery store on a 2.42-acre lot in Gettysburg, Pennsylvania. The property boasts a strong 20.3-year NNN ground lease with a prominent tenant, Aldi, projected to open April 1, 2025. The lease includes attractive 10% rent bumps every five years, starting in year 11, and six five-year renewal options, ensuring long-term, stable income. Located on York Road (US-30), a major retail corridor with 17,600 vehicles per day, the property benefits from high visibility and significant traffic. The surrounding area is affluent, with an average household income exceeding $100,000 within a five-mile radius. The property's strategic location is further enhanced by its proximity to Gettysburg College (two miles) and its position within a robust retail environment featuring numerous national retailers such as Walmart, Giant, CVS, and many others. Nearby, significant new developments are underway, including a 226-unit luxury apartment complex and a 256-unit single-family/townhouse community, promising continued growth and increased foot traffic. The property's strong performance is supported by Placer.ai data, which shows top-tier performance for nearby retailers. The asking price is $3,700,000, representing a 5.00% cap rate and a net operating income (NOI) of $185,000. This is a rare opportunity to acquire a high-performing, low-maintenance investment property with significant long-term growth potential. The building was constructed in 2025.

Location Insight

City

Gettysburg

County

Adams

State

Pennsylvania

Longitude

-77.204569

Latitude

39.841265