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Property profile & analytics
OFF-MARKET Estimated value $7,000,000
Grocery and convenience stores

1700 Fruitville Pike Ste A Lancaster, PA 17601-4098

65,012 SF Built 1998
Entity Owned Absentee Owner Free & Clear
Property ID
US73-2253394
Property summary
AI-generated overview

This 18,369 square foot retail property, built in 1998, is located in Lancaster County on Fruitville Pike. Currently a single-tenant Pep Boys location, 10,204 square feet are available for lease. The existing tenant, Pep Boys, occupies the remaining space under a long-term ground lease and will continue its tire and auto repair operations. The vacated 10,204 square feet offers flexible space ranging from approximately 3,200 to 11,500 square feet, adaptable to a variety of uses. Ideal tenants include medical facilities (dialysis, plasma centers), daycare centers (child or pet), discount retailers, furniture stores, tool and hardware retailers, and automotive businesses that do not directly compete with the existing Pep Boys services (collision centers, auto glass, or non-competing auto parts). The property boasts high visibility from all directions and ample parking. Its location is typically surrounded by nationally recognized retailers, ensuring high traffic and visibility. Cash allowances may be negotiated, contingent upon a rent structure that provides a reasonable return on investment. The property consists of a single, one-story building.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1998
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 65,012 SF
Zoning code C3
APN 339-91417-1-0001
UPID US73-2253394
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Verizon Mobile Phone Store Electronics & Wireless Store
  • PetSmart (Bike/Boat/Book/etc) Store Pet Store & Service
  • US Post Office Post Office
  • Penske Truck Rental Car Rental Facility
  • P'HChimney&DryerVentCleaning General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.00M
Owner & transaction history
WEIS MARKETS INC
WEIS MARKETS INC
Zoning & alternative use
C3 · Lancaster, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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