2301 Harrisburg Pike Lancaster, PA 17601-2415
- Day care centers
- 11,348 SF
Current Use by Public Records
- YourLife Gym / Gym / Nutritionist
- Reality Church / Church
- Pennsylvania Specialty Pathology / Medical Laboratory
- Dr. Shashi Baksh, MD / Medical Laboratory / Pathologist
- Dr. Fabien K. Baksh, MD / Pathologist
Property Details for 2301 Harrisburg Pike
- Year built
- 2009
- Property size
- 11,348 SF
- Property type
- Day care centers
- APN
- 290-12271-1-0002
- APU
- 2901227110002
Description
This exceptional investment opportunity presents a single-story, 10,500 square foot office building located at 2301 Harrisburg Pike in Lancaster, Pennsylvania, 17600. Currently leased to Chesterbrook Academy under a triple net (NNN) lease with a robust 10-year term commencing March 1, 2024, this property offers a compelling 7.00% capitalization rate. The building sits on a prime location between Routes 30 and 283, providing convenient access to major transportation arteries. Its proximity to Penn Medicine Lancaster General Health Campus and Penn State Health's new hospital further enhances its desirability within a strong growth corridor. The property features ample parking with 40 spaces and is zoned for Community Business Center use. With a single tenant and a long-term lease in place, this is an ideal investment for those seeking stable, passive income. The building comprises one unit within a single building, offering ease of management and streamlined operations. This is a rare opportunity to acquire a well-located, high-performing asset with significant long-term potential. The asking price is $3,100,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.3608
- Latitude
- 40.0733
- CBSA code
- 29540
- CBSA name
- LANCASTER, PA METROPOLITAN STATISTICAL AREA
