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Property profile & analytics
OFF-MARKET Estimated value $545,000
Day care centers

2301 Harrisburg Pike Lancaster, PA 17601-2415

11,348 SF Built 2009
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-3879036
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 2009
Total area 11,348 SF
APN 290-12271-1-0002
UPID US73-3879036
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
  • YourLife Gym Gym & Fitness Center
  • Reality Church Church
  • Pennsylvania Specialty Pathology Medical Laboratory
  • Dr. Shashi Baksh, MD Medical Laboratory Pathologist
  • Dr. Fabien K. Baksh, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$540k
CAP Approach CAP
by Request
Comparable Approach Comparable
$551k
Blend (final) Blend
$545k
Owner & transaction history
Healthy Lifestyle Properties LLC · 1 yrs held
Healthy Lifestyle Properties LLC
since 2024
2 recorded transactions
2024
Price N/A
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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