3970 Carlisle Rd Dover, PA 17315-3506
This exceptional investment opportunity presents a brand-new, single-tenant, net-leased retail property occupied by Mavis Discount Tires. Located at 3970 Carlisle Rd, Dover, PA 17315, this 6,730 square foot building sits on a 3.15-acre lot and boasts a prominent location along Carlisle Road, a major thoroughfare connecting Dover to York and Dillsburg. Constructed in 2023, the Class A property features a 15.1-year lease commencing October 30, 2023, and expiring November 30, 2038, ensuring long-term stability. The current asking price is $3,223,900, representing a compelling 5.75% cap rate with a Net Operating Income (NOI) of $159,500. The 100% occupancy rate and built-in rental increases throughout the lease term provide a secure and attractive return on investment. Mavis Discount Tires, a major national brand with over 2,100 retail locations, demonstrates the strength and stability of this tenant. This property offers a rare opportunity to acquire a high-quality, net-leased asset with a strong tenant and significant long-term growth potential in a thriving Pennsylvania market. The property's strategic location and the tenant's established brand provide a compelling investment proposition for discerning buyers seeking a stable, high-yield return.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Dover, PADover. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.