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Property profile & analytics
OFF-MARKET Estimated value $7,505,000
Office Spaces

780 Eden Rd Lancaster, PA 17601-4275

50,470 SF 4.08 ac lot Built 1993
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US73-5845649
Property summary
AI-generated overview

This exceptional Class A, 51,120 square foot industrial flex property in Lancaster, PA, presents a compelling net lease investment opportunity. The property, built in 1993, boasts a 100% occupancy rate with a single tenant, Boyd Corporation, a subsidiary of Goldman Sachs affiliates. The current lease, a net lease with minimal landlord responsibilities, has a remaining term of approximately 1.2 years, expiring January 31, 2026, but commenced August 1, 1997, indicating a long-standing relationship. The asking price is $6,250,000, representing a price per square foot of $122.26 and an attractive 8.08% cap rate based on a Net Operating Income (NOI) of $504,772. The tenant, a leader in high-performance thermal management solutions, has made substantial improvements to the building, including significant investments in transformers and water tanks, further enhancing the property's value and suggesting a high probability of continued occupancy. The property's strategic location between US Route 222 and US-30, coupled with strong demographics (over 170,000 people within a 5-mile radius), contributes to its investment appeal. The 4.08-acre site offers significant potential for future growth. This is a rare opportunity to acquire a stable, high-performing industrial asset with a strong tenant history and significant upside potential. No lease options remain.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1993
Construction STEEL FRAME
Total area 50,470 SF
Lot 4.08 ac (177,725 SF)
APN 390-21192-0-0000
UPID US73-5845649
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
  • Washaw Capital Inc Hotel & Motel
  • MLSaxinger & Associates, Inc. Landscaping (Bike/Boat/Book/etc) Store
  • Joe the Plumber Plumbing Service General Contractor
  • Tui-Na Wellness Massage Alternative Medicine Practice Spa & Massage Center
  • Alliance Home Help Home Health Care Service Health And Beauty
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$7.66M
CAP Approach CAP
$9.65M
Comparable Approach Comparable
$7.84M
Blend (final) Blend
$7.51M
Owner & transaction history
Koskap Partners · 19 yrs held
Koskap Partners
since 2007
Last sale
$6.3M
1 recorded transaction
2007
$4.4M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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