2310 Lincoln Highway East

2310 Lincoln Highway East, Lancaster, PA 17601

For Sale: $2,720,000

5,482 SF

2310 Lincoln Highway East

2310 Lincoln Highway East, Lancaster, PA 17601

For Sale: $2,720,000

5,482 SF

  • 2310 Lincoln Highway East

Property Details


Building Size:

5,482 SF

Property Type:

Restaurant

Price:

$2,720,000

Sale Type:

Multi Tenant

Tenancy:

Single

Cap Rate:

5%

NOI:

$136,000

Building Status:

Existing

Project Description


Bennett Williams is pleased to exclusively offer for sale a single tenant net-leased Longhorn Steakhouse investment property in Lancaster, Pennsylvania. The tenant, Longhorn Steakhouse is currently operating under a 10-year ground lease that also includes (3) 5 year options, and (1) 4 year, 11 month option that can be exercised. The subject property is strategically situated along Lincoln Highway East (Route 30), which is a very busy corridor in the Lancaster, PA market since it is the main East-West corridor in the market and connects to consumers to all of the other surrounding major markets in the area.

Location Description:


Located approximately 80 miles from Baltimore and Philadelphia and 160 miles from New York City, Lancaster County boasts close proximity to major East Coast metropolitan markets. In fact, 50% of the U.S. population lives within 500 miles of Lancaster County. A community of over half-million people, Lancaster County encompasses 60 independent municipalities, including the City of Lancaster, 41 townships and 18 boroughs.

Property Location:



2310 Lincoln Highway East, Lancaster, PA, USA

Brokers

Brad Rohrbaugh

Executive VP, Retail Director
717.843.5555

717.891.7368

brohrbaugh@bennettwilliams.com

Chad Stine
President & CEO 717.843.5555

717.968.7505

cstine@bennettwilliams.com

Adam Hagerman

Senior Associate, Retail
717.843.5555 x235

717.870.6932

ahagerman@bennettwilliams.com

More Info