890 Loucks Road

890 Loucks Road, York, PA 17404

For Sale: $3,752,316.00

4,840 SF

890 Loucks Road

890 Loucks Road, York, PA 17404

For Sale: $3,752,316.00

4,840 SF

  • 890 Loucks Road
  • 890 Loucks Road

Property Details


Building Size:

4,840 SF

Property Type:

Freestanding

Price:

$3,752,316.00

Sale Type:

Multi Tenant

Tenancy:

Multi

Cap Rate:

6%

Traffic Counts:

Loucks Road: 67,000 VPD

Population:

3 Miles: 86,944
5 Miles: 139,785
7 Miles: 197,767

Building Status:

Existing

Project Description


890 Loucks Road is a 4,840 square-foot, newly constructed retail building ideally positioned along Loucks Road (Route 30), which is the main thoroughfare for York, PA. (67,000 VPD). Both Tenants in the building are under brand new 10 and 15 year leases with options. Along with its ideal location, the property is situated at a signalized corner with two different points of access.

Location Description:


Along with its great visibility and access to Route 30, this site benefits from a demographic area that includes top manufacturers in York County such as Target, Starbucks, Harley Davidson and Johnson Controls, all with substantial distribution centers along I-83 just a few short miles away, as well as a new 220,000 square-foot hospital currently under construction and slated to open early 2018 for Pinnacle Health Memorial Hospital.

Trade Area Description:


Adding to the stability of the project, 890 Loucks Road shows a 20-minute drive time demographic of over 336,646 people with household incomes of more than $75,123 and daytime employment demographics equally as strong with 161,342. The demographics within a 10-mile radius include 266,196 people in 105,144 homes, a labor force of 140,451 with an average household income of $74,563. The area’s growth since 2000 has increased over 15.6% with over 16,502 new homes.

Property Location:



890 Loucks Road, York, PA, USA

Brokers

Brad Rohrbaugh

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

Blake Shaffer

Retail Sales & Leasing
717.843.5555 x232

717.654.5612

bshaffer@bennettwilliams.com

More Info