Rodeway Inn Redevelopment

2331 Lincoln Hwy E, Lancaster, PA 17602

For Sale, For Lease

3.5 Acres

Rodeway Inn Redevelopment

2331 Lincoln Hwy E, Lancaster, PA 17602

For Sale, For Lease

3.5 Acres

  • Rodeway Inn Redevelopment

Property Details


Lot Size:

3.5 Acres

No. Lots:

1

Property Type:

Land, Retail

Parcel Number:

3101237600000

Zoning:

Village General

Price:

$4,200,000

Traffic Counts:

Lincoln Hwy: 41,000 VPD

Population:

3 Mile: 20,521
5 Mile: 77,646
7 Mile: 168,678

Project Description


2331 Lincoln Highway is a 3.5 Acre redevelopment opportunity ideally positioned along Lincoln Highway East (Route 30), which is the main thoroughfare for Lancaster, PA and its tourism district. The site features full access at a signalized intersection, as well as pylon signage and excellent visibility along the highway. The site is located less than 1 mile from area draws including the Tanger Outlets, Rockvale Outlets, Dutch Wonderland, and The American Music Theatre which cumulatively brings over 2,100,000 tourists to the immediate area every year.

Location Description:


The strategically positioned site benefi ts from having a signalized point of ingress/egress along Lincoln Highway East (Route 30). Lincoln Highway East sees over 41,000 VPD and provides easy access to other major roadways in the market, including Route 30 (84,000 VPD), Route 283 (46,000 VPD), and Route 222 (53,000 VPD). Located in East Lampeter Township, the project is surrounded by a great mix of family entertainment venues, dense retail, and residential, making the ideal location for any use.

Trade Area Description:


Approximately 11,000,000 tourists come to the Lancaster area each year, generating a direct economic impact of $1.92 Billion. The trade area is ranked 5th among the 49 DMAs in Pennsylvania. The immediate trade area has also seen a growth in population of 4.9% in the last 10 years which is above the national average. The closest regional retail corridors to the site include Route 30 and Fruitville Pike. Route 30 is highlighted by the Park City Mall which is a regional enclosed mall anchored by Boscov’s, JCPenney, and Kohl’s; other co-tenants include Apple, Michael Kors, Express, H&M and more. Fruitville Pike is highlighted by the Shoppes at Belmont which is a high-end, new construction shopping center anchored by Target, Whole Foods, Nordstrom Rack, Dick’s Sporting Goods, Michael’s
and includes other co-tenants like PF Changs, Starbucks, ULTA, and Chick Fil A.

Property Location:


AVAILABLE LAND: 3.5 Acres Acres

Land

Space Available: 3.5 Acres
Lease Rate: Negotiable
Offering: For Sale & Lease
Space Type: Land
Price: $4,200,000
Deal Status: Available

2331 Lincoln Hwy E, Lancaster PA 17602

2331 Lincoln Hwy E, Lancaster PA 17602

Brokers

Adam Hagerman

Retail Sales & Leasing
717.843.5555 x235

717.870.6932

ahagerman@bennettwilliams.com

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

More Info