Sprint Wireless

720 Loucks Road, York, PA 17404

For Sale: $1,550,000

2,715 SF

Sprint Wireless

720 Loucks Road, York, PA 17404

For Sale: $1,550,000

2,715 SF

  • Sprint Wireless

Property Details


Building Size:

2,715 SF

Property Type:

Freestanding

Price:

$1,550,000

Sale Type:

Single Tenant

Tenancy:

Single

Cap Rate:

4.55%

NOI:

$70,590

Traffic Counts:

Loucks Road: 53,000 CPD

Population:

3 Miles: 88,52
5 Miles: 147,494
7 Miles: 200,066

Building Status:

Existing

Investment Highlights


  • Recently renovated free-standing retail building with a long term lease in place with one of the largest Sprint Wireless dealers
  • Larger lot-size allows the investor the opportunity to lease to a larger tenant after the current lease expires.

Project Description


720 Loucks Road is a 2,715 square-foot recently renovated free-standing retail building located in the heart of the York, Pennsylvania retail market. The property is ideally and conveniently located along Loucks Road (Route 30), which is the main thoroughfare for the York market (53,000 CPD). Sprint Wireless is under a brand new, 10-year lease agreement with (3) five (5) year options, providing a buyer with long-term income.

Location Description:


Located approximately 55 miles from Baltimore, 100 miles from Philadelphia and 190 miles from New York City, York County boasts close proximity to major East Coast metropolitan markets. A community of over 440,000
people, York County encompasses 72 independent municipalities, including the City of York, 35 townships and 37 boroughs.

Property Location:


Sprint

Space Size: 2,715 SF
Offering: For Sale


720 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

More Info