555 Ryan Run RdYork, PA 17404

For Sale
$3,950,000

High-Yield Retail Center in York, PA

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional two-story shopping center, located at 555 Ryan Run Road in York, Pennsylvania (zip code 17404), presents a compelling investment opportunity. The 24,000 square foot property, built in 2007, sits on a 2.25-acre lot and boasts a 7.69% cap rate. Currently, nine tenants occupy 99% of the leasable space, with an average remaining lease term of three years, ensuring a strong and consistent cash flow. The property features ample on-site parking, a significant advantage for both tenants and customers. Its strategic location near Route 30 and Exit 22 (N. George St.) of I-83 provides excellent accessibility and visibility, tapping into a robust demographic area. The property is zoned for its current use and previously held approval for a planned residential development, offering potential future development options. The asking price for this high-performing retail center is $3,950,000. This is a rare opportunity to acquire a well-established, cash-flowing commercial property in a desirable location with significant upside potential. The property's strong occupancy, favorable lease terms, and prime location make it an ideal addition to any investment portfolio.

Highlights

  • Abundant on-site parking.
  • Conveniently located near Route 30.
  • Excellent access to I-83 via Exit 22 (N. George St.).
  • Desirable demographics.

Property Details for 555 Ryan Run Rd

Property type
Lifestyle centers, Power centers
Square Feet
24,000 SF
Year Built
2007
Buildings
1
Stories
2
Lot Size (sq. ft)
98,010 SF

Location Insight

City
York
County
York
State
Pennsylvania
Latitude
40.001516227903
Longitude
-76.755827076633
555 Ryan Run Rd, York, Pennsylvania

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555 Ryan Run Rd
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