1115 York RdGettysburg, PA 17325

For Sale
$3,700,000

High-Yield NNN Ground Lease, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a brand-new, 22,000 square foot Aldi grocery store on a 2.42-acre lot in Gettysburg, Pennsylvania. The property boasts a strong 20.3-year NNN ground lease with a prominent tenant, Aldi, projected to open April 1, 2025. The lease includes attractive 10% rent bumps every five years, starting in year 11, and six five-year renewal options, ensuring long-term, stable income. Located on York Road (US-30), a major retail corridor with 17,600 vehicles per day, the property benefits from high visibility and significant traffic. The surrounding area is affluent, with an average household income exceeding $100,000 within a five-mile radius. The property's strategic location is further enhanced by its proximity to Gettysburg College (two miles) and its position within a robust retail environment featuring numerous national retailers such as Walmart, Giant, CVS, and many others. Nearby, significant new developments are underway, including a 226-unit luxury apartment complex and a 256-unit single-family/townhouse community, promising continued growth and increased foot traffic. The property's strong performance is supported by Placer.ai data, which shows top-tier performance for nearby retailers. The asking price is $3,700,000, representing a 5.00% cap rate and a net operating income (NOI) of $185,000. This is a rare opportunity to acquire a high-performing, low-maintenance investment property with significant long-term growth potential. The building was constructed in 2025.

Highlights

  • Brand new Aldi NNN ground lease with 10% rent increases every five years starting in year 11.
  • Gettysburg, PA location; county seat, two miles from Gettysburg College, 35 miles southwest of Harrisburg.
  • High-traffic location on US-30 (York Road), 17,600 vehicles per day (VPD), in affluent area with over $100,000 average household income within five miles.
  • Strong Placer.ai performance for nearby retailers, including top-performing Giant, Sheetz, CVS, and numerous quick-service restaurants (QSRs).
  • Robust retail corridor with numerous national retailers including Walmart and Giant along high-traffic York Road.
  • Nearby new developments include a 226-unit luxury apartment complex and a 256-unit single-family/townhouse community.

Property Details for 1115 York Rd

Property type
Other retail properties, Individual retail properties
Square Feet
22,000 SF
Year Built
2025
Buildings
1
Lot Size (sq. ft)
105,415 SF

Location Insight

City
Gettysburg
County
Adams
State
Pennsylvania
Latitude
39.841265
Longitude
-77.204569
1115 York Rd, Gettysburg, Pennsylvania

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1115 York Rd
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