r1_topleft r1_topmid r1_topright
r2_left
r3_left r3_mid r3_right
fill
fill

r4_mid
Previous | Next
Back to Search

2124 Ambassador Circle,  Lancaster PA, 17603

(Active)
$3,250,000
|
|
MLS# PALA2042956
Last Updated: 5/13/2024 5:37 PM
Description for 2124 Ambassador Circle Lancaster, PA 17603
Excellent property in an ideal location currently leased to a quality tenant, River Rock Academy, on a triple net lease through 6/30/2030 + Tenant has one 5-year option. Price reflects a 6% cap rate (Est. NOI of $196,303.45). Lease includes annual CPI increases to base rent. | The 15,277sf single story building is situated on a 3.2 acre, mostly impervious, site, with 192 parking spaces. Well maintained, fully sprinklered, gas heat and central air, covered outside patio area in the rear, 3 glass door entrances, nicely finished, windows in all perimeter walls and several interior rooms with glass and sidelights. NO SIGN ON THE PROPERTY. TENANT IS AN OPERATING SCHOOL WITH STUDENTS PRESENT DURING THE DAY. DO NOT VISIT THE PROPERTY DURING SCHOOL HOURS OR SPEAK WITH ANY STAFF. SHOWINGS MAY OCCUR MON-THURS STARTING AT 4:45PM.
Price
$3,250,000
LANCASTER
PALA2042956
Active
Description
Excellent property in an ideal location currently leased to a quality tenant, River Rock Academy, on a triple net lease through 6/30/2030 + Tenant has one 5-year option. Price reflects a 6% cap rate (Est. NOI of $196,303.45). Lease includes annual CPI increases to base rent. | The 15,277sf single story building is situated on a 3.2 acre, mostly impervious, site, with 192 parking spaces. Well maintained, fully sprinklered, gas heat and central air, covered outside patio area in the rear, 3 glass door entrances, nicely finished, windows in all perimeter walls and several interior rooms with glass and sidelights. NO SIGN ON THE PROPERTY. TENANT IS AN OPERATING SCHOOL WITH STUDENTS PRESENT DURING THE DAY. DO NOT VISIT THE PROPERTY DURING SCHOOL HOURS OR SPEAK WITH ANY STAFF. SHOWINGS MAY OCCUR MON-THURS STARTING AT 4:45PM.
Listing Information
Property Type: Business Opportunities, Other
3.2 Acres 1994
Slab
Neighborhood
Room Information
Interior Features
Central Air
Gas Heat, Forced Air
Exterior / Lot Features
192 Parking Spaces,
0.00 x 0.00
Driving Directions
Located between Good Drive & Rohrerstown Rd on Ambassador Circle. Situated immediately behind Lowe's Home Improvement
Financial Considerations
290-37763-0-0000
$34,697
Listing Price History

Lancaster Real Estate

Lancaster is located in Pennsylvania. Lancaster, Pennsylvania 17603 has a population of 61,412.

The median household income in Lancaster, Pennsylvania 17603 is $56,664. The median household income for the surrounding county is $68,791 compared to the national median of $66,222. The median age of people living in Lancaster 17603 is 40 years.

Loading nearby sales and history ...
Courtesy: PPM Real Estate, Inc.
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/13/2024 5:37 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

Ask a Question?
Send Now
Start a no spam email conversation
Lancaster Real Estate
Nearby Communities
Previous | Next
Back to Search

fill



©2001-2005 Community Website, 27081 Aliso Creek Road, Suite 200, Aliso Viejo, CA 92656. All rights reserved.

Email:rdesksupport@realestatedigital.com
fill