United StatesPennsylvaniaLancaster2124 AMBASSADOR Circle

2124 AMBASSADOR Circle
2124 AMBASSADOR Circle Lancaster, Pennsylvania 17603 United States

$3,250,000
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PPM Real Estate, Inc.

$3,250,000
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3.2 Acres
Exterior
Commercial
Property type
1994
Year Built
PALA2042956
Web Id
PALA2042956
MLS ID
Hempfield
School District
157
days ago

About 2124 AMBASSADOR Circle

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 Courtesy of PPM Real Estate, Inc.

The data relating to real estate for sale comes in part from Keystone Multi-List. Real estate listings held by brokerage firms other than Anne Lusk Sotheby's International Realty are marked with the Broker Reciprocity logo and information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. This IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.

features

lot description
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Style
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This Lancaster Commercial is for Sale at $3,250,000 and was built in 1994. Has on a lot of 3.2 Acres.

 

PPM Real Estate, Inc.

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