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2124 Ambassador Circle

LANCASTER, PA 17603
  • $3,250,000
  • STATUS: Active
  • ON SITE: 117 Days
  • ID#: PALA2042956
$3,250,000
  • 0
    BEDS
  • 3.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1994
County:

School Ratings & Info

School District:

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.

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©2024 Bright MLS, All Rights Reserved. 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or McClain-Williamson Realty, LLC.. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-03-04T23:51:05.58.
www.mcclainwilliamson.com/homes/145101210
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2124 Ambassador Circle LANCASTER, PA 17603

  • Price: $3,250,000
  • Status: Active
  • On Site: 117 Days
  • ID#: PALA2042956
0
Beds
0
Baths
0
½ Baths
3.2
Acres
1994
Built
Neighborhood:
East Hempfield Twp (10529)
County:
Lancaster
Area:
East Hempfield Twp (10529)
School District:
Hempfield
Property 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.
Exterior Features

Construction Materials Block Garage YN No Lot Features Level Parking Types Parking Lot Riparian Rights YN No Roof Flat Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling Central A/C Fireplace YN No Heating Forced Air Heating YN Yes Net Square Feet 15277.00

Property Features

Acceptable Financing CashExchangeConventional Accessibility Features No Stairs Assessment Year 2023 Business Type Other Central Air YN Yes Cooling Fuel Electric Foundation Details Slab Heating Fuel Natural Gas Hot Water Natural Gas Municipality EAST HEMPFIELD TWP Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 802700971068 Ownership Interest Fee Simple Possession Subject to Existing Lease Property Sub Type Special Purpose Sale Type Standard Sewer No Sewer System Tax Annual Amount 34697.00 Tax Assessment Amount 1638300.00 Vacation Rental YN No Water Source None Zoning REGIONAL COMMERCE CTRZONE

Listing courtesy of PPM Real Estate, Inc.: .


©2024 Bright MLS, All Rights Reserved. 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or McClain-Williamson Realty, LLC.. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-03-04T23:51:05.58.
 
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McClain-Williamson Realty, LLC.
47 Main St.
East New Market MD, 21631