1212 Maple StLebanon, PA 17046

Property Details for 1212 Maple St

Year built

2016

Lot size

1.99 AC

Property size (Sq ft)

15,661 SF

Property type

Investment properties

Property subtype

Live-work space

APN

07-2335408-373022-0001

APU

723354083730220001

Description

This exceptional 23,000-square-foot retail center, constructed in 2017, presents a prime investment opportunity in Lebanon, Pennsylvania. Located at 1212 Maple St, Lebanon, PA 17046, this Class B property boasts a single, one-story building with 85 parking spaces, providing ample convenience for customers. The center features multiple suites, with a minimum divisible space of 1,500 square feet and a maximum contiguous space of 15,000 square feet, offering flexibility for various retail tenants. Currently, six spaces are available, ranging in size from 1,500 to 4,500 square feet. Beyond the inline spaces, two pad sites are available for sale, ground lease, or build-to-suit options, adjacent to an existing McDonald's. This strategically located center serves the entire city of Lebanon, offering convenient access for the northern Lebanon market and easy accessibility from the greater Lebanon area. The property's strong location and versatile space make it an ideal investment for those seeking a thriving retail presence in a growing market. The property is situated in Lebanon County and is part of the Lebanon, PA submarket.

• CAP approach

  CAP return

  Valuation

  6%

  $2,417,275

  6.5%

  $2,231,331

  7%

  $2,071,950

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,200,878

  Geo Method

  $985,234

• Alternative Use

  Use

  Valuation

  Residential

  $2,766,850

  Hospitality

  $2,534,420

  Educational

  $2,108,608

  Medical

  $2,181,126

  Retail

  $3,280,057

Location Insight

City

Lebanon

County

Lebanon

State

Pennsylvania

Latitude

40.3495

Longitude

-76.4334

CBSA code

30140

CBSA name

LEBANON, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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