15 Cinema DrYork, PA 17402

Property Details for 15 Cinema Dr

Year built

2006

Lot size

2.05 AC

Property size (Sq ft)

22,200 SF

Zone code

C-H

Property type

Retail space

APN

46-000-JJ-0058.E0-00000

APU

46000JJ0058E000000

Description

This exceptional 22,380 square foot retail strip center, located at 15 Cinema Drive in York, Pennsylvania (zip code 17402), presents a unique investment opportunity. Situated on a 2.12-acre lot, this property enjoys a highly visible location along Cinema Drive, with convenient access from Market Street. The center features multiple entry points, ensuring excellent accessibility for customers. Currently, the center houses a mix of established businesses, including Marcello's Pizza, CPRS Physical Therapy, and White Rose Dental, alongside a strong presence of national brands such as Dollar General, Rite Aid, Turkey Hill, and McDonald's in the immediate vicinity. One retail space of 6,180 square feet is currently available. The property is zoned Commercial Highway and is located in York County. The property's strong tenant mix and prime location contribute to its high traffic volume. Net operating expenses are $3.40 per square foot. This property offers an excellent opportunity for retailers seeking a thriving location within a well-established commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $3,878,340

  6.5%

  $3,580,010

  7%

  $3,324,290

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,770,380

  Geo Method

  $1,452,470

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $6,934,360

  Mixed-Use / Specialty

  $3,586,240

  Hospitality / Lodging

  $2,655,840

  Office

  $3,584,720

  Institutional / Educational

  $3,735,030

  Residential Income

  $4,369,990

  Multifamily

  $5,135,830

  Automotive / Energy

  $3,201,460

  Parking / Income-Based Land

  $1,086,020

  Restaurant / Food Service

  $1,905,770

  Healthcare / Senior Housing

  $3,658,140

Location Insight

City

York

County

York

State

Pennsylvania

Latitude

39.9816

Longitude

-76.649

CBSA code

49620

CBSA name

YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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