839 Main StEphrata, PA 17522

  • Retail properties
  • 14,220 SF
For Lease

Property Details for 839 Main St

Year built
2020
Construction
FRAME
Lot size
2.00 AC
Property size (Sq ft)
14,220 SF
Property type
Retail properties
Property subtype
Retail space
APN
270-31788-0-0000
APU
2703178800000

Description

This exceptional retail sublease opportunity is located at 839 E Main St, Ephrata, PA 17522, within the vibrant Ephrata East Crossing shopping center in Lancaster County. The space is currently configured as a quick-service restaurant (QSR), offering an immediate advantage for a similar business. The property boasts excellent visibility and signage, ensuring high traffic and brand recognition. The center enjoys a strong tenant mix, including established businesses such as Panera Bread, AT&T, and Mattress Firm, creating a synergistic and desirable shopping environment. Ample parking is available, with nearly 100 spaces to accommodate customers and employees. Recent improvements to the property include a new roof and a completely renovated parking lot, completed in the fourth quarter of 2024, ensuring a well-maintained and modern shopping experience. This inline space presents a turnkey solution for a QSR seeking a high-traffic location in a thriving Lancaster County community. The property's strategic location and existing infrastructure provide a significant advantage for a business looking to establish or expand its presence in the area. The combination of strong visibility, ample parking, and a reputable tenant mix makes this an exceptional opportunity for a discerning business owner. This sublease presents a chance to capitalize on an already established and successful location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,226,440
    6.5%
    $2,978,252
    7%
    $2,765,520
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,747,765
    Geo Method
    $4,682,122
  • Alternative Use

    Use
    Valuation
    Residential
    $2,512,267
    Hospitality
    $2,301,223
    Educational
    $1,914,591
    Medical
    $1,980,436
    Retail
    $2,978,252
839 Main St, Ephrata, Pennsylvania

Location Insight

City
Ephrata
County
Lancaster
State
Pennsylvania
Latitude
40.1647
Longitude
-76.1588
CBSA code
29540
CBSA name
LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$30,849
$96,000
$1,245,200
$1,341,200
-
$96,000
$1,245,200
$1,341,200

FAQs

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