839 Main StEphrata, PA 17522
- Retail properties
- 14,220 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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