2124 Ambassador Circle, Lancaster, PA 17603 | MLS PALA2042956 | Listing Information | Berkshire Hathaway HomeServices Homesale Realty | Berkshire Hathaway HomeServices Homesale Realty
FOR SALE
$3,250,000  

2124 Ambassador Circle
Lancaster, PA 17603

Business Opportunities
Commercial
3.2
Acres Lot
Courtesy: PPM Real Estate, Inc.
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.
PALA2042956
Business Opportunities, Other
LANCASTER
1994
3.2 Acres
Interior Features
Cooling
Central Air
Heating
Gas Heat. Forced Air.
Exterior / Lot Features
Parking
192 Parking Spaces.
Lot Dimensions
0.00 x 0.00
Financial Considerations
290-37763-0-0000
$34,697
Courtesy: PPM Real Estate, Inc.
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