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$2,000,000
Est. payment /mo
5,437 SqFt
UPDATED:
11/12/2024 02:55 PM
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
Square Footage 5,437 sqft
Price per Sqft $367
Subdivision Red Lion
MLS Listing ID PAYK2071334
Originating Board BRIGHT
Year Built 2001
Annual Tax Amount $316
Tax Year 2024
Lot Size 0.410 Acres
Acres 0.41
Property Description
ONLINE REAL ESTATE AUCTION!! Bidding Opens - Monday, January 6, 2025. Bidding Closes - Wednesday, January 8, 2025 at 11:30 AM. List price is opening bid only. A $100,000 deposit, payable by cashier’s check or wire, will be required of all online bidders prior to the start of the live auction. Triple net ground lease to Sheetz, Inc., originally dated April 9, 1998 and as amended by subsequent addenda. The lease is in a five-year extension period, running through February 28, 2029, with an annual rent of $193,261.20 NNN. There are 5 remaining five-year options at 10% per period increased base rent. The extension beginning March 1, 2029 has an annual rent of $212,587.32 NNN. Tenant pays for all maintenance, insurance and annual real estate taxes.
Location
State PA
County York
Area York Twp (15254)
Zoning CS
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Garage Spaces 50.0
Water Access N
Accessibility Other
Total Parking Spaces 50
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Dallastown Area
Others
Tax ID 54-000-HJ-0066-E0-00000
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Auction
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Listed by Charles N Billig • A.J. Billig & Company
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