Tom Poss
Office: 301.698.3232
Cell: 301.514.3900
2124 Ambassador Cir, LANCASTER
$3,250,000
0 Beds
0 Baths
15,277 Sqft
3.2 Acres
0 Garages
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 6.2% cap rate (Est. NOI of $202,597.68). 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.
Essential Information
MLS® #PALA2042956
Price$3,250,000
Bathrooms0.00
Square Footage15,277
Acres3.20
Year Built1994
TypeCommercial Sale
Sub-TypeSpecial Purpose
StatusPending
Community Information
Address2124 Ambassador Cir
AreaEast Hempfield Twp (10529)
CityLANCASTER
CountyLANCASTER-PA
StatePA
MunicipalityEAST HEMPFIELD TWP
Zip Code17603
Interior
HeatingForced Air
CoolingCentral A/C
Exterior
ExteriorBlock
Lot DescriptionLevel
RoofFlat
FoundationSlab
School Information
DistrictHEMPFIELD
Additional Information
ZoningREGIONAL COMMERCE CTRZONE
Listing Details
OfficePPM Real Estate, Inc.
Office Contact7173943374
Property History
Status Changed from Active to Pending
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Listing information last updated on January 11th, 2025 at 6:45am EST.
