Park City Plaza

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer Park City Plaza (“The Property”), a 100% leased, 66,842 square foot shopping center located in Lancaster, PA. The Property features a 54,245 square foot service-oriented strip center with an excellent tenant lineup that includes DSW, Bonefish Grill, Ashley Homestore, and Olive Garden. Additionally, the center features two best-in-class pads in BJ’s Restaurant and Longhorn Steakhouse with strong remaining term. The Offering provides investors with the opportunity to acquire the shopping center as a single asset, the 54,245 SF in-line strip center, or the two pads as a subset or individually.

Park City Plaza is situated within the Park City Center Mall’s development and benefits from the +6.8M visits the mall has seen in the last 12 months providing investors with an excellent tenant lineup with over +5.0 years of weighted average lease term remaining and a 100% of gross income from national / credit tenancy. Park City Plaza’s best-in-class pad tenancy accounts for 24% of the gross income and 19% of the total GLA while boasting +8.7 years of weighted average lease term remaining within a Lancaster County submarket with a retail occupancy rate of 97%.

The center offers investors secure, long-term income from best-in-class national brand recognition with superior positioning within a prime retail corridor providing direct access to Harrisburg Pike (+18,500 VPD), Route 30 Interchange (+41,500 VPD) and Route 283 (+60,200 VPD). The ideal positioning services a highly captive trade radius, with a population of +189,928 and average household income of +$104,774 within a 5-mile radius.