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BJ's Brewhouse - Lancaster, PA
925 Plaza Blvd, Lancaster, PA, 17601, US
$2,622,000 | 6,914 sf
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer Golden Triangle Shopping Center, a 202,790 square foot, 98% leased, LA Fitness, Marshalls, and Staples anchored neighborhood center located in Lancaster, Lancaster County, PA. LA Fitness, Marshalls and Staples account for 43% of the Property’s gross income with +19 years of tenure at the Property each.
The Property serves as a true destination-oriented neighborhood center servicing the community in which it is located with a highly complementary, contemporary merchandising mix with retail uses that include food & beverage, fitness and other service-oriented uses. The Property provides investors a stable income stream with a weighted average lease term of +4.5 years and a weighted average tenure of +18.4 years with over 83% of income derived from tenants with credit or national tenancy.
Golden Triangle Shopping Center offers investors secure, durable income from an essential tenant base and high-performing anchors located in an extremely in-fill location with a population of +189,800 and an average household income of +$113,600 within a 5-mile radius in addition to excellent transportation infrastructure and significant economic demand drivers in the immediate trade radius.