Bought with Unrepresented Buyer • Unrepresented Buyer Office
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Key Details
Sold Price $2,992,500
Property Type Commercial
Sub Type Special Purpose
Listing Status Sold
Purchase Type For Sale
Subdivision Red Lion
MLS Listing ID PAYK2071334
Year Built 2001
Annual Tax Amount $316
Tax Year 2024
Lot Size 0.410 Acres
Property Sub-Type Special Purpose
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
Province PA
County York
Area York Twp (15254)
Zoning CS
Interior
Hot Water Other
Heating Other
Cooling Other
Exterior
Garage Spaces 50.0
Water Access N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Dallastown Area
Others
Special Listing Condition Auction
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Kory Prince
Owner/Director of Operations | -V61339
Owner/Director of Operations -V61339