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1 Mill Rd
Newville, PA 17241

$1,691,000 USD

Storefront For Sale  •  14,855 SF

Property Details

  • Property Type Storefront
  • Total Building Size 14,341 SF
  • Lot Size 2.04 AC
  • Building Class C
  • Year Built 2013
  • Cap Rate 7.98 %
  • Tenancy Multiple
  • Zoning General Commercial
20 Walk Score

Highlights

Recession-resistant tenant lineup: Dollar General, H&R Block, and Diamond Palace Skill Games
H&R Block lease extended through January 31, 2035 with 2.5% annual rent increases
Modern 2013 construction minimizes CapEx exposure for incoming buyer
86% occupied with 2,009 SF of vacant upside available for incremental income
Located on Route 233, key connector between I-81 and I-76 with heavy commuter traffic
5-mile population of ~11,919; Dollar General ranked 51st nationally per AlphaMap data
Cap Rate: 7.98 %

Major Tenants

Tenant SF Occupied Lease End Date
Diamond Palace Skill Games
Dollar General
H&R Block

Public Transportation

AirportDriveWalkDistance
Harrisburg International 53 min - 39.0 mi
Baxter Gimer 771-208-7475 Matthews Real Estate Investment Services
Baxter Gimer 771-208-7475 Matthews Real Estate Investment Services