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3200 Cape Horn Rd

$2,000,000

3200 Cape Horn Rd, York, Pa 17402

Active
Last Updated: 02/05/2025

193,261

NOI

5,437 sqft

Building Size

Details:
NOI:    $193,261
Building Size:    5,437 sqft
Year Built:    2001
Price Per Sqft:    $367.85
Zoning:    CS
Highlights:
  • Days on Market: 67
  • Parking Features: Handicap Parking
  • Heating: Other
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.

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