The Most Significant/Unique Financial Deal of 2020
Marcus & Millichap, York Market Place, East York, PA
Broker: Brad Nathanson
Anchored by 74,541 s/f Giant Food Markets with an Ahold Delhaize Guarantee for over 25 Years, recently renewing two years early for 10 years given 15 percent sales higher than chain average. Co-Anchored by 125,353 s/f. Lowe’s Home Improvement Store for over 25 Years, with sales more than 42 percent of the chain average. At 98 percent occupancy, York Marketplace provides a prominent retailer lineup backed by over 81 percent corporate leases with average sales psf of $442.00 from 70 percent of the tenants. Over 57,000 employees within three miles highlighted by the corporate headquarters for Harley Davidson, Post Consumer Brands, Caterpillar, and WellSpan Health.