Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Attributes

Year Built 1986
Tenant REDNER'S MARKETS, Incorporated
Building Area
Land Area

Property Description

Jones Lang LaSalle Americas, Inc (“JLL”) is pleased to exclusively offer Ephrata Commons (the “Property”), a 54,810 square foot, grocery-anchored shopping center located in Ephrata, Lancaster County, Pennsylvania. The 100%-occupied Property is anchored by Redner’s Warehouse Markets, a leading regional grocery brand which accounts for over 74% of the gross revenue. The grocer has served the community for nearly 33 years and has over five years remaining on its term. The remaining tenant base consists of 96% essential tenant base who continue to operate business through the Covid-19 pandemic. 

Investment Highlights

  • Long-Tenured Redner’s Grocery Anchor In A Targeted Market
  • Durable, Secure Cash Flow And Exceptional Tenure
  • Long Tenured In-Line Tenancy with Recent Leasing Momentum
  • Extremely Tight Real Estate Market – 98% Occupancy
  • Centrally Located with Access To Major Employment Hubs

Chris Munley

Senior Managing Director

T +1 484 532 4207

M +1 609 610 1096

c.munley@am.jll.com


Jim Galbally

Senior Managing Director

T +1 215 988 5551

james.galbally@am.jll.com


Colin Behr

Senior Director

T +1 215 399 1819

M +1 215 896 4253

colin.behr@am.jll.com

Last Updated Date: 28 Jul 2020
Chris Munley
Chris Munley
Senior Managing Director, Capital Markets
License details
NJ-0683560 PA-RS314499
Colin Behr
Colin Behr
Senior Director, Capital Markets
License details
PA-RS318490

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Last Updated Date: 28 Jul 2020

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