Facebook LinkedIn Twitter Vimeo RSS

Starbucks-anchored retail center in York County sold for $3.8M

By ,
The Round the Clock Center on Arsenal Road in Springettsbury Township has been sold for $3.8 million.
The Round the Clock Center on Arsenal Road in Springettsbury Township has been sold for $3.8 million. - (Photo / )

Round The Clock Center, a Starbucks-anchored retail strip center on Route 30 in Springettsbury Township, has a new owner.

A New Jersey-based buyer, 303 Arsenal Rd York LLC, purchased the center from York PA Realty LLC, a New York-based investor, for $3.8 million. The Philadelphia office of Marcus & Millichap brokered the deal.

In addition to Starbucks, the 9,737-square-foot center is home to four other tenants: Qdoba, AT&T, Hertz and uBreakiFix.

Craig Dunkle, an investment specialist at Marcus & Millichap, represented both the buyer and seller in the deal, which closed May 31.

"The property is located in a market with explosive retail and commercial growth taking place," he said. "Two of the tenants renewed their leases during the marketing process, which showed the buyer strong signs of commitment to this retail location."

The center is near Interstate 83 and sits across the street from a Sheetz and a Tru by Hilton hotel. The hotel opened last year.
 

More From This Industry

Jason Scott

Jason Scott

Jason Scott covers state government, real estate and construction, media and marketing, and Dauphin and Cumberland counties. Have a tip or question for him? Email him at jscott@cpbj.com. Follow him on Twitter, @JScottJournal.

Leave a Comment

test

Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy

Comments

Entertainment October 15, 2018 5:23 am

Itís remarkable to visit this web site and reading the views of all mates concerning this It is my prideparagraph i much like this. Here is the complete list of indian Tv Dramas. Watch here.
Silsila Badalte Rishton Ka

We stumbled over here from a different web page andi much it thought
I might as well check things out.
Kasuti Zindagi ki

to visit this site repeatedly as it is very useful and delightful for me.
Thispost truly made my day.
kumkum bhagya

Govt jobs October 15, 2018 5:23 am

Very much nice to become community member by posting here. Happy to see this artilce, truely amazing.
Govt jobs in Pakistan

Jeklin Kilan September 27, 2018 3:12 am

Very Informative article, Amazing article. I am so impressed.
Happy New Year 2019

close