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Shoppes at Wyndham | York, PA

Shoppes at Wyndham | York, PA

924-948 S Richland Ave, York, PA 17403

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PROPERTY DETAILS

Price

$6,802,338

NOI

$442,152

Cap Rate

6.50%

Building Size

±18,680

Marketing Description

The Shoppes at Wyndham is a well-positioned retail strip center located in York, Pennsylvania, offering a stable investment opportunity with a diverse mix of nationally recognized and regional tenants. Anchored by Dunkin, School of Rock, and Anytime Fitness, the center benefits from strong consumer traffic and complementary uses that drive consistent footfall throughout the day.

This offering provides an opportunity to acquire a stabilized, Lidl shadow-anchored retail asset with strong upside potential driven by future rent growth and tenant retention in a vibrant suburban market.

Investment Highlights

  • Prime Location: Situated on S. Richland Avenue, a high-visibility corridor with strong traffic counts and excellent access to surrounding residential neighborhoods.
  • Tenant Mix: Features a blend of food service, fitness, and specialty retail, creating a balanced and resilient income stream.
  • Creditworthy Tenants: Dunkin and Anytime Fitness provide long-term stability, while School of Rock adds a unique experiential component to the center.
  • Lease Structure: Long-term leases with renewal options and contractual rent escalations ensure predictable cash flow, backed by a weighted average lease term of 5.2 years.
  • Market Fundamentals: York County is a growing market with solid demographics, strong household incomes, and proximity to major highways.
  • York College Expansion: York College is investing $26 million to expand Northside Commons, scheduled for completion in June 2026 to support rising enrollment and a 40% surge in applications for the 2025–2026 academic year. The new housing reinforces the college’s role as a regional anchor.

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