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- LoopNet Team
10 Newport Rd
Leola, PA 17540
GIANT FOOD STORE · Retail Property For Sale
Investment Highlights
- The center is 100% occupied and Giant has been operating at this location since 1996 having extended its lease numerous times.
- Growing demographics with 3,142 people within 1 mile, 14,867 people within 3 miles and 49,118 people within 5 miles.
- Situated at the corner of Newport Road and W Main Street with combined traffic counts over 22,000 vehicles per day.
- Giant lease is corporately guaranteed by Ahold Delhaize, an investment grade credit tenant rated BBB by Standard & Poor's.
- Closest national grocery competitors are a Martin Foods located 4 miles away and an ALDI located 5 miles away.
- Giant makes up 95% of the GLA with two additional small, inline tenants who have a long track record of occupancy in Leola Square.
PROPERTY FACTS
About 10 Newport Rd , Leola, PA 17540
Founded in 1923 in Carlisle, Pa., The GIANT Company is passionate about connecting families and creating healthier communities. As an omni-channel retailer, GIANT proudly serves millions of neighbors across Pennsylvania, Maryland, Virginia and West Virginia. With more than 33,000 talented team members supporting nearly 190 stores, 132 pharmacies, 105 fuel stations, and over 125 online pickup hubs and grocery delivery service in hundreds of zip codes, The GIANT Company is changing the customer experience and creating an impact in local communities for a better future. The GIANT Company family of brands includes GIANT, MARTIN'S, GIANT Heirloom Market, GIANT DIRECT and MARTIN’S DIRECT. The GIANT Company is a company of Ahold Delhaize USA.
PROPERTY TAXES
| Parcel Number | 360-73896-0-0000 | Improvements Assessment | $3,230,600 |
| Land Assessment | $950,000 | Total Assessment | $4,180,600 |
PROPERTY TAXES
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