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2845 Concord Road

Updated Aug 24, 2026

CBL Properties Sells York Town Center Retail Center In York Pennsylvania For $50.6M
SOLDRetail

CBL Properties Sells York Town Center Retail Center In York Pennsylvania For $50.6M

2845 Concord Road

$50,600,000

$170/SF

Building Size

297,000 SF

Asset Type

Retail

Closing

Aug 19, 2026

About this deal

AI

A retail property located at 2845 Concord Road in York, PA, has been sold for $50,600,000. The asset spans 297,000 square feet and carries a price per square foot of $170. The property is an open-air regional retail center known as York Town Center.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $50,600,000
  • Square Footage: 297,000
  • Price Per Square Foot: $170
  • Market: York, PA
  • Seller: CBL Properties
  • Cap Rate: 8.5%
  • Anchors: DICK’S Sporting Goods, Boot Barn, Best Buy, ULTA
  • Buyer: Undisclosed

CBL Properties, along with its 50% joint venture partner, executed the sale of the retail center, which includes a total of 14 stores. The deal was finalized on August 19, 2026.

Players

CP
CBL PropertiesSeller

York Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $170 per square foot on a published $50.6M for 297,000 square feet (2026).

Browse York retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.31%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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