Updated Aug 24, 2026
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
York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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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