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Available For Sale - Retail

78,462 SF | Show Pricing $

AVAILABILITY DETAILS

Size
78,462 SF
Price/SF
Show Pricing $
Listing ID
SA460935
Notes
78,464SF Center on 12 acres anchored by Orrstown Bank Operation through 2029 (regional bank headquarters). The Center is 97% leased with national and regional credit tenants including brand new Dollar Tree lease beginning July 2021. Recent renovations include facade updates, roof replacement, led lighting and replacement of several HVAC units.



Businesses are attracted to Chambersburg’s excellent location, which is ideal for reaching industrial and consumer markets of more than 100 million people by truck, rail, sea or air. Chambersburg is within 500 miles of half the U.S. population and situated within a 100-mile radius of Baltimore and Washington, D.C., and a 150-mile radius of Pittsburgh and Philadelphia. Harrisburg, the Pennsylvania capitol, is less than an hour’s drive from Chambersburg.



The trade area extends over 5 miles, which brings in an expansive customer base. With high concentration of traffic driven by the surrounding retail market as well as the major highway (US 81), the center pulls from the immediate and surrounding areas. The 20-minute drive time demographic of over 71,396 people with household incomes of more than $76,751 and daytime employment demographics equally as strong with 48,075 as well as a 10-mile radius household expenditure of $2.17 Billion. The demographics within a 10-mile radius include 90,266 people in 37,168 homes, a labor force of 73,180 with an average household income of $76,274. The areas growth has increased 21.0% with over 7,812 new homes.
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Tonney Insley, SVN | Miller Commercial Real Estate
BRE# 653457