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3545 Gettysburg Rd 16,912 SF 100% Leased Retail Building Camp Hill, PA 17011 $14,646,762 CAD ($866.06 CAD/SF) 4.70% Cap Rate
Investment Highlights
- Strong Real Estate Fundamentals l Prominently Sits on 2.47 acres with about 16.9K SF of Retail Space (100% Occupied)
- Explosive Retail Corridor | Located across from Capital City Mall (5.4M Annual Visitors) & within 2-miles of Camp Hill Shopping Center
- Low Landlord Responsibilities | Newly Built in 2022 | 100% NNN + Management Fee
- Excellent Accessibility & Visibility | Subject Site has direct visibility and access from Route 15 & Located Less than 0.5-miles from the intersection
- Long Term Leases | All New 2022 Leases with 7-9+/- Years Remaining with Scheduled Rent Escalations
Executive Summary
Graystone Capital Advisors exclusively presents the opportunity to acquire Lower Allen Commons, a 16,899 SF newly constructed, Trader Joe’s anchored strip. newly constructed (2022) grocery-anchored retail center in Camp Hill, PA, 100% leased to Trader Joe’s (74% of GLA), Apricot Lane, Sports Clips & Good Feet Store under long term NNN leases. The property is strategically located on 2.42 acres along Route 15, supported by strong traffic counts (18,911 VPD) and dense surrounding demographics.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
16,912 SF
Building Class
B
Year Built
2022
Price
$14,646,762 CAD
Price Per SF
$866.06 CAD
Cap Rate
4.70%
NOI
$688,398 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
2.42 AC
Zoning
C2 - zoning allows for a variety of commercial uses like retail stores, restaurants, offices, and hotels.
Parking
125 Spaces (7.39 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 13-23-0553-065-U3 | Improvements Assessment | $3,135,378 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,135,378 CAD |
Property Taxes
Parcel Number
13-23-0553-065-U3
Land Assessment
$0 CAD
Improvements Assessment
$3,135,378 CAD
Total Assessment
$3,135,378 CAD
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3545 Gettysburg Rd
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