Leased Restaurant in Regional
For Sale
Contact for pricing
921 Norland Ave, Chambersburg, PA 17201
Red Robin restaurant offered for sale with a lease extended through 2031 at Chambersburg Crossing.
Property SizeContact for details
Days on Market133
Property Features for 921 Norland Ave
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
42,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
HMX Realty Advisors
(212) 686-0072
Listed By:
Dan de Sa · License #NY 40DE0945716
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 5:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HMX Realty Advisors
Investment Insights
Based on property information with market context.
This sale presents a Red Robin restaurant with an extended lease. Red Robin has been in operation at the location since 2006, and the tenant recently extended the lease in April 2020, extending their term until 2031.
The restaurant is located within Chambersburg Crossing, a regional shopping center directly off Interstate 81 at the intersection of Norland Avenue and Walker Road in Chambersburg, Pennsylvania. The center is anchored by Target and Giant Food, with additional co-anchors including Kohl’s, Michaels, Staples, and PetSmart, and destination restaurant tenants such as Friday’s, Chipotle, Subway, Panera Bread, and Mod Pizza.
The property is positioned for visibility and regional access from I-81, with the remark indicating over 42,000 vehicles pass the center daily.
The restaurant is located within Chambersburg Crossing, a regional shopping center directly off Interstate 81 at the intersection of Norland Avenue and Walker Road in Chambersburg, Pennsylvania. The center is anchored by Target and Giant Food, with additional co-anchors including Kohl’s, Michaels, Staples, and PetSmart, and destination restaurant tenants such as Friday’s, Chipotle, Subway, Panera Bread, and Mod Pizza.
The property is positioned for visibility and regional access from I-81, with the remark indicating over 42,000 vehicles pass the center daily.
Key Highlights
- Red Robin restaurant with a lease extended through 2031
- Operating at the location since 2006, originally under a 15‑year lease term
- Situated in Chambersburg Crossing, a 400,000+/- SF regional shopping center
Property Analytics
Property Profile
Current Use
Lease Details
42,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,006
Businesses Nearby
253k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 56%
Shops & Services 27%
Dining 14%
Apparel 3%
Target
Superstores
95,901 visits/mo
0.4 miles
BJ's Wholesale Club
Superstores
44,835 visits/mo
0.4 miles
BJ's Gas
Shops & Services
32,927 visits/mo
0.4 miles
Five Below
Shops & Services
26,455 visits/mo
0.4 miles
MOD Pizza
Dining
12,670 visits/mo
0.5 miles
Demographics for 17201, PA
27,556
Population
12,749
Households
2.2
Avg Household Size
39
Median Age
28%
College-Educated
91%
High-School Grad
19.1 sq mi
ZIP Area
1,443
Density / Sq Mi
$59,645
Median Household Income
$42,500
Median Earnings
$1,109
Median Rent
$206,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Red Robin restaurant offered for sale with a lease extended through 2031 at Chambersburg Crossing.
Where is this conventional restaurant located?
The property is located at 921 Norland Ave Chambersburg, PA.
What are key features of this property?
This property features: Red Robin restaurant with a lease extended through 2031; Operating at the location since 2006, originally under a 15‑year lease term; Situated in Chambersburg Crossing, a 400,000+/- SF regional shopping center
