Search
Retail Space in Anchored Center
For Lease
Contact for pricing
Pending

467-481 W Penn Ave, Cleona, PA

Neighborhood shopping center space, ideal for various business types.

Space Size4,635 SF
Lot Size12.25 Acres
Days on Market263

Property Features for 467-481 W Penn Ave

General Information

Standard status Pending
Size 4,635 SF
Lot size 12.25 Acres
Property subtype RETAIL

Spaces For Lease

at 467-481 W Penn Ave Contact us

467 - 481 W Penn Ave

Floor
1
Size
4,635 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
• Grocery anchored center with desirable mix of retail and service-oriented tenants •...
show more
Contact us

467 - 481 W Penn Ave

Floor
1
Size
4,635 SF
Type
RETAIL
Rate
Contact for pricing
Availability
PENDING, Now
Sublease
No
• Grocery anchored center with desirable mix of retail and service-oriented tenants •...
show more
Contact us
Listing Agency: Paramount Realty Services, Inc.
Listed By: Arlene Gray
Source: Moodyscre
Added: Nov 24, 2025 Changed: Aug 12 Last Checked: Aug 14 at 11:08AM

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 Paramount Realty Services, Inc.

Investment Insights

Based on property information with market context.

This neighborhood shopping center is anchored by a 38,382 square foot Giant food store. Located along Route 422, the primary east/west corridor between Hershey and Lebanon, the center benefits from proximity to residential areas, other retail and service businesses, and Lebanon Valley College. The Hershey Company invested over $178 million in a new 810,000 square foot fulfillment center in Lebanon County, which opened in October 2021 and employs 270 people. The center features a mix of national and regional retailers, including Big Lots, Rite Aid, McDonald’s, Subway, Fine Wine & Good Spirits, and Fulton Bank. The available space of 4,635 square feet presents an opportunity for food users, medical, health/wellness, and service-oriented businesses. The property is professionally managed.

Key Highlights

  • Anchored by a successful and well‑established 38,382 SF Giant Food store.
  • Located on Route 422, a primary east/west corridor between Hershey and Lebanon.
  • Strong mix of national and regional retailers including Big Lots, Rite Aid, McDonald’s, Subway, Fine Wine & Good Spirits, and Fulton Bank.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Electrical Service Restaurant Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

370
Businesses Nearby
85k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 36% Dining 31% Superstores 24% Home Improvements & Furnishings 4%
Giant Food Store Groceries
28,771 visits/mo 0.1 miles
Big Lots Superstores
20,528 visits/mo 0.1 miles
McDonald's Dining
16,496 visits/mo 0.1 miles
Hoss's Steak & Sea House Dining
6,200 visits/mo 0.5 miles
Bomberger's Annville Ace Home Improvements & Furnishings
3,487 visits/mo 0.5 miles

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Cleona Square 443 W Penn Ave, Cleona, PA 17042
  • Coinstar Kiosk | Bitcoin ATM Giant Carlisle, 481 W Penn Ave, Lebanon, PA 17042

Frequently Asked Questions

What type of property is this?
Shopping center - Neighborhood shopping center space, ideal for various business types.
Where is this shopping center located?
The property is located at 467-481 W Penn Ave Cleona, PA.
What are key features of this property?
This property features: Anchored by a successful and well‑established 38,382 SF Giant Food store.; Located on Route 422, a primary east/west corridor between Hershey and Lebanon.; Strong mix of national and regional retailers including Big Lots, Rite Aid, McDonald’s, Subway, Fine Wine & Good Spirits, and Fulton Bank.
(717) 723-4489 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message