Strip Center with National
New
For Sale
$4,837,890
500 Walker Rd, Chambersburg, PA 17201
The fully occupied retail property has national tenants operating under NNN leases.
Property Size9,413 SF
Price / SF$513.96
Days on Market2
Property Features for 500 Walker Rd
General Information
Standard status
Active
Size
9,413 SF
Property subtype
Shopping Strip
Occupancy
100%
Additional Details
Cap Rate
6.65%
Tenant in Place
Yes
Amenities
100% OCCUPIED | NATIONALLY RECOGNIZED CREDIT TENANTS
NNN LEASE STRUCTURES WITH BONUS FEE INCOME | LIMITED LANDLORD EXPOSURE
STRONG TENANT MOMENTUM | RECENT BRAND GROWTH & INVESTMENT
Building Details
Building Size
9,413 SF
Year Built
2016
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Philadelphia
Listed By:
Colin Reder · License #License(s): PA: RS356342
(215) 531-7057
Source:
Marcusmillichap
Added: Oct 24
Last Checked: Oct 24 at 3:06PM
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 Marcus & Millichap - Philadelphia
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Investment Insights
Based on property information with market context.
Built in 2016, this 9,413-square-foot strip center at 500 Walker Rd in Chambersburg is fully occupied. Its tenant roster includes national operators, and the leases are structured as NNN. Weighted average lease term is 3.5 years, and Aspen Dental recently renewed its lease.
Key Highlights
- 9,413‑square‑foot strip center built in 2016
- 100% occupied with national tenants
- NNN leases; 3.5‑year WALT
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
750
Businesses Nearby
661k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 33%
Superstores 21%
Shops & Services 18%
Groceries 12%
Target
Superstores
95,901 visits/mo
0.4 miles
Chick-fil-A
Dining
59,437 visits/mo
0.2 miles
Giant Food Store
Groceries
54,262 visits/mo
0.3 miles
Kohl's
Apparel
49,725 visits/mo
0.3 miles
BJ's Wholesale Club
Superstores
44,835 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
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Strip mall - The fully occupied retail property has national tenants operating under NNN leases.
Where is this strip mall located?
The property is located at 500 Walker Rd Chambersburg, PA.
What is the asking price?
The asking price for this property is $4,837,890.
What are key features of this property?
This property features: 9,413‑square‑foot strip center built in 2016; 100% occupied with national tenants; NNN leases; 3.5‑year WALT
