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    Wayne Ave. & Stouffer Ave Chambersburg, PA 17201

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Space, I-81 Access

    Lot size:
    131,623 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Wayne Plaza, located at the intersection of Wayne Avenue and Stouffer Avenue in Chambersburg, Pennsylvania (zip code 17201), presents a compelling retail investment opportunity. This established shopping center totals 131,623 square feet and offers a diverse mix of national and local tenants, ensuring a strong and stable tenant base. The property features a total of 5 suites, with 14,331 square feet currently available for lease. Spaces range from a minimum of 391 square feet to a maximum contiguous space of 4,500 square feet, providing flexibility for a variety of retail businesses. Ample parking is available with 717 spaces to accommodate customers and employees. Wayne Plaza benefits from its strategic location along a major retail corridor in Chambersburg, providing excellent visibility and accessibility. Its proximity to Interstate 81 and Route 30 ensures convenient access for customers throughout the region. This property is situated in Franklin County, Pennsylvania, and represents a rare opportunity to acquire a well-established retail center in a thriving market. The existing tenant mix provides a solid foundation for future growth and profitability. The available space presents an ideal opportunity for expansion or new business ventures seeking a high-traffic location.

    Property Features for 0 Wayne Ave. & Stouffer Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    131,623 SF

    Unit(s) available at that property

    Space
    Suite 2
    Size
    4,500 SF
    Space
    Suite 13
    Size
    2,400 SF
    Space
    Suite 17
    Size
    2,000 SF
    Space
    Suite 20
    Size
    4,000 SF
    Space
    Suite 24
    Size
    391 SF
    Space
    Suite 9
    Size
    1,040 SF

    HighLights

    • 131,623 square feet GLA
    • 717 parking spaces
    • Chambersburg‑Waynesboro, PA metro area
    • Pad opportunity in center anchored by Giant Food Supermarket.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Chambersburg
    County
    Franklin
    State
    Pennsylvania
    Longitude
    -77.652816
    Latitude
    39.915117

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail Space, I-81 Access
    Where is this lifestyle center located?
    The property is located at Wayne Ave. & Stouffer Ave Chambersburg, PA.
    What are key features of this property?
    This property features: 131,623 square feet GLA; 717 parking spaces; Chambersburg-Waynesboro, PA metro area
    Request Owner's contact information
    Wayne Ave. & Stouffer Ave Chambersburg, PA 17201
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    Chambersburg, PA 17201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Wayne Ave. & Stouffer Ave Chambersburg, PA 17201
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