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    935 Norland Ave Chambersburg, PA 17201

    Sponsored
    For Lease
    $23 SF/Yr

    Prime Retail Space, I-81 Visibility

    Lot size:
    273,104 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Chambersburg Crossing offers a unique opportunity to lease 6,000 square feet of retail space within a thriving 273,104 square foot shopping center in Chambersburg, Pennsylvania. Located at 935 Norland Ave, 17201, this property boasts exceptional visibility and accessibility, situated directly off Interstate 81, a major thoroughfare with a daily traffic count of 52,000 vehicles. The center is strategically positioned along Norland Avenue and Walker Road, establishing it as the premier shopping destination in the Chambersburg market. This dominant center features a strong mix of necessity and destination retailers, anchored by a Giant grocery store and shadow anchored by a Target. A diverse tenant roster includes well-known national brands such as Kohl's, Michael's, PetSmart, Staples, and Chipotle, ensuring high foot traffic and a robust customer base. The property sits on a substantial 22.86-acre lot in Franklin County. This space presents an excellent opportunity for retailers seeking high visibility and a strong presence within a successful shopping center. The Net Net Net (NNN) charges are $4.27 per square foot. The property is a multi-tenant strip center.

    Property Features for 935 Norland Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    273,104 SF
    Total Rate
    523449.33

    Unit(s) available at that property

    Space
    14
    Size
    6,000 SF
    Rate per SF
    $23

    HighLights

    • 6,000 SF retail space available for lease in Chambersburg, PA.
    • High‑visibility location directly off I‑81 (52,000 VPD).
    • Located within a thriving 273,104 SF shopping center anchored by Giant and shadow anchored by Target.
    • Strong tenant mix including Kohl's, Michael's, PetSmart, Staples, and Chipotle.
    • NNN rent: $4.27/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Chambersburg Crossing Shopping Mall Xfinity Store by ... Computer Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chambersburg
    County
    Franklin
    State
    Pennsylvania
    Longitude
    -77.6291246
    Latitude
    39.9421611

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail Space, I-81 Visibility
    Where is this neighborhood center located?
    The property is located at 935 Norland Ave Chambersburg, PA.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: 6,000 SF retail space available for lease in Chambersburg, PA.; High-visibility location directly off I-81 (52,000 VPD).; Located within a thriving 273,104 SF shopping center anchored by Giant and shadow anchored by Target.
    Request Owner's contact information
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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
    935 Norland Ave Chambersburg, PA 17201
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