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    235 Cumberland Pkwy Mechanicsburg, PA 17055

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    For Lease
    Contact for pricing

    Mechanicsburg, PA Strip Mall - 11,180 SF Available

    Lot size:
    111,028 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Parkway Plaza, a prominent 111,028 square-foot retail strip center in Mechanicsburg, Pennsylvania, presents a unique investment opportunity. Strategically located at the intersection of two major Pennsylvania roadways, the Pennsylvania Turnpike (I-76) and Route 15, this center enjoys exceptional visibility and accessibility. The property sits on a substantial 16.19-acre lot in Cumberland County, offering ample parking and room for expansion. A significant anchor tenant, a highly successful Giant Stores Supermarket, draws substantial foot traffic to the center. This diverse shopping center currently houses a variety of businesses, including a daycare, pharmacy, fitness center, restaurant, and other retail establishments, creating a vibrant and convenient shopping destination. Currently, one retail space of 11,180 square feet is available, providing a prime opportunity for expansion or new business establishment within this thriving commercial hub. The property's established tenant mix and prime location make it an attractive investment for businesses seeking high visibility and a strong customer base in a densely populated area. The center's "go-to" status within the community underscores its enduring appeal and potential for continued success. The available space offers a chance to become part of this successful and well-established retail center. The zip code is 17055.

    Property Features for 235 Cumberland Pkwy

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    111,028 SF

    Unit(s) available at that property

    Space
    11
    Size
    11,180 SF

    HighLights

    • 111,028 square‑foot retail strip center in Mechanicsburg, PA.
    • Exceptional visibility and accessibility at I‑76 and Route 15 intersection.
    • Situated on a 16.19‑acre lot with ample parking.
    • Anchored by a Giant Supermarket, driving significant foot traffic.
    • Diverse tenant mix including daycare, pharmacy, fitness center, and restaurant.
    • 11,180 square feet of retail space currently available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mechanicsburg
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -76.98128
    Latitude
    40.194762

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    FAQs

    What type of property is this?
    Neighborhood center - Mechanicsburg, PA Strip Mall - 11,180 SF Available
    Where is this neighborhood center located?
    The property is located at 235 Cumberland Pkwy Mechanicsburg, PA.
    What are key features of this property?
    This property features: 111,028 square-foot retail strip center in Mechanicsburg, PA.; Exceptional visibility and accessibility at I-76 and Route 15 intersection.; Situated on a 16.19-acre lot with ample parking.
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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
    235 Cumberland Pkwy Mechanicsburg, PA 17055
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