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1155 Carlisle St Hanover, PA 17331-1200

OFF-MARKET Retail space Google Maps
0.88 ac lot Built 2017
Trust Owned 5-yr Hold Free & Clear
Estimated value (blended)
$1.63M
Range $1.47M – $1.79M (±10%)
Property ID US73-5013339

Property summary

AI-generated overview

This exceptional retail opportunity presents itself at the North Hanover Mall, located at 1155 Carlisle St, Hanover, PA 17331, within York County. The property boasts a total of 175,288 square feet of retail space, currently offering 43 available units ranging in size from 328 square feet to a substantial 99,008 square feet. This presents a unique chance for businesses of various scales to establish a presence in a well-established shopping center. Currently, 28,000 square feet of space is vacant, providing immediate occupancy options. The mall's classification as an anchor and outparcel property signifies its strategic location and high visibility within the Hanover community. The multiple tenancy structure allows for a diverse range of businesses to thrive within the same location, creating a synergistic environment. The property is categorized as retail, specifically a shopping mall, and is available for lease. This presents a compelling investment opportunity for businesses seeking high-traffic locations in a thriving Pennsylvania market. The property's address is easily accessible, and its location within York County offers excellent connectivity to regional transportation networks. This is an ideal location for businesses seeking high visibility and a strong customer base. The available space offers flexibility for a variety of retail concepts, from small boutiques to large-scale anchor stores. Interested parties are encouraged to inquire for further details and leasing options.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2017
Lot 0.88 ac (38,159 SF)
Zoning code CM
APN 67-000-19-0062.00-00000
UPID US73-5013339

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Telecommunications Service
  • Mobile Phone Store Electronics & Wireless Store
  • HVAC Service General Contractor
  • Kiosk Money Transfer Service
  • Medical Clinic

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.64M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.63M

Owner & transaction history

since 2020
Last sale
$1.6M
2 recorded transactions
2020
$1.6M
1969
Price N/A

Zoning & alternative use

CM · Hanover, PA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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