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    12751 Washington Township Blvd Waynesboro, PA 17268

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    For Lease
    Contact for pricing

    Waynesboro, PA retail center; high traffic, strong tenants.

    Lot size:
    317,434 SF

    Property Features for 12751 Washington Township Blvd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    317,434 SF
    Total Rate
    317434

    Spaces For Lease

    at 12751 Washington Township Blvd, Waynesboro, PA 17268 Contact us
    Unit 3

    $12 /Mo

    Size
    7,650 SF
    Contact us
    Unit 7

    $17 /Mo

    Size
    1,800 SF
    Contact us
    Unit 6

    $17 /Mo

    Size
    4,000 SF
    Contact us
    Unit 8

    $17 /Mo

    Size
    1,582 SF
    Contact us

    We can help!

    Listing Contact
    Bradley A Rohrbaugh
    Bradley A Rohrbaugh

    Listing Agency: Bennett Williams Realty, Inc. Listing Agent: Bradley A Rohrbaugh

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Rouzerville Commons offers exceptional retail space in Waynesboro, Pennsylvania. This 317,434 square foot shopping center boasts a prime location on Washington Township Boulevard, benefiting from significant daily traffic generated by its shadow anchors, Walmart and Lowe's. The property features excellent visibility thanks to signalized access and prominent pylon signage. Four spaces are currently available, ranging in size from 1,582 to 7,650 square feet, providing flexibility for various retail concepts. The center's existing tenant mix includes a strong roster of national retailers such as Sally Beauty, Rent-A-Center, and Verizon, creating a vibrant and attractive shopping destination. This presents a unique opportunity for retailers seeking high visibility and access to a substantial customer base in a thriving retail market. The property is a multi-tenant strip center with no elevators. The property is located in Franklin County. This is an ideal location for businesses seeking to capitalize on the significant foot traffic and established retail presence in the area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Nail Salon Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Waynesboro
    County
    Franklin
    State
    Pennsylvania
    Longitude
    -77.5282037
    Latitude
    39.7427258

    Nearby Similar for Lease

    • New
      $1,100 /Mo
      23,958 SF

      Office Space For Lease

      1000 sq ft office space available immediately.
      11993 Broad St, Waynesboro, PA 17268
      View Details
    • $3,500 /Mo
      27,878 SF

      Retail or Office Space Available

      Commercial space suitable for retail or office use in Waynesboro.
      11189 Buchanan Trl E, Waynesboro, PA 17268
      View Details
    • Contact for pricing
      2,563 SF

      Retail Space in Waynesboro Center

      Retail space available in a well-located, high-traffic shopping center.
      614-690 E 2Nd St, Waynesboro, PA 17268
      View Details
    • Contact for pricing
      102,830 SF

      Waynesboro Retail Center Investment

      Prime Retail Space, Waynesboro, PA
      690 Main St, Waynesboro, PA 17268
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Waynesboro, PA retail center; high traffic, strong tenants.
    Where is this neighborhood center located?
    The property is located at 12751 Washington Township Blvd Waynesboro, PA.
    What is the lease rate?
    The lease rate is $12-$17 SF/Yr.
    What are key features of this property?
    This property features: 317,434 square foot retail shopping center in Waynesboro, PA.; Shadow-anchored by Walmart and Lowe's, driving high traffic.; Located on Washington Township Boulevard with signalized access and pylon signage.
    (717) 843-5555 Call to check price and availability
    Request Owner's contact information
    12751 Washington Township Blvd Waynesboro, PA 17268
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    Waynesboro, PA 17268
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    12751 Washington Township Blvd Waynesboro, PA 17268
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Bradley A Rohrbaugh
    Bradley A Rohrbaugh
    Real Estate License ID: RS223194L
    (717) 843-5555
    Learn more
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