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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1301 Carlisle St Hanover, PA 17331

528,605 SF 47.09 ac lot
Property ID
Property summary
AI-generated overview

Gateway Hanover Shopping Center, located at 1301 Carlisle St, Hanover, PA 17331, presents a significant retail opportunity in the thriving Hanover Borough, York County submarket. This regional power center boasts a total of 528,605 square feet across nine single-story buildings, situated on 47.09 acres of land. The property features 26 suites, with a minimum divisible space of 5,000 square feet and a maximum contiguous space of 34,000 square feet currently available. A substantial 39,000 square feet is vacant, offering excellent potential for expansion or new tenancy. The center benefits from a highly visible location at a signalized intersection on Carlisle Street, conveniently positioned just 16 miles west of York, PA, and 34 miles south of Harrisburg, PA. Anchored by Target and Sam's Club, and complemented by numerous national co-tenants, Gateway Hanover enjoys strong regional draw. The property underwent renovations in 2022, ensuring modern amenities and a well-maintained environment. Cross Street access is available via Wilson Ave. This is an exceptional opportunity to secure prime retail space in a high-traffic location within a well-established shopping center.

Property profile
Verified
Property type Retail properties & Spaces
Total area 528,605 SF
Lot 47.09 ac (2,051,240 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gateway Hanover Shopping Center Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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