Technical
Financial
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Property profile

1418 Baltimore St Hanover, PA 17331

OFF-MARKET
Strip malls
112,200 SF
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Property summary

AI-generated overview

Grandview Plaza Shopping Center presents a unique investment opportunity in York County. This thriving retail center boasts 112,200 square feet across three buildings, offering a diverse range of spaces ideal for various businesses. Currently, five spaces are available, ranging from 1,600 to 6,400 square feet, perfect for executive offices, medical practices, or retail establishments. The center benefits from a strong anchor tenant, Weis Markets, and enjoys a prime location in the south end of Hanover, experiencing significant residential growth over the past decade. This strategic positioning ensures high visibility and convenient access for customers. The center's tenant mix is impressive, including well-known national brands such as Starbucks, McDonald's, Verizon, Rite Aid, UPS Stores, and a Pennsylvania Wine and Spirits store. The presence of Walmart just south of the center further enhances the area's retail draw. This property offers a blend of retail, office, and restaurant space, making it an attractive option for a variety of businesses seeking a location within a thriving, established shopping center. The multiple tenancy structure provides flexibility and potential for diverse income streams. The property's location within a rapidly expanding residential area guarantees a robust customer base and significant long-term growth potential.

Property profile

Verified
Property type Strip malls
Total area 112,200 SF

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
  • Restaurant
  • Home Inspector
  • Recycling Center Waste Management Facility
  • Courier Service Postal Service
  • Restaurant

Location

1418 Baltimore St Hanover, PA 17331
Hanover metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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