993 Wayne Ave Chambersburg, PA 17201
Wayne Plaza, a 131,623 square-foot retail shopping center in Chambersburg, Pennsylvania, presents a compelling investment opportunity. This multi-tenant strip center boasts a prime location at the signalized intersection of Wayne Avenue (approximately 12,000 vehicles per day) and Interstate 81 (58,000 vehicles per day), ensuring high visibility and accessibility. Situated on a 14.41-acre lot in Franklin County, the property benefits from exceptional traffic counts and convenient access to major roadways. The center is anchored by a Giant Food store, a highly sought-after grocery anchor in the market, and includes other established national and regional tenants such as Dollar Tree, UPS Store, and the Pennsylvania Liquor Control Board (PLCB). Currently, there are six available spaces ranging in size from 391 square feet to 4,500 square feet, offering flexibility for a variety of retail uses. The property's strategic location, strong anchor tenant, and diverse tenant mix make it an attractive investment for those seeking a stable and high-performing retail asset. Its proximity to Hagerstown, Maryland (25 miles north) and Harrisburg, Pennsylvania (50 miles south) further enhances its regional appeal and potential for growth. This is a rare opportunity to acquire a well-established retail center in a thriving market.
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Western Union Bank Credit Union
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GIANT Pharmacy Pharmacy
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higi Physician
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Valerie Myers Physician
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Redbox Cinema (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.