Property profile

10433 Sharpsburg Pike Hagerstown, MD 21740

OFF-MARKET
Lifestyle centers
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Property summary

AI-generated overview

The Shops at Sharpsburg Pike offers exceptional retail opportunities in a thriving Washington County location. This multi-tenant shopping center boasts immediate adjacency to the Hagerstown Gateway Center and Hagerstown Premium Outlets, ensuring high visibility and foot traffic. Currently, three spaces are available, ranging from 2,500 to 8,000 square feet, providing flexibility for various retail concepts. Future tenants include established brands like Adli, Taco Bell, Dunkin' Donuts, and Patriot Credit Union, further enhancing the center's appeal and drawing a strong customer base. Development opportunities abound, with approved pads for a 98-room hotel and additional inline spaces measuring 6,750 and 22,000 square feet. A particularly attractive option is a 2,500-square-foot pad with a drive-thru, ideally suited for a restaurant. The center benefits from a substantial market reach, with 2.3 million people residing within a 50-mile radius. This strategic location and the diverse range of available spaces present a compelling investment opportunity for businesses seeking high visibility and strong potential for growth within a well-established retail environment. The existing tenant mix and planned development promise a vibrant and successful future for this shopping center.

Property profile

Verified
Property type Lifestyle centers

Cap rate & NOI

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

Location

10433 Sharpsburg Pike Hagerstown, MD 21740
Hagerstown metro
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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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