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    OFF-MARKET
    Lifestyle centers

    10433 Sharpsburg Pike, Hagerstown, MD 21740

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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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
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    Permitted uses
    Allowed · conditional · prohibited
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