0 Chocolate Ave & Rdg Rd, Hershey, PA 17033
Hershey Towne Square offers a unique opportunity to establish a presence in a thriving retail environment. This new construction, mixed-use development boasts 32,000 square feet of retail space within a vibrant complex. Currently, one 1,148 square foot retail space is available. Strategically located along West Chocolate Avenue (Route 422) and Ridge Road, considered Hershey, PA's main thoroughfare, the property benefits from exceptional visibility and accessibility. The development's prime location places it less than a mile from major attractions including Hersheypark, Hershey's Chocolate World, and ZooAmerica, drawing over 3,276,000 visitors annually. Furthermore, its proximity to the 484-bed Penn State Hershey Medical Center, serving over 900,000 patients yearly, and the Hershey Corporation headquarters (14,800 employees) ensures a consistent flow of potential customers. This mixed-use development also includes a 60,000 square foot multi-story office building, further enhancing the area's vibrancy and foot traffic. The high volume of tourism and the presence of significant employers create a robust and growing market, making Hershey Towne Square an exceptional investment opportunity. Don't miss this chance to secure a space in this dynamic and highly sought-after location.
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
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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.