1958 Spring Rd Carlisle, PA 17013
For Lease
This exceptional 2,240-square-foot retail space, situated at 1958 Spring Road in Carlisle, Pennsylvania, presents a compelling investment opportunity. Previously occupied by a bank and a restaurant, this single-tenant property boasts a highly visible location directly on Spring Road, benefiting from an estimated 8,000 vehicles passing daily. The 2.13-acre lot provides ample parking for customers and employees, ensuring convenient access. Its strategic location near the Carlisle exit of the Pennsylvania Turnpike and the Carlisle Fair Grounds guarantees significant foot traffic and exposure to a large customer base. The property's proximity to established national retailers like Karns, Family Dollar, and Rite Aid further enhances its appeal and potential for success. This versatile space is ideal for a variety of retail uses, office spaces, or even a restaurant, offering a unique blend of accessibility, visibility, and established commercial presence within a thriving community in Cumberland County. The property's size and location make it an attractive option for businesses seeking a prominent presence in a high-traffic area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
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.