235 Cumberland Pkwy Mechanicsburg, PA 17055
For Lease
Parkway Plaza, a prominent 111,028 square-foot retail strip center in Mechanicsburg, Pennsylvania, presents a unique investment opportunity. Strategically located at the intersection of two major Pennsylvania roadways, the Pennsylvania Turnpike (I-76) and Route 15, this center enjoys exceptional visibility and accessibility. The property sits on a substantial 16.19-acre lot in Cumberland County, offering ample parking and room for expansion. A significant anchor tenant, a highly successful Giant Stores Supermarket, draws substantial foot traffic to the center. This diverse shopping center currently houses a variety of businesses, including a daycare, pharmacy, fitness center, restaurant, and other retail establishments, creating a vibrant and convenient shopping destination. Currently, one retail space of 11,180 square feet is available, providing a prime opportunity for expansion or new business establishment within this thriving commercial hub. The property's established tenant mix and prime location make it an attractive investment for businesses seeking high visibility and a strong customer base in a densely populated area. The center's "go-to" status within the community underscores its enduring appeal and potential for continued success. The available space offers a chance to become part of this successful and well-established retail center. The zip code is 17055.
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.