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Property profile & analytics
FOR LEASE
Super regional malls

235 Cumberland Pkwy Mechanicsburg, PA 17055

16.19 ac lot
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US73-1558971
235 Cumberland Pkwy, Mechanicsburg, PA 17055 For Lease
$635,000 111,028 SF available
235 Cumberland Pkwy, Mechanicsburg, PA 17055
View Listing →
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Lot 16.19 ac (705,236 SF)
APN 42-26-0243-027
UPID US73-1558971
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
AI Approach AI
$635k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$635k
Owner & transaction history
7 Sc Parkway Plaza LLC · 6 yrs held
7 Sc Parkway Plaza LLC
since 2019
1 recorded transaction
2019
$24.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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