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Property profile & analytics
FOR SALE
Retail properties & Spaces

400 Eisenhower Dr Hanover, PA 17331

195,797 SF 20.31 ac lot Built 1994
Entity Owned 20-yr Hold Free & Clear
Property ID
US73-4141403
Property summary
AI-generated overview

This exceptional 71,462 square foot single-tenant retail space is ideally situated at 400 Eisenhower Drive in Hanover, Pennsylvania, within York County. The property boasts a highly visible location at a signalized intersection on Eisenhower Drive, ensuring maximum exposure to a substantial customer base. The building's entire 71,462 square feet is currently vacant, presenting a unique opportunity for a large-scale retailer or a business seeking significant space. This prime location benefits from its proximity to a diverse range of established national retailers, including The Home Depot, Kohl's, Petco, PetSmart, Walmart, Sam's Club, Giant Food, ALDI, TJ Maxx, Ross Dress for Less, Mattress Warehouse, Target, Aaron's, Staples, Hobby Lobby, Big Lots, Rite Aid, and CVS Pharmacy. This concentration of major retailers creates a strong retail environment and high traffic volume, making this property an attractive investment for businesses seeking high visibility and accessibility. The property is classified as a strip center and offers significant potential for a variety of retail uses. The zip code for this property is 17331. This is a rare opportunity to secure a substantial retail space in a thriving commercial area. The property's size and location make it suitable for a wide range of retail concepts. Interested parties are encouraged to inquire for further details and to explore the possibilities this exceptional property offers.

Property profile
Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1994
Total area 195,797 SF
Lot 20.31 ac (884,704 SF)
Zoning code CM
APN 67-000-ED-0013.D0-00000
UPID US73-4141403
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
Current use
Occupant on record · Public records
  • Compact Power Equipment Rental (Bike/Boat/Book/etc) Store Rental Equipment Company
  • Primo Water Exchange Big Box & Wholesale Store
  • Garden Center at The Home Depot Garden Center
  • Pro Desk at The Home Depot Big Box & Wholesale Store Building Supply
  • Home Services at The Home Depot HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$16.40M
Blend (final) Blend
$16.12M
Owner & transaction history
HOME DEPOT U S A INC
HOME DEPOT U S A INC
Zoning & alternative use
CM · Hanover, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $25.8M +69.7%
Restaurant $23.3M +53.6%
Commercial (general) $21.9M +44.5%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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