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Property profile & analytics
FOR LEASE
Outlet malls

500 Hawk Ridge Dr Hamburg, PA 19526

57,578 SF 5.16 ac lot Built 1988
Entity Owned 22-yr Hold ~ Est. High Equity
Property ID
US73-0093052
Property summary
AI-generated overview

Hamburg Square, located at 500 Hawk Ridge Dr, Hamburg, PA 19526, offers a vibrant retail opportunity in a high-traffic location. This multi-tenant retail center boasts a total of 99,580 square feet, with one space currently available ranging from 1 to 56,780 square feet, providing flexibility for various business needs. The center enjoys a strong anchor tenant lineup including Redner's Warehouse Market and Chesaco RV, complemented by popular businesses like Anytime Fitness and Louee's, creating a diverse and attractive tenant mix. This ensures a consistent flow of customers, evidenced by an impressive customer visit frequency of 8.46 visits per customer. Strategically situated near major transportation arteries, including Route 61 and Interstate 78, and within close proximity to the bustling Route 61 shopping corridor, Hamburg Square benefits from exceptional accessibility and visibility. This prime location ensures maximum exposure to a large customer base, making it an ideal investment for businesses seeking a thriving retail environment in Central Pennsylvania. The property's high customer loyalty and convenient location combine to create a compelling opportunity for retailers seeking a successful and profitable venture. Contact us today to learn more about this exceptional retail space.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1988
Total area 57,578 SF
Lot 5.16 ac (224,770 SF)
APN 4494-10-25-7779
UPID US73-0093052
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.15M
Blend (final) Blend
$2.42M
Owner & transaction history
Cedar Hamburg LLC · 22 yrs held
Cedar Hamburg LLC
since 2004
4 recorded transactions
2022
Price N/A
2022
Price N/A
2004
$2.5M
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $3.8M +62.3%
Industrial (general) $3.1M +33.0%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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