540 Gateway Ave Chambersburg, PA 17201
- Retail space
- 20.29 lot acres
Current Use by Public Records
- BJ's Tire Center / Tire Shop / Propane Supplier
- AT&T Store / Cell Phone Store / Cell Phone Accessory Store
- BJ's Wholesale Club / Propane Supplier / Tire Shop
- BJ's Gas Station / Gas Station / Diesel Fuel Supplier
- BJ's Bakery / Bakery
Property Details for 540 Gateway Ave
- Lot size
- 20.29 lot acres
- Property type
- Retail space
- APN
- 03-1C-225
- APU
- 031C225
Description
North Chambersburg Village Center is a prime 219,251 square foot retail strip center strategically located off I-81 (52,000 cars per day) on Gateway Avenue in Franklin County. This highly visible property serves as a major shopping destination in Chambersburg, anchored by a nationally recognized BJ's Wholesale Club, ensuring consistent high traffic. The center boasts 11 available spaces ranging from 1,709 to 43,560 square feet, providing flexibility for various retail businesses. Three separate pad sites are also available, each offering substantial road frontage along Gateway Avenue, ideal for businesses requiring high visibility and accessibility. The property benefits from the significant growth experienced in the Chambersburg market, making it an attractive investment opportunity. Net operating income (NNN) is $6.67 per square foot. This well-established center presents a compelling opportunity for retailers seeking a strong presence in a thriving market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chambersburg
- County
- Franklin
- State
- Pennsylvania
- Longitude
- -77.6344
- Latitude
- 39.9385
- CBSA code
- 16540
- CBSA name
- CHAMBERSBURG, PA MICROPOLITAN STATISTICAL AREA
