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Property profile & analytics
FOR LEASE
Drive through restaurants

71 Conestoga Dr Shippensburg, PA 17257

1.54 ac lot
Entity Owned 21-yr Hold Absentee Owner Free & Clear
Property ID
US73-2492590
71 Conestoga Dr, Shippensburg, PA 17257 For Lease
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71 Conestoga Dr, Shippensburg, PA 17257
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Property summary
AI-generated overview

The Shoppes at Conestoga, located at 71 Conestoga Dr in Shippensburg, PA (17257), presents a unique redevelopment opportunity in Cumberland County. This 12,230 square foot retail property sits on a 5.61-acre lot and offers exceptional visibility at the entrance to a Walmart and a soon-to-be-built Parx Casino. Currently, the entire 12,230 square feet is vacant, providing flexibility for a variety of retail uses. The property is comprised of three suites, offering spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 7,400 square feet. The owners are open to subdividing the larger space to accommodate specific tenant needs. This prime location benefits from a strong customer base, including residents of the area and the substantial student population of Shippensburg University (over 6,300 students). The property's strategic placement makes it an ideal location for businesses seeking high traffic and convenient access to a large consumer market. This redevelopment project offers a chance to establish a thriving retail presence in a rapidly growing area. The property's size and layout provide ample opportunity for customization and tenant build-out. Contact us today to learn more about this exciting opportunity.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Lot 1.54 ac (67,082 SF)
APN 36-12-0320-037
UPID US73-2492590
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Valenti Mid-atlantic Realty · 21 yrs held
Valenti Mid-atlantic Realty
since 2005
1 recorded transaction
2005
$300,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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