800 High St Carlisle, PA 17013

Property Details for 800 High St

Year built

1976

Lot size

15.20 lot acres

Property size

336,694 SF

Property type

Community centers

APN

03-21-0318-142

APU

3210318142

Description

This exceptional retail property, known as The Point at Carlisle Plaza, presents a unique investment opportunity in the thriving Carlisle, Pennsylvania market. The property encompasses a significant footprint ranging from 30,927 to 479,160 square feet, distributed across two units. The zoning is C-2 Shopping Center/Mixed Use, offering considerable flexibility for future development. The site itself boasts a generous lot size ranging from 0.71 to 11 acres. A key feature is a 60,000 square foot freestanding anchor box with direct access to ample parking, complemented by a 100,000 square foot enclosed mall space presenting a compelling demalling opportunity. The property benefits from a recently signed 10-year ground lease with Burger King for a newly constructed (2024) building. Additionally, a vacant 280 square foot space, previously occupied by a bank and ATM, offers potential for a new pad site development. The property's strategic location is less than one mile from I-81 exits 48 & 49 and Carlisle's central business district, ensuring high visibility and accessibility. Note that Lowe's owns a separate parcel and is not included in this offering. The entire parcel operates under an ECCR Operating Agreement. Financial details, including rent roll and center operating expenses, are available upon execution of a Confidentiality Agreement.

Location Insight

City

Carlisle

County

Cumberland

State

Pennsylvania

Longitude

-77.1747

Latitude

40.1995

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments