135 Sheraton Drive

Property Details

Project Description

135 Sheraton Drive is a redevelopment opportunity located directly off of the I-83/ I-76 interchange in New Cumberland, PA. The redevelopment will include two pad sites both with drive-thru’s perfect for any food, service, or retail-oriented user. This site presents a tremendous opportunity for a retailer to enter into a very tight corridor with great visibility and access off of two of the main highways in the Central Pennsylvania market. The property’s access is convenient for customers as there are two points of ingress/egress directly off of Sheraton Drive. The site also benefits from the surrounding traffic generating tenants such as Pizza Hut, McDonald’s, Sunoco, Clarion Hotels and Holiday Inn Express.

Location Description:

Along with its great visibility and access to I-76 (27,000 CPD) and I-83 (63,000 CPD), this benefits from a demographic area that includes top manufacturers and distribution centers in York County such as Target, Starbucks, Harley Davidson, and Johnson Controls, as well as the travel hub of the Capital City airport.

Trade Area Description:

Adding to the stability of the project, 135 Sheraton Drive shows a 10-minute drive time demographic of over 222,464 people with household incomes of more than $73,246 and daytime employment demographics equally as strong with 182,553. The demographics within a 5-mile radius include 140,169 people in 59,818 homes, a labor force of 135,823 with an average household income of $68,304. The area’s growth since 2000 has increased over 11.3% with over 10,830 new homes.

Property Location: