2203 W Cumberland St

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2203 W Cumberland St, Lebanon, PA 17042

For Lease

1,302 SF

2203 W Cumberland St

2203 W Cumberland St, Lebanon, PA 17042

For Lease

1,302 SF

Property Details

Building Size:

3,600 SF

Total Lot Size:

0.91 Acres

Property Type:

Strip Center

Price:

$36.00/SF

Vacant Space:

1,302 SF

Tenancy:

Single

Traffic Counts:

W Cumberland St: 16,000 VPD

Population:

3 Miles: 48,936
5 Miles: 70,433
7 Miles: 92,865

Building Status:

Existing

Project Description

2203 W. Cumberland Street is a two tenant building with up to 4,800 square feet. The property is ideally located along Cumberland Street in Lebanon, PA. The property sits in front of Lebanon Valley Mall and is surrounded by a strong variety of national and local retailers, including Hobby Lobby, CVS, Dunkin, and Planet Fitness, to name a few. The property will be redeveloped with a new facade and modern exterior renovation. The site will have plenty of parking and is complimented by several traffic generating mix of tenants surrounding the site, which makes 2203 W. Cumberland Street perfect for any type of user.

Location Description:

2203 W. Cumberland Street is strategically located along Cumberland Street (15,360 VPD) with great visibility and pylon signage. The site benefits from high-volume traffic flow of Route 422, one of the main East-West thoroughfares of the Lebanon market. The site benefits from traffic to Lebanon Valley Mall, an anchored shopping center with over 390,000 square feet of retail space. The trade area extends over 5 miles, which brings in an expansive customer base. With high concentration of traffic driven by the surrounding retail market as well as the dense residential area, the center pulls from the immediate and surrounding areas.

Trade Area Description:

The stability of 2203 W. Cumberland Street is attributed to the 20-minute drive time demographic of over 105,331 people with household incomes of more than $72,336 and daytime employment demographics equally as strong with 44,062. The demographics within a 10-mile radius include 139,935 people in 55,855 homes, a labor force of 111,988 with an average household income of $73,704. The areas growth has increased 12.1% since 2000 with over 6,769 new homes.