375 Eisenhower Dr

375 Eisenhower Dr, Hanover, PA 17331

For Sale, For Lease

6,700 SF

375 Eisenhower Dr

375 Eisenhower Dr, Hanover, PA 17331

For Sale, For Lease

6,700 SF

  • 375 Eisenhower Dr

Property Details


Building Size:

6,700 SF

Total Lot Size:

1.72 Acres

Property Type:

Restaurant

Sale Price:

$1,500,000

Lease Price:

$20.00/SF

Vacant Space:

6,700 SF

Tenancy:

Single

Traffic Counts:

Eisenhower Dr: 22,500 VPD

Population:

20 Minute Drive Time: 84,399

Building Status:

Existing

Project Description


375 Eisenhower Drive is a freestanding retail building that sits in the heart of Hanover’s retail market, within close proximity to Hanover Crossings and North Hanover Mall. The building is situated along Eisenhower Drive (9,624 VPD), with multiple access points. This property is a rare opportunity for a Tenant to enter into the busy Eisenhower Drive corridor, in the heart of all of the retail.

Location Description:


The property is strategically positioned with significant frontage in the market’s primary retail corridor along Eisenhower Drive, which is considered the “Golden Mile” of the Hanover market because of its immense amount of retail shopping and traffic flow. The thoroughfare acts as the area’s focal point for retail, with a trade area that extends out further than 10-15 miles, attracting a vast customer base. With its high concentration of traffic driven by surrounding anchor tenants located amongst the surround retail projects, this site pulls from not just the immediate area, but the surrounding market points as well.

Trade Area Description:


Adding to the stability of the site, 375 Eisenhower Drive shows a 20-minute drive time demographic of over 84,399 people with household incomes of more than $82,218 and daytime employment demographics equally as strong with 37,512. The demographics within a 10-mile radius include 119,119 people in 47,585 homes, a labor force of 97,642 with an average household income of $84,726. The area’s growth since 2000 has increased over 19.5% with over 9,290 new homes.

Property Location:


Building

Space Size: 6,700 SF
Offering: For Sale & Lease
Space Type: Retail
Lease Rate: $20.00 SF/yr
Lease Type: NNN
Sale Price: $1,500,000

375 Eisenhower Dr, Hanover PA 17331

375 Eisenhower Dr, Hanover PA 17331

Brokers

Dave Nicholson

Retail Sales & Leasing Executive
717.843.5555 x264

717.880.9611

dnicholson@bennettwilliams.com

Brad Rohrbaugh
Brad Rohrbaugh
Executive VP, Retail Director
717.843.5555

717.891.7368

brohrbaugh@bennettwilliams.com

Chad Stine

President & CEO
717.843.5555

717.968.7505

cstine@bennettwilliams.com

More Info