445 Allen Rd

445 Allen Rd, Carlisle, PA 17015

For Sale, For Lease

1 Acre

445 Allen Rd

445 Allen Rd, Carlisle, PA 17015

For Sale, For Lease

1 Acre

  • 445 Allen Rd

Property Details


Lot Size:

1 Acre

Property Type:

Land, Retail

Parcel Number:

40-09-0527-087

Lease Type:

Ground Lease

Price:

Negotiable

Traffic Counts:

Allen Road: 9,000 VPD
I-81: 57,000 VPD

Population:

3 Miles: 20,109
5 Miles: 46,600
7 Miles: 62,491

Project Description


445 Allen Road is a new construction project in Carlisle, PA. The project features Main Stay Suites & a one acre parcels for sale. This site is surrounded by a strong industrial presence, with major employers such as Amazon Fulfillment, Lindt Chocolate, UPS Hub, and UPMC Pinnacle, to name a few. The parcel can offer access from Allen Road (9,000 VPD) and Dennison Circle, allowing for multiple points of ingress/egress. With the property’s position in the growing market of retail and industrial, this creates a great opportunity for any tenant looking to enter the Carlisle market.

Location Description:


445 Allen Road is well positioned in the fast growing Carlisle market. The parcel provides convenient entry from Allen Road (9,000 VPD) and Dennison Circle with quick access to I-81 (55,000 VPD), leading traffic north into Harrisburg or south towards Baltimore and D.C. I-81 intersects nearby with I-76 (23,000 VPD), a major turnpike pulling traffic west from Pittsburgh or east from Philadelphia. The nearby area drives demand from hotel and residential developments such as Fairfield Inn, Sleep Inn, Seven Gables, and Summerbridge at Rockledge, to name a few. The dense residential area hosts numerous schools and landmarks such as Dickinson College, US Army War College, and the Carlisle Fairgrounds. A trade area that extends over 7 miles combined with high-volume traffic from major roadways and dense retail, industrial, and residential areas allows the site to pull from immediate and surrounding market points.

Trade Area Description:


Adding to the stability of the project, 445 Allen Road shows a 20-minute drive time demographic of over 62,489 people with household incomes more than $81,623 and daytime employment demographics equally as strong with 51,449. The demographics within a 10-mile radius include 84,628 people in 34,516 homes, a labor force of 69,472 with an average household income of $81,307. The median home value is $206,606 with a 45.1% homeownership rate and a retail expenditure of $998.28 million. The areas growth since 2000 has increased 15.4% with over 3,951 homes.

Property Location:


AVAILABLE LAND: 1 Acre

Land

Space Available: 1 Acre
Lease Rate: Negotiable
Offering: For Sale & Lease
Space Type: Retail - Pad

445 Allen Rd, Carlisle PA 17015

445 Allen Rd, Carlisle PA 17015

Brokers

Abe Khan

Senior Sales & Leasing Associate, Retail
717.843.5555 x231

717.891.0836

akhan@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

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