846 Lancaster Avenue

Property Details

Project Description

846 Lancaster Avenue is a 3,600 square-foot, recently constructed multi-tenant retail building located along Lancaster Avenue (14,000 VPD), in Columbia, PA. The site gives retailers the opportunity to enter into the tight retail market of Columbia, along the main stretch of road, with great visibility. The site benefits from the traffic generating anchor tenants that surround the site, as well as Columbia Shopping Center and Shops at Prospect that are right down the street from the site. With all of the surrounding retail and dense traffic in the immediate area, 846 Lancaster Avenue is a great opportunity for any type of small shop user.

Location Description:

846 Lancaster Avenue is strategically positioned with significant frontage in the market’s primary retail corridor along Lancaster Avenue. The site benefits from the high-volume traffic flow of Lancaster Avenue, which is one of the area’s heaviest traveled roadways. Lancaster Avenue acts as a focal point for retail in the Columbia market, with a trade area that extends more than 5 miles, attracting a vast customer base. With the high concentration of traffic driven by the surrounding retail tenants, the site pulls from not just the immediate trade area but the surrounding market points as well.

Trade Area Description:

Adding to the stability of the project, 846 Lancaster Avenue shows a 15-minute drive time demographics of over 253,198 people with household incomes of more than $78,197, and daytime employment demographics equally as strong with 152,419. The demographics within a 5-mile radius include 49,129 people in 19,391 homes, a labor force of 18,446 with an average household income of $82,195. The area’s growth since 2000 has increased over 13.5% with 2,617 new homes.

Property Location: