Gateway Center

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Gateway Center

500 Walker Road, Chambersburg, PA 17201

For Lease

1,873 SF

Gateway Center

500 Walker Road, Chambersburg, PA 17201

For Lease

1,873 SF

Property Details

Building Size:

49,867 SF

Total Lot Size:

6.62 Acres

Property Type:

Anchored Center

Price:

$18.00/SF

Vacant Space:

1,873 SF

Tenancy:

Multi

Traffic Counts:

Noland Avenue: 16,000 VPD

Population:

3 Miles: 35,061
5 Miles: 53,395
7 Miles: 66,298

Building Status:

Existing

NNN PSF:

$3.69

JOIN:

Fuddrucker's, Sprint, Wolf's Furniture, Texas Roadhouse, Candlewood Suites and Kid to Kid,

Project Description

Gateway Center is a 49,867 square foot retail shopping center ideally located directly off of Gateway Avenue & Walker Road in Chambersburg, Pa. This project is located within the heart of the retail corridor in the fast-growing Chambersburg market. The site benefits from having great visibility along I-81 (52,000 CPD), as well as being located along Walker Road which provides direct access to Route 30 (25,000 CPD). Gateway Center provides retailers the opportunity to break into a highly sought after retail corridor with little availability remaining. With its close proximity to traffic generating retailers such as Target, Giant, PetSmart, Kohl’s, Starbucks and more, this project would be a great location for any use.

Location Description:

The strategically positioned, Gateway Center benefits from having visibility along I-81 (52,000 CPD). The center has 4 separate, full access points, two of which is from the Gateway Avenue and two of which are from Walker Road. The Walker Road corridor has seen an immense amount of growth over the past 10 years with the development of major retail projects including the Target & Giant anchored power center, Chambersburg Crossing. Located in the Borough of Chambersburg, the center is located within a fast-growing market of residential, retail and warehouse distribution.

Trade Area Description:

Adding to the stability of the project, Gateway Center shows a 20-minute drive time demographic of over 146,211 people with household income more than $67,162 and daytime employment demographics equally as strong with 61,851. The demographics within a 10-mile radius include 90,433 people in 36,343 homes, a labor force of 42,370 with an average household income of $$68,109. The areas growth has increased over 22.4% since 2000 with over 6,958 new homes.