Gateway East

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Gateway East

Wilson Avenue, Hanover, PA 17331

For Sale, For Lease

1 - 6.9 Acres

Gateway East

Wilson Avenue, Hanover, PA 17331

For Sale, For Lease

1 - 6.9 Acres

Property Details

Lot Size:

1 - 6.9 Acres

No. Lots:

1

Property Type:

Land

Lease Price:

Negotiable

Traffic Counts:

Wilson Ave: 11,000 VPD
Carlisle St: 23,000 VPD

Population:

3 Mile: 35,268
5 Mile: 63,574
7 Mile: 80,375

Project Description

Gateway East is the second phase of Gateway Hanover. Gateway East consists of several parcels. The remaining acreage ranges from 1-6.9 acres of commercial land with frontage on Wilson Ave. The available land will have signalized access to Wilson Avenue. The rear portion of Lot 11 is under construction with Tractor Supply. Lots 12 and 13 will be developed by utility companies. Wilson Avenue is a four lane roadway that connects Route 94 to Eisenhower Drive. Gateway East is adjacent to Gateway Hanover, which includes anchors of Target, Sam’s Club, Hobby Lobby, Dick’s, Old Navy and more.

Location Description:

Gateway East is positioned with frontage on Wilson Avenue, which connects Route 94 (Carlisle Street) to Eisenhower Drive. Gateway East is located in north Hanover, where most of the retail activity is located. There are new residential developments occurring north and east of this site. The retail trade area extends out further than 10-15 miles, attracting a vast customer base.

Trade Area Description:

The site shows a 30-minute drive time demographic of over 146,844 people with household incomes of more than $65,401 and daytime employment demographics equally as strong with 76,185. The demographics within a 20-mile radius include 182,044 people in 73,446 homes, a labor force of 87,555 with an average household income of $64,547. The area’s growth since 2000 has increased over 1.2% with 926 new homes.