Hanover Commons
440 Eisenhower Dr, Hanover, PA 17331
For Lease
8,140 SF
Hanover Commons
440 Eisenhower Dr, Hanover, PA 17331
For Lease
8,140 SF
Property Details
87,000 SF
10.6 Acres
Strip Center
$16.00/SF
Multi
Eisenhower Dr: 25,000 VPD
5 Mile: 66,639
7 Mile: 84,987
10 Mile: 125,749
Existing
Dollar Tree, Aaron's, Mattress Warehouse, Staples, Goodwill
Project Description
Hanover Commons, is an 87,000 SF well established retail building ideally positioned along Eisenhower Drive, which is the main thoroughfare in the Hanover market. The center is just 17 miles west of York, Pa. and 30 miles south of Harrisburg, Pa. The center is anchored by Goodwill, Mattress Warehouse, and Petco.
Location Description:
Hanover Commons is strategically positioned with significant frontage in the markets primary retail corridors along Eisen- hower Blvd. The center benefits from the high-volume traffic flow of Eisenhower Blvd, which is the areas heaviest traveled roadway. Eisenhower Blvd acts as the areas focal point for retail, with a trade area that extends out further than 10-15 miles, attracting a vast customer base. With a high concentration of traffic driven by the anchor tenants located within Hanover Commons. The center pulls from not just the immediate market point, but the surrounding towns and communities.
Trade Area Description:
Adding to the stability of the project, Hanover Commons shows a 20-minute drive time demographic of over 182,000 people with household incomes of more than $76,000 and daytime employment demographics equally as strong with 77,146. The demographics within a 10-mile radius include 118,133 people in 46,808 homes, a labor force of 47,771 with an average household income of $75,280. The areas growth over the last 10 years has increased over 20.8% since 2000 with over 6,459 new homes.
