Ollie's Bargain Outlet

5800 Carlisle Pike, Mechanicsburg, PA 17050

For Sale: $7,500,000

40,000 SF

Ollie's Bargain Outlet

5800 Carlisle Pike, Mechanicsburg, PA 17050

For Sale: $7,500,000

40,000 SF

  • Ollie’s Bargain Outlet

Property Details


Building Size:

40,000 SF

Property Type:

Freestanding

Price:

$7,500,000

Sale Type:

Single Tenant

Tenancy:

Single

Cap Rate:

5.87%

NOI:

$440,000

Traffic Counts:

Route 11: 36,000 VPD

Population:

1 Mile: 6,342
3 Miles: 59,518
5 Miles: 119,766

Building Status:

Existing

Project Description


5800 Carlisle Pike is a 40,000 square-foot free-standing retail building located in the heart of the Mechanicsburg, Pennsylvania retail market. The property is ideally and conveniently located along the highly sought-after Carlisle Pike (Route 11), which is the main retail corridor for the Mechanicsburg, and surrounding markets (36,000 CPD). Ollie’s Bargain Outlet is under a brand new, 7-year lease agreement with (3) five (5) year options, providing a buyer with long-term, stabilized income from a recession proof tenant.

Property Location:


Ollies Bargain Outlet

Space Size: 40,000 SF
Offering: For Sale
Space Type: Retail
Lease Type: NNN
Tenant: Ollie's Bargain Outlet


5800 Carlisle Pike, Mechanicsburg, Hampden, PA 17050

Brokers

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