Shippensburg Marketplace

397 Baltimore Rd, Shippensburg, PA 17257

For Lease

1,400 - 5,000 SF

Shippensburg Marketplace

397 Baltimore Rd, Shippensburg, PA 17257

For Lease

1,400 - 5,000 SF

  • Shippensburg Marketplace

Property Details


Building Size:

59,865 SF

Total Lot Size:

9.11 Acres

Property Type:

Anchored Center

Price:

$16.00/SF

Vacant Space:

9,390 SF

Tenancy:

Multi

Traffic Counts:

Baltimore Rd: 4,000 VPD

Population:

3 Miles: 19,893
5 Miles: 26,724
7 Miles: 34,005

Building Status:

Existing

NNN PSF:

$4.46

JOIN:

Giant

Project Description


Shippensburg Marketplace is a 59,865 square foot, retail shopping center ideally located directly off of Baltimore Road in Shippensburg, Pa. This project is located near the dominant housing corridor in the fast- growing Shippensburg market. The site benefi ts from having great access to I-81 (52,000 CPD), as well as being located less than 1.3 miles to Shippensburg University. This project provides retailers the opportunity to break into a highly sought after retail corridor with little availability remaining. With Shippensburg Marketplace having a dominant grocery anchor, this project presents a great opportunity for any retailer.

Location Description:


The strategically positioned, Shippensburg Marketplace benefi ts from having visibility Baltimore Road. The center has multiple access points, one of them being signalized. The Shippensburg market has seen an immense amount of growth over the past 10 years with the development of major retail projects including Proctor & Gambles 1.7 million square foot warehouse. Located in the Township of Shippensburg, the project is located within a fast-growing market of residential, retail and warehouse distribution.

Trade Area Description:


Adding to the stability of the market, Shippensburg Marketplace shows a 20-minute drive time demographic of over 107,224 people with household income more than $68,210 and daytime employment demographics equally as strong with 51,027. The demographics within a 10-mile radius include 54,591 people in 20,455 homes, a labor force of 15,814 with an average household income of $67,642. The areas growth has increased over 22.4% since 2000 with over 4,572 new homes.

Property Location:


AVAILABLE SPACE: 9,390 SF

H

Space Size: 2,990 SF
Offering: For Lease
Space Type: Retail
Lease Rate: $16.00 SF/yr
Lease Type: NNN

A1

Space Size: 1,600 SF
Offering: For Lease
Space Type: Retail
Lease Rate: $16.00 SF/yr
Lease Type: NNN

A2

Space Size: 3,400 SF
Offering: For Lease
Space Type: Retail
Lease Rate: $16.00 SF/yr
Lease Type: NNN

B

Space Size: 1,400 SF
Offering: For Lease
Space Type: Retail
Lease Rate: $16.00 SF/yr
Lease Type: NNN

397 Baltimore Rd, Shippensburg, PA, USA

397 Baltimore Rd, Shippensburg, PA, USA

Brokers

Abe Khan

Senior Sales & Leasing Associate, Retail
717.843.5555 x231

717.891.0836

akhan@bennettwilliams.com

Blake Shaffer
Retail Sales & Leasing
717.843.5555 x232

717.654.5612

bshaffer@bennettwilliams.com

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