Valley Park Commons

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Valley Park Commons

1520 Wesel Boulevard, Hagerstown, MD 21740

For Lease

1,600 SF

Valley Park Commons

1520 Wesel Boulevard, Hagerstown, MD 21740

For Lease

1,600 SF

Property Details

Building Size:

72,794 SF

Total Lot Size:

10.23 Acres

Property Type:

Power Center

Price:

$21.00/SF

Vacant Space:

1,600 SF

Tenancy:

Single

Traffic Counts:

Wesel Boulevard: 12,300 VPD

Population:

20 Minute Drive Time: 127,854

Building Status:

Existing

NNN PSF:

$6.75

JOIN:

Hobby Lobby, Lowe's, Martin's, CVS Pharmacy, Sam's Club, Chick-Fil-A

Project Description

Valley Park Commons in Hagerstown, MD know as “Hub City” and “Maryland’s Gateway to the West” is a 384,000 square feet power center along Wesel Boulevard (12,295 VPD) dual anchored by Sam’s Club and Lowes with strong national co-tenants such as Hobby Lobby, Martin’s, CVS, Chick-Fil-A, Taco Bell, Boston Market, just to name a few. Valley Park Commons provides access from a signalized intersection as one of the main destination shopping centers in the area. This is a great opportunity for any retail, medical, or office user to enter the Hagerstown market in a strong, power center.

Location Description:

Valley Park Commons has excellent visibility and access along Wesel Boulevard (12,295 VPD), a retail thoroughfare in the Hagerstown market, at the intersection of I-81 (72,905 VPD) and I-70 (51,224) which pulls travelers from the surrounding markets. The center sits at a signalized intersection and offers multiple points of ingress and egress around the center. Situated near notable national retailers such as Target, Kohl’s, Big Lots, Ashley HomeStore, as well as the popular Valley Plaza and Valley Mall, this anchored power center is able to extend the trade area well over 7 miles to bring in high-volume traffic from nearby market points.

Trade Area Description:

Adding to the stability of the project, Valley Park Commons shows a 20-minute drive time demographic of over 127,846 people with household incomes more than $76,194 and daytime employment demographics equally as strong with 68,400. The demographics within a 10-mile radius include 146,897 people in 57,607 homes, a labor force of 118,656 with an average household income of $79,091. The areas growth since 2000 has increased 18.6% with over 10,732 homes.