Wayne Plaza

Property Details

Project Description

Wayne Plaza, a 131,623-square foot Giant Food anchored retail shopping center centrally located in Chambersburg, Pennsylvania at a signalized intersection of Wayne Ave (?,000 CPD) and Interstate 81 (52,000 CPD) just 25 miles North of Hagerstown, MD., 50 miles south of Harrisburg, PA. The center is anchored by Giant Food which is the markets preferred grocer. Wayne Plaza is also home to other leading retailers such as Pet Valu, Dollar Tree, UPS Store, and the PLCB just to name a few.

Location Description:

Wayne Plaza is strategically positioned with significant frontage in one of the markets primary retail corridors along Wayne Avenue. The center boosts a high impact from the intersecting traffic flow of Interstate 81 which is the areas heavily traveled highway in the region and half mile from the site. Route 30 acts as regional focal point for retail, with a trade area that extends out further than 10-15 miles, attracting a vast customer demographic. Wayne Plaza has high concentration of traffic generating tenants located within the shopping and, surrounding such as Wal Mart, Target, and Lowe’s Home Improvement. Chambersburg pulls from not just the immediate market point, but all surrounding towns and communities alike, Wayne Plaza acts as a staple retail property in Chambersburg.

Trade Area Description:

Adding to the stability of the project, Wayne Plaza shows a 20-minute drive time demographic of over 147,888 people with household incomes more than $67,165 and daytime employment demographics equally as strong with 66,711. The demographics within a 10- mile radius include 88,924 people in 35,669 homes, a labor force of 41,502 with an average household income of $68,646. The areas growth over the last 10 years has increased over 22.4% since 2000 with over 4,565 new homes.

Property Location: