Historical Retail Sale Listing - Franklin Center

Retail For Sale

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Franklin Center

1320 East Lincoln Highway, Chambersburg, PA 17201

N/A

174,842 SF | Retail

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Retail Property - Off Market

Price:
N/A
Gross Leasable Area:
174,842 SF
Property Type:
Retail
Property Sub-type:
Community Center
Property Use Type:
Investment
Distressed:
Yes
Auction:
Yes
Cap Rate:
2.40%
Occupancy:
23%
Tenancy:
Multiple
Lot Size:
26.90 AC
Listing ID
18063150
Last Updated
over 1 year ago

Description

Real Estate Auction
Sealed Bids due Wednesday, March 27 at 1:00pm
Inspection: Thursday, March 14 from 11am-2pm

This shopping center built in 1990 features 174,842 s.f. of gross leasable area. The 26.9 acre parcel is located conveniently off Route 30 near the intersection of Interstate 81 Chambersburg, PA. The parcel features a 1-story community shopping center and two free-standing buildings. The center has 19 tenant spaces of which six are currently occupied including Ollie's Outlet (anchor), Perkin's Restaurant, Popeye's and New Life Thrift Shop. The current tenants occupy 23% of the property. Lender ordered auction. Sealed Bid Auction.

Chambersburg, PA near I-81 intersection

Map of 1320 East Lincoln Highway, Chambersburg, PA 17201 (Franklin County)

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