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3285 Black Gap Rd
Chambersburg, PA 17202
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Fully Leased to national tenant
- Great visibility from I-81
- I-81 Average Traffic Count: 31,244 VPD - North
- Freestanding building
- Quick access to exit ramps
- I-81 Average Traffic Count: 31,352 VPD - South
EXECUTIVE SUMMARY
Positioned with exceptional visibility from Interstate 81 and Black Gap Road, 3285 Black Gap Road presents a compelling opportunity for investors seeking a stabilized retail asset in a high-traffic corridor. This ±31,080 SF freestanding building is fully leased to a national tenant, offering immediate income with a reported cap rate of 8.17%. The property benefits from its strategic location in Greene Township, Franklin County, with direct access to I-81 exit ramps and traffic counts exceeding 31,000 vehicles per day in both directions.
Renovated in 2017, the building features modern infrastructure including LED lighting, wet sprinkler systems, and roof-mounted HVAC units. The interior layout includes a retail floor, receiving and storage areas, employee break room, mechanical room, and two private offices. With 150 parking spaces and one loading dock door, the site is well-equipped to support retail operations. The flat rubber roof, exposed metal joist ceilings ranging from 14 to 18 feet, and concrete slab foundation contribute to the building’s durability and functionality.
Zoned Highway Commercial, the property is situated in a vibrant retail corridor with strong regional connectivity and demographic support. Its proximity to major transportation routes and Chambersburg’s growing commercial base enhances long-term value and tenant retention. This asset is ideal for investors seeking predictable returns and minimal management in a high-demand location.
Renovated in 2017, the building features modern infrastructure including LED lighting, wet sprinkler systems, and roof-mounted HVAC units. The interior layout includes a retail floor, receiving and storage areas, employee break room, mechanical room, and two private offices. With 150 parking spaces and one loading dock door, the site is well-equipped to support retail operations. The flat rubber roof, exposed metal joist ceilings ranging from 14 to 18 feet, and concrete slab foundation contribute to the building’s durability and functionality.
Zoned Highway Commercial, the property is situated in a vibrant retail corridor with strong regional connectivity and demographic support. Its proximity to major transportation routes and Chambersburg’s growing commercial base enhances long-term value and tenant retention. This asset is ideal for investors seeking predictable returns and minimal management in a high-demand location.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
31,080 SF
Building Class
C
Year Built/Renovated
2001/2017
Price
$2,190,000
Price Per SF
$70.46
Cap Rate
8.17%
NOI
$178,923
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
3.17 AC
Zoning
HC - Highway Commercial
Parking
140 Spaces (4.67 Spaces per 1,000 SF Leased)
Frontage
331’ on Chambersburg Mall
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 09-0C14-174-000000 | Improvements Assessment | $266,070 |
| Land Assessment | $38,070 | Total Assessment | $304,140 |
PROPERTY TAXES
Parcel Number
09-0C14-174-000000
Land Assessment
$38,070
Improvements Assessment
$266,070
Total Assessment
$304,140
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