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935 Wayne Ave
Chambersburg, PA 17201
Red Lobster · Retail Property For Sale
EXECUTIVE SUMMARY
As a pad to a top performing Giant anchored shopping center, the subject property benefits from the retail synergies of surrounding retailers. The subject property is just over 2 acres allowing for various redevelopment options in the future.
Situated along Interstate 81, Chambersburg is within a 100-mile radius of both Washington, D.C., and Baltimore, Maryland, making it an ideal hub for trucking and distribution businesses. This prime location provides businesses with access to industrial and consumer markets of over 100 million people via truck, rail, sea, or air.
Manufacturing in Chambersburg includes machinery production, metal fabrication, and food processing. The largest sectors by payroll are manufacturing companies, retail trade, and health care and social assistance.
Situated along Interstate 81, Chambersburg is within a 100-mile radius of both Washington, D.C., and Baltimore, Maryland, making it an ideal hub for trucking and distribution businesses. This prime location provides businesses with access to industrial and consumer markets of over 100 million people via truck, rail, sea, or air.
Manufacturing in Chambersburg includes machinery production, metal fabrication, and food processing. The largest sectors by payroll are manufacturing companies, retail trade, and health care and social assistance.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,095 SF
Building Class
B
Year Built
1991
Price
$2,232,258
Price Per SF
$366.24
Cap Rate
7.75%
NOI
$173,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
2.06 AC
Parking
30 Spaces (4.92 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 06-1E00-128-000000 | Improvements Assessment | $132,730 |
| Land Assessment | $107,620 | Total Assessment | $240,350 |
PROPERTY TAXES
Parcel Number
06-1E00-128-000000
Land Assessment
$107,620
Improvements Assessment
$132,730
Total Assessment
$240,350
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