Overview
Graystone Capital Advisors exclusively presents the opportunity to acquire Lower Allen Commons, a 16,899 SF newly constructed, Trader Joe’s anchored strip. Newly constructed (2022) grocery-anchored retail center in Camp Hill, PA, 100% leased to Trader Joe’s (74% of GLA), Apricot Lane, Sports Clips & Good Feet Store under long-term NNN leases. The property is strategically located on 2.42 acres along Route 15, supported by strong traffic counts (18,911 VPD) and dense surrounding demographics
Investment Highlights
» Strong Real Estate Fundamentals l Prominently Sits on 2.47 acres with about 16.9K SF of Retail Space (100% Occupied)
» Excellent Accessibility & Visibility | Subject Site has direct visibility and access from Route 15 & Located Less than 0.5-miles from the intersection and on-off ramp of Route 15, Route 11, and Highway 581
» Growth market, Camp Hill boasts ave household incomes well above state averages.
» Excellent Accessibility & Visibility | Subject Site has direct visibility and access from Route 15 & Located
Less than 0.5-miles from the intersection and on-off ramp of Route 15, Route 11, and Highway 581
» Great co-tenancy hospitality retailers, Chick fil A, Texas Roadhouse, Marriott
» Explosive Retail Corridor | Located across from Capital City Mall (5.4M Annual
Visitors) & within 2-miles of Camp Hill Shopping Center (4M Annual Visitors) and
Harrisburg West Shopping Center (690K+ Annual Visitors) – According to Placer.ai
» Long Term Leases | All New 2022 Leases with 6+/- Years Remaining with Scheduled Rent Escalations
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