800 High St Carlisle, PA 17013

This exceptional retail property, known as The Point at Carlisle Plaza, presents a unique investment opportunity in the thriving Carlisle, Pennsylvania market. The property encompasses a significant footprint ranging from 30,927 to 479,160 square feet, distributed across two units. The zoning is C-2 Shopping Center/Mixed Use, offering considerable flexibility for future development. The site itself boasts a generous lot size ranging from 0.71 to 11 acres. A key feature is a 60,000 square foot freestanding anchor box with direct access to ample parking, complemented by a 100,000 square foot enclosed mall space presenting a compelling demalling opportunity. The property benefits from a recently signed 10-year ground lease with Burger King for a newly constructed (2024) building. Additionally, a vacant 280 square foot space, previously occupied by a bank and ATM, offers potential for a new pad site development. The property's strategic location is less than one mile from I-81 exits 48 & 49 and Carlisle's central business district, ensuring high visibility and accessibility. Note that Lowe's owns a separate parcel and is not included in this offering. The entire parcel operates under an ECCR Operating Agreement. Financial details, including rent roll and center operating expenses, are available upon execution of a Confidentiality Agreement.