For Sale
$3,500,000

5528 Carlisle Pike Mechanicsburg, PA 17050

Net-leased Chase Bank, high visibility

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity presents a freestanding, 2,640 square foot Chase Bank branch located at 5528 Carlisle Pike in Mechanicsburg, Pennsylvania. The property sits on a 1.04-acre lot and boasts a highly visible location along Carlisle Pike, offering exceptional exposure to high traffic volume. The bank features a convenient drive-thru, a rare amenity in this location, and benefits from four access points: two directly from Carlisle Pike and two connecting to adjacent shopping centers. This single-tenant, net-leased property is secured by a 15-year lease with Chase Bank, ensuring a stable and predictable income stream. The property enjoys 100% occupancy and a strong 5.00% cap rate. The asking price is $3,500,000. This investment is situated within a thriving retail environment, surrounded by prominent national brands such as Raising Cane's, Starbucks, CAVA, McDonald's, Dave's Hot Chicken, Marshall's, and Home Goods, further enhancing its value and appeal. The property's strategic location and strong tenant provide a compelling investment opportunity with significant barriers to entry, making it a rare find in a high-demand corridor. The zip code is 17050, and the property is located in Cumberland County.

Highlights

  • Freestanding 2,640 SF Chase Bank branch on a 1.04-acre lot in Mechanicsburg, PA.
  • High-visibility location on Carlisle Pike with high traffic counts and a drive-thru.
  • Four access points, including direct access from Carlisle Pike and connections to adjacent shopping centers.
  • Net-leased to Chase Bank with a 15-year lease, 100% occupancy, and a 5.00% cap rate.
  • Asking price: $3,500,000; located in a strong retail environment with national brands nearby.

Property Details for 5528 Carlisle Pike

Property type
Retail properties, Drive through restaurants
Square Feet
2,640 SF
Lot Size (sq. ft)
45,302 SF

Location Insight

City
Mechanicsburg
County
Cumberland
State
Pennsylvania
Latitude
40.2406183
Longitude
-76.9862327

FAQs

What type of property is this?
Retail property - Net-leased Chase Bank, high visibility
Where is the retail property located?
The property is located at 5528 Carlisle Pike Mechanicsburg, PA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Freestanding 2,640 SF Chase Bank branch on a 1.04-acre lot in Mechanicsburg, PA.; High-visibility location on Carlisle Pike with high traffic counts and a drive-thru.; Four access points, including direct access from Carlisle Pike and connections to adjacent shopping centers.
How can I contact the broker?
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5528 Carlisle Pike
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