875 Lincoln WayChambersburg, PA 17202

Property Details for 875 Lincoln Way

Lot size

7.95 AC

Property type

Retail properties

Property subtype

Retail space

APN

11-E13-77A

APU

11E1377A

Description

This exceptional 2,000 square foot medical office space is situated within the thriving Westside Plaza Shopping Center, a Class A property built in 2001. The center boasts high visibility from a major roadway and benefits from strong anchor tenants, including a popular Surplus City discount hardware store and a Wendy's restaurant, generating significant foot traffic. This contributes to a high-demand location, evidenced by the largely occupied space with only this suite currently available for lease. The entire building encompasses 57,400 square feet, with multiple tenants currently operating successfully. The space is immediately available and offers a minimum divisible space of 2,000 square feet, with a maximum contiguous space of 2,000 square feet. The existing tenant mix includes a diverse range of businesses, such as Holiday Hair, an Italian restaurant, Liberty Tax, a smoke shop, and a billiards establishment, creating a vibrant and bustling atmosphere. This presents a unique opportunity for a medical practice seeking a well-located, high-traffic space within an established and successful shopping center. The property is well-maintained and offers excellent visibility, making it an ideal location for attracting patients and establishing a thriving practice.

• CAP approach

  CAP return

  Valuation

  6%

  $108,612,064

  6.5%

  $100,257,288

  7%

  $93,096,056

• Comparable approach

  Method

  Valuation

  Relative Method

  $89,133,144

  Geo Method

  $174,483,840

• Alternative Use

  Use

  Valuation

  Residential

  $84,570,776

  Hospitality

  $77,466,376

  Educational

  $64,451,116

  Medical

  $66,667,688

  Retail

  $100,257,288

Location Insight

City

Chambersburg

County

Franklin

State

Pennsylvania

Latitude

39.9373

Longitude

-77.6822

CBSA code

16540

CBSA name

CHAMBERSBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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