440 Eisenhower DrHanover, PA 17331

Property Details for 440 Eisenhower Dr

Year built

1997

Lot size

8.30 AC

Property size (Sq ft)

12,000 SF

Zone code

M

Property type

Strip malls

Property subtype

Neighborhood centers

APN

67-000-ED-0013.H0-00000

APU

67000ED0013H000000

Description

Hanover Commons offers a prime retail opportunity in a thriving York County location. This well-established 87,000 square foot strip center boasts a strong tenant mix, anchored by Goodwill, Mattress Warehouse, and Petco. Currently, 8,140 square feet of retail space is available, presenting a unique chance to establish or expand your business in a high-traffic area. The center enjoys excellent visibility and accessibility along Eisenhower Drive, the main thoroughfare in Hanover. Its strategic location, just 17 miles west of York, PA, and 30 miles south of Harrisburg, PA, provides access to a large and diverse customer base. The property sits on a substantial 10.6-acre lot, zoned M, offering ample parking and potential for future expansion. This established center provides a turnkey solution for businesses seeking a high-visibility location with strong existing anchors. The available space is versatile and adaptable to a variety of retail uses, making it an attractive option for businesses looking to capitalize on the robust Hanover market. The property's size and location make it an ideal investment opportunity for those seeking a stable and growing retail portfolio. The existing tenant mix ensures a consistent flow of customers, creating a supportive environment for new businesses. Don't miss this chance to secure a prominent retail presence in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,763,608

  6.5%

  $3,474,099

  7%

  $3,225,949

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,088,627

  Geo Method

  $1,902,398

• Alternative Use

  Use

  Valuation

  Residential

  $2,930,533

  Hospitality

  $2,684,352

  Educational

  $2,233,350

  Medical

  $2,310,158

  Retail

  $3,474,099

Location Insight

City

Hanover

County

York

State

Pennsylvania

Latitude

39.8262

Longitude

-76.979

CBSA code

49620

CBSA name

YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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