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Shopping Strip

Brandywine Plaza

2237 Paxton Church Rd, Harrisburg, PA 17110

Listing Price: $4,775,000

Cap Rate
7.78%
Rentable SF
44,241
Lot Size
7.39 acres
Year Built
1987

Investment Overview

he Dunkle-Vartanian Group of Marcus & Millichap is pleased to exclusively present Brandywine Plaza, located at 2237 Paxton Church Rd in Harrisburg, Pennsylvania. The Subject Property is 44,241 Square Foot retail office and shopping center located at the intersection of Progress Avenue and Paxton Church Road, which has approximately 12,400 VPD. The commercial property is in close proximity to Linglestown Rd, Interstate 81, and Interstate 83, as well as downtown Harrisburg. Brandywine Plaza is zoned Commercial Neighborhood with a diverse tenant mix, including local restaurants, office spaces, stores, and fitness centers, driving local residents to the strip. The property is at 100% occupancy across 21 suites. The Subject Property is currently operating with below market rents for the majority of their tenants. The Subject Property is rooted securely within a strong local economy, with over 2.6 million SF of office and retail space and 158,362 residents within a five-mile radius. There are several major shopping centers within a 3 mile radius of the property, such as The Shoppes at Susquehanna Marketplace, The Colonial Park Mall, and The Colonial Commons.

Investment Highlights

  • Subject property sites on a 7.39 Acre lot in Dauphin County within Harrisburg, ranked one of the top 10 counties to live in PA.
  • Value-Add with the potential to increase below market rents.
  • The center features both national (Subway) tenants and regional tenants such as PLCB Harrisburg Admin Law Judges who has been a tenant since 1994
  • Long term tenants provide predictable NOI.
  • Located along a primary retail street Paxton Street, with over 12,400 vehicles passing daily
  • Harrisburg has seen sustained growth over the past decade with over 2% population growth annually

Exclusively Listed By

Financing By

Shopping Strip

Brandywine Plaza

Listing Price: $4,775,000

Cap Rate
7.78%
Rentable SF
44,241
Lot Size
7.39 acres
Year Built
1987

Investment Highlights

  • Subject property sites on a 7.39 Acre lot in Dauphin County within Harrisburg, ranked one of the top 10 counties to live in PA.
  • Value-Add with the potential to increase below market rents.
  • The center features both national (Subway) tenants and regional tenants such as PLCB Harrisburg Admin Law Judges who has been a tenant since 1994
  • Long term tenants provide predictable NOI.
  • Located along a primary retail street Paxton Street, with over 12,400 vehicles passing daily
  • Harrisburg has seen sustained growth over the past decade with over 2% population growth annually

Investment Overview

he Dunkle-Vartanian Group of Marcus & Millichap is pleased to exclusively present Brandywine Plaza, located at 2237 Paxton Church Rd in Harrisburg, Pennsylvania. The Subject Property is 44,241 Square Foot retail office and shopping center located at the intersection of Progress Avenue and Paxton Church Road, which has approximately 12,400 VPD. The commercial property is in close proximity to Linglestown Rd, Interstate 81, and Interstate 83, as well as downtown Harrisburg. Brandywine Plaza is zoned Commercial Neighborhood with a diverse tenant mix, including local restaurants, office spaces, stores, and fitness centers, driving local residents to the strip. The property is at 100% occupancy across 21 suites. The Subject Property is currently operating with below market rents for the majority of their tenants. The Subject Property is rooted securely within a strong local economy, with over 2.6 million SF of office and retail space and 158,362 residents within a five-mile radius. There are several major shopping centers within a 3 mile radius of the property, such as The Shoppes at Susquehanna Marketplace, The Colonial Park Mall, and The Colonial Commons.

Exclusively Listed By

Financing By

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