Gettysburg Marketplace

44 Natural Springs Road
Gettysburg, PA 17325

Marketing Materials

Overview

JLL is pleased to exclusively present for sale Gettysburg Marketplace (the “Property”), a 85,488 square foot grocery anchored shopping center located in Gettysburg, Adams County, PA. Gettysburg Marketplace is anchored by a high volume GIANT supermarket. Gettysburg Marketplace is the dominant retail shopping center in Gettysburg, PA. The Property is located at the signalized intersection of York Road / Route 30 and Natural Springs Road in Gettysburg and features quick access to downtown Gettysburg and Route 15 - a major north-south highway running through Central Pennsylvania. Traditionally known as one of the most popular tourism destinations in Central Pennsylvania, Gettysburg features a diverse economy supported by Gettysburg College, the county seat and the Gettysburg Hospital. Anchored by GIANT, the Property is home to a desirable mix of national and regional tenants including Pet Valu, Papa Johns, Sally Beauty, AT&T Wireless and Arby’s. Historically well-occupied, the Property had an average occupancy of 97% over the recent ten year period and presents an investor with immediate upside potential from leasing the existing vacant spaces.
  • Primary Broker

    James Galbally - Net Lease Broker
    James Galbally
    215-285-2911

  • Secondary Broker(s)

    Colin Behr - Net Lease Broker
    Colin Behr
    +1 215 399 1819

  • In-State Licensee

    James Galbally - Net Lease Broker
    James Galbally
    PA

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Investment Highlights
Lack Of Nearby Competition / Dominant Grocer in Trade Area
Significant Anchor Lease Term with Corporate Guarantee
Diverse Tenant Roster
Immediate Upside Potential
Historically Well Occupied
General
Property Type Retail
Property Address 44 Natural Springs Road
Gettysburg, PA 17325
Land In Acres 14.84
Building Size 85,488 Square Feet
Primary Use Supermarket
Year Built 1998
Tenancy Multi-Tenant
Financial
Price Confidential
Cap Rate Confidential
Current NOI $1,666,215
Lease
Tenant Name Giant
Lease Expiration Date 11/30/2028
Remaining Term 10.2Yrs