Market Square at Legacy Park is the newest live/work/play development in the thriving West Shore market. Outstanding retail opportunities are available and supported by a planned 650+ unit residential community.
|Sale Price:||Subject To Offer|
|Lease Rate:||$23.00 SF/yr (NNN)|
|Building Size:||47,535 SF|
|Available SF:||1,520 - 16,000 SF|
|Lot Size:||4.87 Acres|
|Price / SF:||-|
Market Square at Legacy Park is the newest live/work/play development in the thriving West Shore market. The project consists of 47,535 square feet of retail space, the most currently available in rapidly expanding Mechanicsburg, with great visibility from Market Street, a major thoroughfare with traffic counts of +/- 13,000 VPD. These outstanding retail opportunities are supported by a planned 650+ unit residential community, already under construction behind the center. The center will be the home of Wolf Brewery, an award-winning local microbrewer opening their first retail brewery/eatery location. The project is in close proximity to notable retailers including Sheetz, Giant Foods, Starbucks, Cracker Barrel, Wendy’s, Arby’s, Subway, Dollar Tree, and Rite Aid.
Legacy Park is ideally located in the center of Mechanicsburg, a retail market that has seen tremendous retail growth over the last 10 years with the addition of the Silver Spring Square shopping center, anchored by Wegman’s, Target, and Best Buy. In addition to market-exceeding retail growth, Mechanicsburg’s residential and warehouse/distribution inventory are among the fastest-growing in the midstate as well.
Legacy Park’s outstanding strategic location attracts more than 420,000 people with household incomes of more than $80,000 per year within a 20-minute drive time. The immediate area has seen an increase of more than 20% in new residential construction, with more than 20,000 new homes built in the last ten years. Within a 10-mile radius of the project, there are more than 289,000 people in more than 121,000 households, with a labor force of almost 250,000 and an average household income of more than $81,000.
|Development Area||185 Acres|
|Gross Leasable Area||47,535 SF +/-|
|Frontages||S Market St (RT 114)|
|Traffic Counts||13,000 VPD on 114|
|Permitted Uses||Mechanicsburg Borough Traditional Neighborhood Development (TND) zoning; allows banking, daycare, fitness, restaurants, retail, day spas, personal services, office. Grocery allowed conditionally.|
|Retail Pad Sites||Up to 16,400 SF available|
|Retail / Restaurant Space||47,535 SF GLA|
|Office Space||None but pads can be built as office per zoning.|
|Residential Opportunities||650+ total units|
|POPULATION||1 MILE||3 MILES||5 MILES|
|Average age (Male)||42.9||40.3||39.6|
|Average age (Female)||44.9||44.6||43.6|
|HOUSEHOLDS & INCOME||1 MILE||3 MILES||5 MILES|
|# of persons per HH||2.3||2.2||2.4|
|Average HH income||$70,212||$69,671||$79,941|
|Average house value||$295,110||$226,965||$217,354|
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