True
Space Available For Lease 1
2nd Floor |
Traffic Counts: Broadway: 11,000 VPD Baltimore Street: 13,000 VPD There is approximately 2,000 square feet of office/retail space located on the second floor. This space is elevator accessible. The space is in shell condition with hardwood floors and large windows. Ryan MyersBennett Williams Commercial |
Contacts
Ryan Myers
Bennett Williams Commercial
Property Details
- Property Type Retail
- Property Size 24,255 SF
- Additional Rent Contact for pricing
- Date Updated Oct 28, 2024
The Property is a 24,255 square foot retail and office building centrally located in Hanover, Pennsylvania. It is situated at the signalized intersection of Broadway (11,000 CPD), York Street, and Railroad Street. The building consists of three floors. The first floor is occupied by Oak Artisan Cookery and Fat Bat Brewing. The second floor is partially occupied by Hanover Golf Loft and Woodland Development, Inc. There is approximately 2,000 square feet of office/retail space located on the second floor. This space is elevator accessible. The space is in shell condition with hardwood floors and large windows. There is approximately 2,500 square feet on the third floor that is not elevator accessible. Parking is on-street and at the municipal lot to the rear of the building.
38-40 Broadway & 6-10 N Railroad Street is strategically positioned with significant frontage in one of the market’s primary corridors along Broadway (Route 194) with signalized access. The building benefits from the high traffic flow of Broadway, which is one of the heaviest traveled roadways in the market. Broadway acts as a focal point for retail and office users in Hanover, with a trade area that extends more than 10 miles, attracting a vast customer base from the surrounding market points.
The site shows a 30-minute drive time demographic of over 146,844 people with household incomes of more than $65,401 and daytime employment demographics equally as strong with 76,185. The demographics within a 20-mile radius include 182,044 people in 73,446 homes, a labor force of 87,555 with an average household income of $64,547. The area’s growth since 2000 has increased over 1.2% with 926 new homes.
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Getting around
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Walk Score ®
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Bike Score ®
Location
- City Hanover, PA
- Zip Code 17331
- Market Harrisburg
Points of Interest
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Royal Farms
0.12 miles
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Sunoco
0.32 miles
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Turkey Hill
0.49 miles
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Millennium Gas
0.75 miles
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USA Gas
1.18 miles
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Giant
1.28 miles
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Carroll Motor Fuels
1.28 miles
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Giant Gas Station
1.61 miles
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Sheetz
1.72 miles
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Hanover Patking Lot 1
0.10 miles
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Row 1
1.62 miles
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Row 2
1.62 miles
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Row 3
1.63 miles
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Row 4
1.64 miles
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Row 5
1.65 miles
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Row 6
1.67 miles
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Row 7
1.68 miles
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Row 8
1.69 miles
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Row 9
1.70 miles
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Divino Pizzeria
0.06 miles
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Domino's
1.06 miles
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McDonald's
1.16 miles
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Burger King
1.17 miles
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Dunkin'
1.25 miles
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Forbidden City
1.31 miles
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Subway
1.32 miles
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Papa John's
1.39 miles
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Taco Bell
1.44 miles
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El Rodeo
1.51 miles
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Weis
0.91 miles
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Giant
1.25 miles
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Myers Meat Market
1.26 miles
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TJ Maxx
1.56 miles
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North Hanover Mall
1.56 miles
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ALDI
1.58 miles
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Big Lots
1.59 miles
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Grocery Outlet
1.61 miles
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Walmart Supercenter
1.62 miles
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Burlington
1.63 miles
38 - 40 Broadway Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
Retail space at 38 - 40 Broadway asks $13.50/SF/YR per square foot.
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The property includes 2,000 square feet of retail space for lease. Of this total, 2,000 square feet are Retail.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Ryan Myers
Bennett Williams Commercial