Listed by Graystone Capital Advisors
$9,751,620
Trader Joe's Camp Hill
Details
Property Type Retail
Sub Type Grocery Store, Shopping Center
Square Footage 16,912
Cap Rate 5.00%
NOI $487,581
Occupancy 100%
Tenancy Multi
Brand/Tenant Trader Joe's
Lease Type NNN
Lease Term 10
Lease Expiration 03/01/2032
Remaining Term 5.6
Lease Options Two, (5) Years & One, (4.5) Years
Price per SqFt $577
Class A
Year Built 2022
Acreage 2.420
Parking Spaces 250 spaces
Parking per 1,000 SqFt 14.78
Investment Type Net Lease
Lease Commencement 03/01/2022
Ground Lease No
Retail | 5.00% CAP | 16,912 SqFt
Marketing description
Graystone Capital Advisors exclusively presents the opportunity to acquire Trader Joe's Camp Hill, a 16,912 SF newly constructed, Trader Joe's anchored strip. Newly constructed (2022) grocery-anchored retail center in Camp Hill, PA, 100% leased to Trader Joe's (74% of GLA), Apricot Lane, Sports Clips & Good Feet Store under long-term NNN leases. The property is strategically located on 2.42 acres along Route 15, supported by strong traffic counts (18,911 VPD) and dense surrounding demographics.
Investment highlights
- Strong Real Estate Fundamentals | Prominently Sits on 2.47 acres with about 16.9K SF of Retail Space (100% Occupied)
- Excellent Accessibility & Visibility | Subject Site has direct visibility and access from Route 15 & Located Less than 0.5-miles from the intersection and on-off ramp of Route 15, Route 11, and Highway 581
- Explosive Retail Corridor | Located across from Capital City Mall (5.4M Annual Visitors) & within 2-miles of Camp Hill Shopping Center (4M Annual Visitors) and Harrisburg West Shopping Center (690K+ Annual Visitors) - According to Placer.ai
- Long Term Leases | All New 2022 Leases with 7-9+/- Years Remaining with Scheduled Rent Escalations
- Low Landlord Responsibilities | Newly Built in 2022 | 100% NNN + Management Fee
- Top Performing Destination Trader Joes (top 20% in the US) Over 1.1 million annual visits Below market rent
- Trader Joe's | 631 Stores Nationally | $20 Billion in annual estimated revenue #1 Ranked Grocery Store in the US
- Only location for 80 miles covering all of South Central PA
- Sports Clips | Locations in all 50 U.S. States and 1,900+ Locations | Recognized as the Top 10 'Fastest-Growing Franchises'
- Rapidly expanding footprint with hundreds of locations across the U.S., driven by loyal repeat clientele and strong community engagement.
- Good Feet | 305+ Locations with 1,000+ Employees generating $300M+ in Company Revenue in 2025
- Nearby National Retail Tenants | Dicks, Macy's, AMC Theatre, Aldi, Walmart, Michaels Texas Roadhouse, Chick Fil A, Bonefish Grill & Burger King.
- Unbelievable real estate fundamentals. Built in 2021 and occupied in 2022 before rapid inflation in construction costs leading to low basis
- Growth market, Camp Hill boasts ave household incomes well above state averages.
- Great co-tenancy hospitality retailers, Chick fil A, Texas Roadhouse, Marriott
- Below market rents. Trader Joe's pays significantly below market as well as inline tenants for new construction space.
- Dense Middle-Class Demographics | 170K+ Residents with $95K Average Household Income within 3-miles
Listing Contacts
Listed by Graystone Capital Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$487,581.00
$40,631.75/mo
Valuation Metrics
0
DSCR
5%
Cap Rate
5%
ROI
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