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648 Frederick St
Hanover, PA 17331

$2,956,224 USD

Storefront Retail Office For Sale  •  4,928 SF

Property Details

• Property Type Storefront Retail Office
• Total Building Size 4,928 SF
• Lot Size 0.73 AC
• Building Class C
• Year Built 1930
• Tenancy Single
• Zoning CM

0 Transit Score

43 Walk Score

Highlights

Attractive Cap Rate: The property is being offered at a compelling 10.25% cap rate.

Zero Landlord Responsibilities: This property is on a NNN lease, making it ideal for investors seeking no landlord responsibilities.

The base rent is scheduled to increase by 7.14% in June 2025, presenting an excellent opportunity for increased investment returns.

This location benefits from minimal competition, with the nearest competing dispensary in Pennsylvania located over 13 miles from the subject property

Public Transportation

Airport	Drive	Walk	Distance
Harrisburg International	64 min	-	48.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	35
Type:	Surface
Included in Rent:	Yes