3350 Paxton St
Harrisburg, PA 17111
Scottsdale Plaza (#2794) · Retail Property For Sale

INVESTMENT HIGHLIGHTS
- Highly Visible Retail Plaza
- Harrisburg's Largest Mall -(Harrisburg East Mall)
- 93% Occupied w/ Value-Add Upside thru Leasing and Rent Increases
- Ideally Located on Paxton Street -Directly Across from The Bass Pro Shop
- Substantial Growth Market
- New Billboard Lease (Under Construction)
PROPERTY FACTS
ABOUT 3350 PAXTON ST , HARRISBURG, PA 17111
Marcus and Millichap is proud to exclusively offer for sale Scottsdale Plaza, Located at 3350 Paxton Street, Harrisburg,PA. 17111 The subject property consists of 38,149 SF of net leasable space, and 40,654 SF of gross leasable area. There are current twelve(12)(Local, Regional, and National) operating tenants located in thirteen(13) space with a total of fourteen(14)occupied suites. They is currently only one(1)3000 SF vacancy which is approximately 7.8% of the net leasable area. The total asset includes three individual free standing buildings. The largest multi-tenant building anchored by Mattress Warehouse and the Melting Pot totals-21,603 SF and approximately 25,000 of GLA. These condo multi-tenant building anchored by Cafe'Fresco totals-14,546 SF of net leasable space,and approximately 15,000 of GLA. The third single tenant building is anchored solely by Neato Burrito totaling-2,000 SF of net leasable space and GLA.(Note-Neato Burrito is arguably the best Burrito shop in South Central Pennsylvania) The offering also includes a brand new (Interstate Highway I-83) billboard lease starting in late 2020 with a base term of 24 year.(I-83 Totals-98,143 VPD) One of the main and very attractive features of Scottsdale Plaza is its extremely large(back lit)PylonSign- Making it a true Landmark of the Paxton Street Corridor. The subject property sites on approximately 5.07 Acres and is ideally location on the main retail corridor of Paxton Street (S.E. Harrisburg MSA) w/ approximately 15,000 vehicles passing daily. And is located directly across the street from Bass Pro Shop & Harrisburg East Mall-(Harrisburg's Largest Mall Complex) Which attracts Tens of Thousands of visitors annually. This area has seen tremendous growth in the past several years with Neighboring tenants like-Starbucks, Chipotle, Sheetz, the Great Escape movie complex & and many more. The subject property, as well as the local submarket has seen substantial increases in Market Rents, Destination Traveler, and Local Population Demographics. Please reach out to your preferred Marcus and Millichap agent for additional information.
PROPERTY TAXES
Parcel Number | 63-024-020 | Improvements Assessment | $404,600 |
Land Assessment | $1,439,400 | Total Assessment | $1,844,000 |
Listing ID: 18712341
Date on Market: 3/2/2020
Last Updated:
Address: 3350 Paxton St, Harrisburg, PA 17111
The Retail Property at 3350 Paxton St, Harrisburg, PA 17111 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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