The Centre at Antietam Creek — Business for Sale
- Price: Contact for price
- Listing type: For sale
- Asset type: Business
- Year built: 1999
Description
Jones Lang LaSalle, as exclusive advisor, is pleased to present the acquisition opportunity for The Centre at Antietam Creek — a 113,260 SF grocery-anchored shopping center in Hagerstown, Maryland. Anchored by Weis Markets, one of Washington County’s leading grocery chains, the center benefits from a proven anchor tenant with 27.6 years of continuous occupancy. The property demonstrates robust leasing momentum, over 20% of GLA across 10 tenants leased since 2022, reflecting sustained demand for this retail destination. The center features an institutional-quality tenant roster, with over 70% of the property occupied by national retailers offering a diverse and complementary retail mix. Strategically positioned at Hagerstown’s highest-traffic intersection along Route 40, with direct access to I-70 and I-81, the center serves a broad trade area with exceptional convenience and visibility. The investment presents a compelling value-creation opportunity through below-market rents offering significant mark-to-market potential. The Centre at Antietam Creek represents a rare opportunity to acquire a stabilized, grocery-anchored asset with a best-in-class anchor tenant, strong fundamentals, and a clear pathway for value enhancement.
Market Context
This commercial property is listed for sale. The building dates to 1999. It has been on the market for 3 days. Compare it against other commercial property listings for sale — view the full market.
Contact
- Jordan Lex · 2025332517 · jordan.lex@jll.com
- Daniel Naughton · 2027772316 · daniel.naughton@jll.com
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