The Centre at Antietam Creek_Property for Sale
The Centre at Antietam Creek_Property for Sale

The Centre at Antietam Creek

37 Eastern Boulevard North, Hagerstown, MD, 21740, US

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.

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Attributes

Building area net
113,260 sf
Occupancy
100%
Year built
1999
WAULT
4.1 years

Media

Investment highlights

  1. PREMIUM GROCERY ANCHOR Weis Markets is a leading Hagerstown grocer chain


  1. STRONG LEASING MOMENTUM 10 new tenants secured over the past four years demonstrating consistent market demand.


  1. MARK-TO-MARKET OPPORTUNITY Current rents run 15% below market rates, creating strong mark-to-market upside.


  1. PRIME LOCATION ON HAGERSTOWN'S BUSIEST CORRIDOR Strategically located on Hagerstown's main commercial corridor along US Route 40 (38K VPD), with direct access to I-70 and I-81.
The Centre at Antietam Creek 4_Property for Sale
The Centre at Antietam Creek 4_Property for Sale

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The Centre at Antietam Creek (0 Properties)

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Last updated Aug 6, 2026