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    2801 Paper Mill Rd Reading, PA 19601

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    For Lease
    Contact for pricing

    High-traffic retail space in Pennsylvania's top shopping center.

    Property size:
    4,800 SF
    Lot size:
    67.46 Acres

    Property Features for 2801 Paper Mill Rd

    General Information

    Size
    4,800 SF
    Lot size
    67.46 Acres

    Source: Equity CRE Agent Rose Urban

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dominant Retail Space in Reading

    Located within Broadcasting Square, a dominant power center in Pennsylvania, this retail space benefits from high visibility and customer traffic. Broadcasting Square recorded over 10.3 million customer visits in 2024, making it one of the most visited open-air shopping centers in the state. Retailers within the center generate over $250 million in annual sales. The location offers ideal regional access from Route 422, with an average daily traffic of 82,900 vehicles, and Route 222, with an average daily traffic of 60,475 vehicles. Strategically positioned along a major transportation route connecting Central and Eastern Pennsylvania, Broadcasting Square benefits from a substantial daytime population due to the surrounding office market. The available retail space measures 4,800 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    ChargePoint Charging Station Electric Vehicle Charging Station Homewood Suites by ... Extended Stay Hotel

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Wyomissing Plaza, Berkshire Square, Fireworks tent, Wyomissing, The Knitting Mills

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.9694153
    Latitude
    40.3471335

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    FAQs

    What type of property is this?
    Shopping center - High-traffic retail space in Pennsylvania's top shopping center.
    Where is this shopping center located?
    The property is located at 2801 Paper Mill Rd Reading, PA.
    What are key features of this property?
    This property features: - Located in Broadcasting Square, Pennsylvania's most dominant power center with over 10.3 million customer visits in 2024.; - Retailers thrive with over $250 Million in annual sales.; - Anchored by major retailers including Target, Macy’s, and Weis.
    (610) 645-7700
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    2801 Paper Mill Rd Reading, PA 19601
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    Reading, PA 19601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2801 Paper Mill Rd Reading, PA 19601
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