Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1395 S Hanover St Pottstown, PA 19465

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail spaces available in new Pottstown development near major retailers.

    Property size:
    3,920 SF
    Lot size:
    2.34 Acres

    Property Features for 1395 S Hanover St

    General Information

    Size
    3,920 SF
    Lot size
    2.34 Acres

    We can help!

    Listing Contact
    Brad Rohrbaugh
    Source: Moodyscre

    Listing Agent: Brad Rohrbaugh

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

    Learn more

    Property Insight Report

    Overview

    New Retail Development in Pottstown

    Coventry Village is a new retail development located in Pottstown, at the signalized intersection of Pottstown Pike (Route 100) and Temple Rd. This development is situated on approximately 4.5 acres. The location offers access to Route 100, Route 30, and Route 422. The property is suitable for retail, financial institutions, medical, or automotive tenants. The property is located near national retailers such as Giant, Wawa, Lowes, PetSmart, Dicks Sporting Goods, Starbucks, and CVS. Available spaces total 3,920 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Back In Motion Transport ... Trucking Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    The Shoppes at Coventry, Coin Cloud Bitcoin ATM, Coventry Mall

    Location Insight

    • Map
    • Local Demand
    City
    Pottstown
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.63305
    Latitude
    40.274563

    Nearby Similar for Lease

    • $804 /Mo
      90,169 SF

      Pottstown Commercial Suite For Lease

      Versatile commercial suite suitable for office, wellness, or creative use.
      1200 E High St, Pottstown, PA 19464
      View Details
    • $1,250 /Mo
      4,356 SF

      Pottstown Commercial Space For Lease

      Flexible commercial space in Pottstown, PA, with excellent accessibility.
      79 N Charlotte St, Pottstown, PA 19464
      View Details
    • $11 SF/Yr
      78,844 SF

      Pottstown Office Suites For Lease

      Solid brick office complex with suites available in Pottstown, PA.
      100 Porter Rd, Pottstown, PA 19464
      View Details
    • $546 /Mo
      90,169 SF

      Pottstown Office Suite For Lease

      Bright, updated office suite in professional building, move-in ready.
      1200 E High St, Pottstown, PA 19464
      View Details
    • $333 /Mo
      90,169 SF

      Updated Office Suite in Pottstown

      Bright, move-in-ready office suite in professional building. No CAM/utilities.
      1200 E High St, Pottstown, PA 19464
      View Details
    • Contact for pricing

      Retail Space Near Major Retailers

      Retail space available near Walmart, Dollar Tree, and Aldi.
      200 Shoemaker Rd, Pottstown, PA 19464
      View Details
    • $1,000 /Mo
      139,392 SF

      POTTSTOWN Office Space For Lease

      Approximately 1,500 SF of customizable open office space for lease.
      1132 Ridge Rd, Pottstown, PA 19465
      View Details
    • Contact for pricing
      3,500 SF

      Pottstown Retail Space Available

      Retail space available for rent in Pottstown, Pennsylvania.
      14 Lightcap Rd, Pottstown, PA 19464
      View Details
    • Contact for pricing

      Pottstown Creative Office Space

      Renovated 700 sq ft office space in downtown Pottstown.
      204 E High St, Pottstown, PA 19464
      View Details
    • Contact for pricing

      Downtown Pottstown Warehouse with Showroom

      Two-story warehouse with showroom, offices, and loading dock.
      22 E High St, Pottstown, PA 19464
      View Details
    • Contact for pricing
      105,000 SF

      Pottstown Warehouse Space Available

      105,000 sqft warehouse space for rent in Pottstown, PA.
      1000 Armand Hammer Blvd, Pottstown, PA 19464
      View Details
    • Contact for pricing
      4,283 SF

      Retail Space Near Upland Square

      Retail space available near Upland Square Shopping Center.
      908 Commerce Dr, Pottstown, PA 19464
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail spaces available in new Pottstown development near major retailers.
    Where is this shopping center located?
    The property is located at 1395 S Hanover St Pottstown, PA.
    What are key features of this property?
    This property features: - Brand-new retail development in Pottstown.; - Located at the signalized intersection of Pottstown Pike (Route 100) and Temple Rd (high traffic).; - Convenient access to Route 30 and Route 422.
    (717) 843-5555 Call to check price and availability
    Request Owner's contact information
    1395 S Hanover St Pottstown, PA 19465
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1395 S Hanover St
    Pottstown, PA 19465
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1395 S Hanover St Pottstown, PA 19465
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Brad Rohrbaugh
    (717) 843-5555
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!