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Grocery-Anchored Open-Air Shopping Center
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171 Market St, Collegeville, PA 19426

Wegmans-anchored open-air retail center with major national tenants and an established daytime draw from nearby office space.

Property Size2,290 SF
Days on Market202

Property Features for 171 Market St

General Information

Standard status Active
Size 2,290 SF
Property subtype RETAIL

Additional Details

Anchor Co-Tenants Wegmans, Best Buy, Dick's Sporting Goods, LA Fitness, Movie Tavern, HomeGoods, Old Navy, Michaels

Building Details

Year Built 2008
Building Size 759,945 SF
Tenancy Multi
Listing Agency: KPR Centers (Katz Properties) - Corporate
Listed By: Dina Berlin-Blackstone
Source: Moodyscre
Added: Jan 9 Changed: Jul 29 Last Checked: Jul 30 at 2:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KPR Centers (Katz Properties) - Corporate

Investment Insights

Based on property information with market context.

Providence Town Center is a Wegmans-anchored open-air shopping center totaling 759,945 square feet, developed in 2008–2009. The center is highlighted by Wegmans, occupying 133,589 square feet, and is supported by a tenant mix that includes Best Buy, Dick’s Sporting Goods, LA Fitness, Movie Tavern, HomeGoods, Old Navy, and Michaels.

Located at 171 Market St in Collegeville, Pennsylvania, Providence Town Center is described as a destination-oriented retail center with an estimated 7.9 million visitors annually. The property also benefits from nearby office space estimated at approximately 1.6 million square feet across from the center, which helps support a strong daytime population.

With robust overall attendance and a stable lineup of national retailers, Providence Town Center offers an established platform for leasing within a large, grocery-anchored retail environment.

Key Highlights

  • Providence Town Center is a 759,945 SF open‑air shopping center anchored by Wegmans.
  • Developed in 2008–2009; Wegmans occupies 133,589 SF.
  • Major tenants include Best Buy, Dick’s Sporting Goods, LA Fitness, Movie Tavern, HomeGoods, Old Navy, and Michaels.

Property Analytics

Current Use

Soma Clothing & Fashion Store Jos A. Bank Clothing & Fashion Store Nirvana Float Gym & Fitness Center honeygrow Restaurant Amazing Lash Studio Hair Salon

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Food Market Cafe & Coffee Shop Grocery & Convenience Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

415
Businesses Nearby
522k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 21% Groceries 21% Shops & Services 19% Apparel 19%
Wegmans Groceries
93,297 visits/mo 0.1 miles
DICK'S Sporting Goods Apparel
43,017 visits/mo 0.1 miles
HomeGoods Home Improvements & Furnishings
35,092 visits/mo 0.1 miles
Five Below Shops & Services
31,602 visits/mo 0.2 miles
Best Buy Electronics
31,089 visits/mo 0.1 miles

Demographics for 19426, PA

43,541
Population
14,136
Households
3.1
Avg Household Size
40
Median Age
53%
College-Educated
93%
High-School Grad
34.0 sq mi
ZIP Area
1,281
Density / Sq Mi
$151,030
Median Household Income
$62,482
Median Earnings
$1,932
Median Rent
$471,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Wegmans-anchored open-air retail center with major national tenants and an established daytime draw from nearby office space.
Where is this shopping center located?
The property is located at 171 Market St Collegeville, PA.
What are key features of this property?
This property features: Providence Town Center is a 759,945 SF open‑air shopping center anchored by Wegmans.; Developed in 2008–2009; Wegmans occupies 133,589 SF.; Major tenants include Best Buy, Dick’s Sporting Goods, LA Fitness, Movie Tavern, HomeGoods, Old Navy, and Michaels.
(609) 755-0099 Call to check price and availability
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