Listing Agency: Equity CRE d***@equityretailbrokers.com Show Phone

Listed By: David Goodman · License #RS315630

Source: Moodyscre

Added: Jan 10, 2024 Changed: Jul 10 Last Checked: Jul 21 at 5:07AM

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Investment Insights

Based on property information with market context.

This retail space is located in a modern neighborhood center built in 2010, situated in the heart of Sinking Spring. The Spring Market Shopping Center serves Sinking Spring and surrounding communities, including West Lawn, Wyomissing, and Whitfield. Current tenants include Lidl, Family Dollar, and Five Guys. A 7 Brew premium coffee shop with drive-thru is now open. Outparcels are available for sale or lease. The available retail space is 1040 square feet.

Key Highlights

• Anchored by Lidl, Family Dollar, and Five Guys.
• Includes a 7 Brew drive‑thru.
• Located in the heart of Sinking Spring.

Property Analytics

Property Profile

Current Use

Family Dollar Discount Store All-Stars Barber Shop Dream Garden Chinese ... Restaurant Spring Market Shopping Center & Mall Lidl Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Dental Office Law Firm Big Box & Wholesale Store

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

464

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

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 - Retail space available in a modern neighborhood shopping center.

Where is this shopping center located?

The property is located at 3564 Penn Ave Reading, PA.

What are key features of this property?

This property features: Anchored by Lidl, Family Dollar, and Five Guys.; Includes a 7 Brew drive‑thru.; Located in the heart of Sinking Spring.