High-traffic Reading retail space; 5 units available
Lot size:
52,064 SF
Description
Added:
Dec 11, 2024
Days on Market:
391
Plaza 222, a prime retail strip center in Reading, Pennsylvania, presents a compelling investment opportunity. This 52,064 square foot property sits on a 6.65-acre lot and enjoys a highly visible location along North 5th Street, a major retail thoroughfare boasting 28,000 vehicles per day. The center's strategic position provides exceptional access to key roadways including Route 422 (81,000 VPD), Route 222 (37,000 VPD), and Route 61 (26,000 VPD), ensuring high visibility and convenient access for customers. Currently, there are five available spaces ranging from 1,300 to 6,000 square feet, catering to a variety of retail needs. In addition, a half-acre pad site is available for lease, offering further expansion potential. The property benefits from its proximity to numerous national retailers, including Target, Giant, Walmart, McDonald's, Five Below, and Michael's, creating a strong retail synergy and attracting significant foot traffic. With 16,300 square feet currently vacant, this presents a unique chance to establish or expand a business within a thriving retail environment. The property's size, location, and existing tenant mix make it an ideal investment for businesses seeking high visibility and strong customer traffic in a well-established retail corridor.
Property Features for 3229 5Th Street Hwy
General Information
Property type
Neighborhood centers
Lease Type
Gross Lease
RSF (Rentable sq. ft)
52,064 SF
Unit(s) available at that property
Space
8
Size
1,300 SF
Space
9
Size
3,000 SF
Space
10
Size
3,000 SF
Space
13
Size
3,000 SF
Space
3
Size
6,000 SF
HighLights
Retail strip center totaling 52,064 square feet.
16,300 square feet of vacant space available.
Six and sixty‑five hundredths (6.65) acres of land.
Five available spaces ranging from 1,300 to 6,000 square feet.
High‑traffic location on North 5th Street (28,000 VPD) with convenient access to major roadways (Routes 422, 222, and 61).
Excellent co‑tenancy with national retailers including Target, Giant, Walmart, and others.
Neighborhood center - High-traffic Reading retail space; 5 units available
Where is this neighborhood center located?
The property is located at 3229 5Th Street Hwy Reading, PA.
What are key features of this property?
This property features: Retail strip center totaling 52,064 square feet.; 16,300 square feet of vacant space available.; Six and sixty-five hundredths (6.65) acres of land.
Request Owner's contact information
3229 5Th Street Hwy Reading, PA 19605
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.
3229 5Th Street Hwy Reading, PA 19605
Message sent successfully
Error
Email to Your Friends
Message sent successfully
Error
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
3229 5Th Street Hwy Reading, PA 19605
More about this listing
3229 5Th Street Hwy, Reading, PA
Bradley Rohrbaugh
Contact Person
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Request price
3229 5Th Street Hwy, Reading, PA
Bradley Rohrbaugh
Contact Person
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Property Records & Analytics
3229 5Th Street Hwy, Reading, PA
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Request Owner's contact information
3229 5Th Street Hwy, Reading, PA
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Current Estimation by Request
3229 5Th Street Hwy, Reading, PA
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Send Message
to 3229 5Th Street Hwy Reading, PA 19605
3229 5Th Street Hwy, Reading, PA
Bradley Rohrbaugh
Contact Person
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Google sign-in failed. Please try again or use another login method.