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Property profile

1895 New Holland Rd Reading, PA 19607

OFF-MARKET
Retail properties & Spaces
161,242 SF
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Property summary

AI-generated overview

Kenhorst Plaza offers exceptional retail space in Reading, Pennsylvania. This 161,242 square-foot shopping center is strategically located at the signalized intersection of New Holland Road and Route 724, boasting high daily traffic counts (15,000 vehicles). The center features a strong anchor tenant, Redner's Warehouse Market, and a diverse mix of national, regional, and local co-tenants including Dollar Tree, Retro Fitness, and Fine Wines and Good Spirits. Multiple spaces are available, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 3,780 square feet. A total of 10,950 square feet of vacant space is currently available for lease. The property sits on a substantial 19.18-acre lot in Berks County, providing ample parking and visibility. This prime location and tenant mix create a high-traffic environment ideal for a variety of retail businesses. The property's size and configuration offer flexibility for businesses seeking various square footage needs. This is a unique opportunity to establish a presence in a thriving retail center with strong anchor tenants and high visibility. Contact us today to learn more about leasing opportunities at Kenhorst Plaza.

Property profile

Verified
Property type Retail properties & Spaces
Total area 161,242 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1895 New Holland Rd Reading, PA 19607
Reading metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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