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    OFF-MARKET
    Retail properties & Spaces

    1895 New Holland Rd, Reading, PA 19607

    161,424 SF
    Property ID
    Property summary
    AI-generated overview

    Kenhorst Plaza, a thriving community shopping center in Kenhorst, PA, offers exceptional retail space for lease. This 161,424 square foot center is strategically located at the high-traffic corner of Philadelphia Avenue and New Holland Road, boasting daily traffic counts of 15,000 and 8,000 vehicles, respectively. The center is anchored by a successful Redner's grocery store, further supported by strong tenants including Dollar Tree, Retro Fitness, Hounds Town, and Dairy Queen. Multiple spaces are available, ranging from a minimum of 1,000 square feet to a maximum contiguous space of 3,780 square feet. The property features a total of 671 parking spaces, ensuring ample convenience for customers. With a 19.18-acre lot size and excellent visibility, Kenhorst Plaza benefits from strong area demographics, serving a population of over 91,000 people within a three-mile radius. This presents a unique opportunity for businesses seeking a prime retail location in a vibrant and established community within Berks County. The property consists of three total suites. Currently, 5,900 square feet of space is vacant.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 161,424 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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