1895 New Holland Rd, Reading, PA 19607
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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