3240 5Th Street Hwy Reading, PA 19605
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Ollie's Bargain Outlet / Discount Store
- Wingstop / Restaurant
Property Details for 3240 5Th Street Hwy
- Property type
- Specialty properties
- Property subtype
- Lifestyle centers
Description
Invest in a prime retail opportunity at Muhlenberg Shopping Center, a Class A, 132,851 square foot shopping center located at 3240 N 5th Street Hwy, Reading, PA 19605. This grocery-anchored center boasts a strong tenant mix including Ollie's, CitiTrends, Grocery Outlet, Sherwin Williams, Rent-A-Center, and Wingstop, among others. The property offers multiple spaces for lease, ranging from a minimum of 900 square feet to a maximum contiguous space of 12,517 square feet. Currently, 16,417 square feet is available. The owner is willing to subdivide the larger space to accommodate a qualified tenant. Smaller spaces are ideal for a variety of uses, including barber shops, hair salons, restaurants, or food delivery/takeout services. The property features ample parking with 300 spaces available for customers and employees. Situated on a 12.9-acre lot, the center benefits from its location on a major north-south traffic artery, N. 5th Street Highway, ensuring high visibility and accessibility. The surrounding area is densely populated with numerous national retailers, including Redner's, Dollar General, Dollar Tree, Harbor Freight, Aaron's, Big Lots, Planet Fitness, Boscov's, Target, PetSmart, Five Below, Ross Dress for Less, Burlington Coat Factory, and AMC Theatres, creating a robust and thriving commercial environment. This is an exceptional opportunity to establish or expand your business in a high-demand location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Reading
- County
- Berks
- State
- Pennsylvania
- Longitude
- -75.9282
- Latitude
- 40.3822
