3045 5th St Hwy Reading, PA 19605-2563
- Outlet malls
- 107,622 SF
- 19.15 lot acres
Dec 06, 2024
Current Use by Public Records
- Jetro Restaurant Depot / Grocery Store
- Restaurant Depot / Wholesale Food Store / Wholesale Grocer
- OppShop / Thrift Store
- La Eterna Primavera / Ice Cream Shop
- Penn Plaza / Shopping Mall
Property Details for 3045 5th St Hwy
- Year built
- 1972
- Lot size
- 19.15 lot acres
- Property size
- 107,622 SF
- Property type
- Outlet malls
- APN
- 5308-12-86-2670
- APU
- 530812862670
Description
Penn Plaza Shopping Center in Muhlenberg, PA, offers a prime retail opportunity within a 178,389 square foot strip center. Located on PA Route 222, this high-traffic location boasts approximately 20,000 vehicles per day, ensuring excellent visibility for your business. Three spaces are currently available, ranging from 2,949 to 7,363 square feet, providing flexibility for various retail concepts. The center benefits from a strong existing tenant mix including national brands like Sally Beauty Supply, Dollar Tree, and Premier Rentals. Further enhancing the center's appeal are two upcoming anchor stores: Restaurant Depot (opening late March 2024) and Nova Trampoline Park (opening in 2024). This strategic location is conveniently situated 50 miles northwest of Philadelphia and 27 miles southwest of Allentown, providing access to a large customer base in Berks County. With 18,250 square feet currently vacant, this is an exceptional chance to establish or expand your business in a thriving retail environment. The property's substantial size and prime location offer unparalleled potential for growth and success. This is a unique opportunity to become part of a dynamic and expanding retail destination. Contact us to learn more about the available spaces and leasing options.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Reading
- County
- Berks
- State
- Pennsylvania
- Longitude
- -75.9253
- Latitude
- 40.3804
- CBSA code
- 39740
- CBSA name
- READING, PA METROPOLITAN STATISTICAL AREA