3045 5Th Street HwyReading, PA 19605

This 179,629 square foot Class B shopping center in Reading, PA, presents a compelling value-add opportunity. Located on N. 5th Avenue Hwy (Business Highway 222), this one-story center boasts 91.2% occupancy as of September 30, 2024, anchored by a recently renovated building housing Restaurant Depot and Nova Trampoline under new long-term leases. The property also includes a multi-tenant inline building featuring a high-performing Dollar Tree, and four outparcels. A diverse tenant roster includes national, regional, and local businesses. The property sits on 20.18 acres and benefits from a highly trafficked location, strong shadow anchors including Burlington, dense infill demographics, a signalized main entrance, and multiple access points. Built in 1972 and extensively renovated in 2023-2024, this retail center offers significant upside potential in a stable Central Pennsylvania market. The property's strong tenant base and prime location make it an attractive investment for those seeking a well-positioned retail asset with growth opportunities. This is a rare opportunity to acquire a well-established retail center with a proven track record and significant potential for future appreciation.