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3405-3415 N 5th Street Hwy
Reading, PA 19605
Muhlenberg Square Shopping Plaza · Retail Property For Sale
Investment Highlights
- 100% occupied shopping center located in the heart of a major commercial corridor in Reading, PA
- Strong operating history with 4 of the 5 tenants in place for nearly 20 years, reflecting tenant commitment and long-term performance
- Situated at the high-traffic intersection of Route 222 (25,811 VPD) and E. Bellevue Avenue (9,116 VPD), the primary retail corridor in reading connect
- Anchored by Goodwill, Advance Auto Parts (NYSE: AAP), and Aaron’s (NYSE: AAN), all with below-market rents and strong occupancy, providing long-term i
- Anchor tenant WALT is approximately 5.5 years, representing about 70% of the in-place rent
- Surrounded by approximately 3 million square feet of retail within a 3-mile radius, establishing the area as a dominant retail node with a significant
Property Facts
Property Type
Retail
Building Size
49,191 SF
Building Class
C
Year Built
1996
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
3.28 AC
Parking
160 Spaces (3.48 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 66-5308-08-78-8642 | Improvements Assessment | $1,890,600 |
| Land Assessment | $819,200 | Total Assessment | $2,709,800 |
Property Taxes
Parcel Number
66-5308-08-78-8642
Land Assessment
$819,200
Improvements Assessment
$1,890,600
Total Assessment
$2,709,800
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