8472 Allentown Pike

Property Details

Project Description

8472 Allentown Pike is a proposed redevelopment of an existing retail property located along Route 222 (24,000 CPD) in Blandon, PA, which is just north of Reading, PA. Along with the existing free-standing Dollar Tree, there are opportunities for a free-standing retail building with a drive thru, as well as a proposed 5,400 SF retail strip center. This site presents a great opportunity for any retailers to enter into a good retail market. Along with its great visibility along Route 222, this opportunity receives a high volume of daily traffic flow from the nearby retail in Reading, PA.

Location Description:

This proposed retail project is located in the growing Blandon market which is just outside of the Reading, PA market. Consumers can travel to nearby major markets such as Reading, as well as the Allentown/Bethlehem/Easton market in less than an hour of drive time. The Route 222 corridor offers traffic generating retail including major retailers such as Wal-Mart, Redner’s Warehouse Markets, Sam’s Club, Target, and many more.

Trade Area Description:

Adding to the stability of this project, 8472 Allentown Pike shows a 20-minute drive time demographic of over 326,779 people with household incomes of more than $74,078 and daytime employment demographics equally as strong with 157,970. The demographics within a 10-mile radius include 236,836 people in 88,094 homes, a labor force of 126,700 with an average household income of $67,739. The area’s growth has increased over 7.5% since 2000 with over 6,685 new homes.

Property Highlights

• Proposed redevelopment of an existing retail property.
• Opportunity for freestanding buildings next to Dollar Tree with a drive-thru, as well as a proposed 5,400 SF retail strip center.

Property Location: