North Reading Plaza

Property Details

Project Description

North Reading Plaza, a 407,000-square foot Walmart anchored retail shopping center located in Reading, Pennsylvania at a signalized intersection along Allentown Pike (19,000 CPD) just 28 miles Northeast of Lancaster, PA., 32 miles West of King of Prussia, PA., and 48 miles from Center City Philadelphia. The center is anchored by one of the nation’s dominant retailers, Walmart. North Reading Plaza is also home to other leading retailers such as Unclaimed Freight, Dollar Tree, and GameStop to name a few.

Location Description:

North Reading Plaza is strategically positioned with significant frontage along one of the market’s primary retail corridors along Allentown Pike. The center benefits from the high-volume traffic flow of Allentown Pike and its signalized intersections. With the convenience of the project’s location, it has a draw that extends more than 5 miles, which attracts a vast customer base. With its ideal location, the project services not only the immediate trade area, but surrounding market points as well.

Trade Area Description:

Adding to the stability of the project, North Reading Plaza shows a 20-minute drive time demographic of over 331,948 people with household incomes more than $74,240 and daytime employment demographics equally as strong with 161,553. The demographics within a 10-mile radius include 282,610 people in 106,931 homes, a labor force of 139,072 with an average household income of $72,392. The areas growth since 2000 has increased over 9.5% with over 10,198 new homes.

Property Location: