Shrewsbury Commons

Property Details

Project Description

Shrewsbury Commons is a 295,821 square-foot anchored retail shopping center centrally located in Shrewsbury, Pennsylvania, situated at a signalized intersection along Mt. Airy Road (Route 841) and East Forrest Avenue. The center is anchored by a Walmart Supercenter, with other leading, national retailers such as Pet Supplies Plus, Dollar Tree, Verizon and Anytime Fitness, just to name a few. With its traffic generating tenant lineup, this project is the primary shopping destination in the Shrewsbury market, as well as the surrounding trade areas. Because of its Walmart Supercenter anchor, this project caters to consumers from over 10 miles away in each direction.

Location Description:

Shrewsbury Commons is strategically positioned with significant front in the market’s primary retail corridor along East Forrest Avenue. The center benefits from the high-volume traffic flow of East Forrest Avenue (19,000 CPD) and Mt. Airy Road. East Forrest Avenue acts as the area’s focal point for retail and provides customers access to I-83 (30,000 CPD), which is the main North/South roadway in the area. With the high concentration of traffic driven by the anchor tenants located within Shrewsbury Commons, and the surrounding retail, the center pulls from the immediate trade area, as well as the surrounding smaller markets as well.

Trade Area Description:

Adding to the stability of the project, Shrewsbury Commons shows a 20-minute drive time demographic of over 95,045people with household incomes of more than $121,928 and daytime employment demographics equally as strong with 32,819. The demographics within a 10-mile radius include 93,430 people in 36,280 homes, a labor force of 22,579 with an average household income of $124,791. The area’s growth since 2000 has increased over 14.7% with 5,071 new homes.

Property Location: