Village Square Shopping Center
Retail | 34,606 SqFt
Marketing description
Avison Young, as exclusive agent, is pleased to offer for sale Village Square, a premier unanchored shopping center at 90 Commerce Drive in Wyomissing, Pennsylvania. This 34,606 square feet (sf) retail center offers a rare opportunity to acquire a stabilized, high-visibility asset with strong in-place income, long-term leases, and upside potential through future renewals and rent escalations. Recent capital upgrades further enhance performance and operational strength.
Village Square consists of three buildings with a strategic merchandising plan and a diversified tenant mix, including Duck Donuts, the US Marines, Stretch Zone, and a three-lane drive-thru Citizens Bank. Its e-commerce-resilient categories including food & beverage, health & wellness, personal services, and specialty retail, drive steady traffic and cross-shopping synergy. Investors can also add value by leasing the final available space.
Strategically located at Commerce Drive and Keiser Boulevard, the property offers excellent visibility, ample parking, and convenient access to local roads and Route 222. Nearby retailers include Target, Marshalls, Barnes & Noble, Chick-Fil-A, and Honeygrow. The center benefits from its proximity to major employers and institutions such as Tower Health, Penn State Health, and several corporate campuses, driving consistent weekday and weekend traffic.
Situated in the heart of Wyomissing (Spring Township), Pennsylvania, a growing and affluent community in Berks County, Village Square benefits from strong demographics, with average household incomes exceeding $100,000 within three miles. The area continues to attract high-income residents drawn by top-tier schools and quality of life, supporting sustained retail demand. The proposed extension of SEPTA’s Schuylkill River Rail line, with a potential nearby stop, is slated to further increase the center’s regional draw.
Investment highlights
Stabilized Asset with Upside: 94% Leased to a dynamic tenant mix of national and regional retailers (16 total tenants, 44% of tenant mix occupied by national brands)
Hard, Signalized Corner Location with Multiple Points of Ingress/Egress: Located at the intersection of Commerce Drive and Keiser Boulevard
Easily Accessible to Major Highways: In close proximity to US Routes 422, 222, 12, 61, and 724
Avg HH Income: $93,255 within a 3-mile radius
Centrally Located Center: Positioned in the heart of the thriving community of Wyomissing (5 miles from FirstEnergy Stadium, home of the Fightin Phils), situated near Berkshire Mall, the Shoppes at Wyomissing, and city of Reading)
Higher than Average Visitor Statistics: Center’s tenants benefit from ~115K unique patrons per annum (with shoppers’ average dwell time exceeding 30 minutes)
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