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26691291
26691292

90 Commerce Dr, Wyomissing, PA 19610 For Sale

JP
TN 348249
Avison Young - Nashville
SC
NY 10401264759
Avison Young - New York
Listed by Avison Young - Nashville, Avison Young - New York
Unpriced
326 days on market
Updated 152 days ago

Village Square Shopping Center

Details
APN 80439713035604
Property Type Retail
Sub Type Shopping Center
Square Footage 34,606
Lease Type NNN
Year Built 1997
Buildings 3
Acreage 5.000
Investment Type Stabilized

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)

Listing Contacts

JP
TN 348249
Avison Young - Nashville
SC
NY 10401264759
Avison Young - New York
Listed by Avison Young - Nashville, Avison Young - New York

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Additional Information

Name
Adam Gillespie
License
PA RS293296
Brokerage
Avison Young
Brokerage Phone
610.276.1080
Title
Broker of Record
Brokerage Address
300 Barr Harbor Drive, Suite 150, West Conshohocken, PA 19428 US
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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