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Shopping Neighborhood

Village Square

45 Constitution Blvd, Kutztown, PA 19530

Listing Price: $5,720,000

Cap Rate
6.50%
Gross SF
39,391
Rentable SF
39,391
Price/Gross SF
$145.21
Lot Size
4.06 acres
Year Built
1996

Investment Overview

Irreplaceable Positioning with Immediate Access to Major Education Facilities • The site is well positioned in the submarket, less than one mile from Kutztown University, making this a go-to retail center for students & faculty Healthy Berks County Demographics with Stable Economic Drivers • Healthy Demos – Young Professional & Student Community with approximately 90K in population having an Average Household Income of $100K within a (10)-mile trade radius • Schools – Kutztown University of Pennsylvania (8K +/- Students) and Kutztown Area High School (450 +/- Students) are within (.5) miles from the Subject Site • Attractions – Less than (1) mile from the Kutztown Fairgrounds, a 30- Acre property features numerous buildings & venues that garner major local attractions including the Folk Festival, Kutztown Fair, & more

Investment Highlights

  • Opportunity to Purchase a 39,391 sq ft. Shopping Center proximal to Kutztown University of Pennsylvania
  • Value Add Opportunity through the Lease-Up of Vacancy
  • Situated on a 4.06 Acre Parcel adjacent to a Primary Retail Corridor (W Main Street) with over 8.5K Combined VPD
  • Proven Tenant Track Records as Demonstrated by Tenant Occupancy Terms
  • Minimal Deferred Maintenance as result of Ownership's Continuous CapEx Investments

Exclusively Listed By

Listing Price: $5,720,000

Cap Rate
6.50%
Gross SF
39,391
Rentable SF
39,391
Price/Gross SF
$145.21
Lot Size
4.06 acres
Year Built
1996

Investment Highlights

  • Opportunity to Purchase a 39,391 sq ft. Shopping Center proximal to Kutztown University of Pennsylvania
  • Value Add Opportunity through the Lease-Up of Vacancy
  • Situated on a 4.06 Acre Parcel adjacent to a Primary Retail Corridor (W Main Street) with over 8.5K Combined VPD
  • Proven Tenant Track Records as Demonstrated by Tenant Occupancy Terms
  • Minimal Deferred Maintenance as result of Ownership's Continuous CapEx Investments

Investment Overview

Irreplaceable Positioning with Immediate Access to Major Education Facilities • The site is well positioned in the submarket, less than one mile from Kutztown University, making this a go-to retail center for students & faculty Healthy Berks County Demographics with Stable Economic Drivers • Healthy Demos – Young Professional & Student Community with approximately 90K in population having an Average Household Income of $100K within a (10)-mile trade radius • Schools – Kutztown University of Pennsylvania (8K +/- Students) and Kutztown Area High School (450 +/- Students) are within (.5) miles from the Subject Site • Attractions – Less than (1) mile from the Kutztown Fairgrounds, a 30- Acre property features numerous buildings & venues that garner major local attractions including the Folk Festival, Kutztown Fair, & more

Exclusively Listed By

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