500 Hawk Ridge DrHamburg, PA 19526

Property Details for 500 Hawk Ridge Dr

Year built

1988

Lot size

5.16 AC

Property size (Sq ft)

57,578 SF

Property type

Outlet malls

APN

4494-10-25-7779

APU

449410257779

Description

Hamburg Square, located at 500 Hawk Ridge Dr, Hamburg, PA 19526, offers a vibrant retail opportunity in a high-traffic location. This multi-tenant retail center boasts a total of 99,580 square feet, with one space currently available ranging from 1 to 56,780 square feet, providing flexibility for various business needs. The center enjoys a strong anchor tenant lineup including Redner's Warehouse Market and Chesaco RV, complemented by popular businesses like Anytime Fitness and Louee's, creating a diverse and attractive tenant mix. This ensures a consistent flow of customers, evidenced by an impressive customer visit frequency of 8.46 visits per customer. Strategically situated near major transportation arteries, including Route 61 and Interstate 78, and within close proximity to the bustling Route 61 shopping corridor, Hamburg Square benefits from exceptional accessibility and visibility. This prime location ensures maximum exposure to a large customer base, making it an ideal investment for businesses seeking a thriving retail environment in Central Pennsylvania. The property's high customer loyalty and convenient location combine to create a compelling opportunity for retailers seeking a successful and profitable venture. Contact us today to learn more about this exceptional retail space.

• CAP approach

  CAP return

  Valuation

  6%

  $13,064,132

  6.5%

  $12,059,198

  7%

  $11,197,827

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,125,936

  Geo Method

  $18,958,316

• Alternative Use

  Use

  Valuation

  Residential

  $10,172,385

  Hospitality

  $9,317,850

  Educational

  $7,752,342

  Medical

  $8,018,956

  Retail

  $12,059,198

Location Insight

City

Hamburg

County

Berks

State

Pennsylvania

Latitude

40.5436

Longitude

-75.9764

CBSA code

39740

CBSA name

READING, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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