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Retail

Dorneyville Shopping Center

Allentown, PA

101,651 SqFt

Built in 1961

Value Add

Investment Highlights

  • 86% occupied grocery anchored shopping center anchored by Aldi on a new 15-year lease
  • Highly desirable 3-mile demographic profile with 97,839 residents with average household incomes of $93,717, projected to increase by 15% to $108,475 by 2027 in one of the fastest growing submarkets
  • Located Immediately next to Dorney Park & Wild Water Kingdom amusement park which had 1.7M visitors over the past 12 months, up 36% year over year.
  • Strong lineup of destination restaurant, medical, fitness and service uses with a weighted average historical lease term of over 15 years

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