Colliers is pleased to present a big-box redevelopment opportunity in the bustling Media, PA area! Available for lease is an 181,351 SF former Sears property and a +/- 28,000 former Sears Auto Center, located at 1067 W. Baltimore Pike. Situated just 28 minutes away from Downtown Philadelphia, 30 minutes from the heavily trafficked King of Prussia Mall, and 35 minutes from Temple University, Media PA is known as "everybody's hometown," combining small-town charm with a dynamic retail landscape. Media is a cultural and retail hub, offering a vibrant mix of shopping and entertainment options and attracting a diverse range of consumers.
This property is attached to the Promenade at Granite Run, which currently serves as a mixed-use development site. The property consists of +/- 830,000 SF of retail, restaurants, and entertainment, accumulating almost 190,000 monthly visitors. Nearby retailers include the following: Kohl's, Citizen's Bank, Wawa, Acme, Five Below, TJ Maxx, At Home, Boscov's, McDonald's, Ollie's Bargain Outlet, Panera, Five Guys, and more!
Property Specs:
- SF: 181,351 SF
- # of stories: 2
- Tax Parcel #: 27-00-00041-00
- Zoning: MCO (Mall Conversion Overlay), offering greater flexibility in land use and the transformation of mall properties into mixed-use developments, residential units, office spaces, entertainment venues, etc
- Acreage: 16.61 acres
- Premises Type: Open Air Center
7-Mile Radius Demographics:
- Number of Households: 105,253
- Average Household Income: $93,224
- Population: 252,092
Mark Anderson
Colliers
