Water Tower Square in Lansdale has been listed for sale. As a result, another major grocery-anchored retail center is being brought to market in Montgomery County.

The shopping center spans approximately 269,000 square feet. In addition, the property is anchored by nationally recognized tenants across several high-performing retail categories.

Current anchors include The Home Depot, Sprouts Farmers Market, and Planet Fitness. Consequently, the tenant mix provides exposure to the home improvement, grocery, and fitness sectors.

The property is located at 751 Horsham Road near the intersection of routes 202, 309, and 463. Because of this, the center benefits from strong regional visibility and traffic flow.

Water Tower Square also sits directly across from another major retail concentration. Five Points Plaza, anchored by BJ’s Wholesale Club and Lowe’s, is positioned immediately west of the site. As a result, the corridor continues attracting strong consumer traffic.

Blue Bell-based Goldenberg Group developed the property and has owned the center since 1992. Over time, the asset has remained a prominent retail destination within the Lansdale market.

Investor demand for grocery-anchored shopping centers has remained strong in recent years. Meanwhile, centers with essential retail tenants continue outperforming many traditional retail formats.

Given its location, anchor lineup, and long-term ownership history, Water Tower Square enters the market as a well-established retail asset.