1020-1022 James Dr - Medical FOR SALE
Leesport, PA 19533 |
$1,875,000 USD
215-568-2600
1020-1022 James Dr
Leesport, PA 19533
HIGHLIGHTS
- Four-tenant, two-building office investment opportunity located in the heart of Reading, PA located off of Bernville Road (23,377 VPD)
- Boasting a robust operational history, tenants have demonstrated enduring commitment to the site, with each renewing their lease for an additional 3 y
- Significant under market rents, immediate value-add for a new owner to align with market rates
- Professionally managed building with little to no financial burden on the owner for maintenance and upkeep
- Conveniently situated - merely 2 miles west of the property is the Reading Hospital and downtown reading. The site offers strategic proximity to esse
- The property is strategically positioned off of route 222 which connects northeast PA with the PA turnpike and bypasses reading to the west which form
FOR SALE DETAILS
PRICE
$1,875,000 USD
PRICE/SF
$130 USD /SF
CAP RATE
7.65%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
100
LAND DETAILS
LAND ACRES
2.03 AC
LAND SF
88,427 SF
ZONING
C
APN/PARCEL ID
27-4389-04-80-0265
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215-568-2600
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215-568-2600
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