REO | Penn Plaza Power Center Opportunity

For Sale

3045 North Fifth Street Highway, Reading, PA 19601

This Reading property for sale is located at 3045 North Fifth Street Highway. Contact the listing broker for details on the current sale price for REO | Penn Plaza Power Center Opportunity. REO | Penn Plaza Power Center Opportunity is situated on a lot that is 20.18 acre in size.

Contacts

broker

Doug Clark

RealINSIGHT Marketplace

Property Details

  • Property Type Retail
  • Property Size 179,629 SF
  • Lot Size 20.18 Acre
  • Additional Rent Contact for pricing
  • Date Updated Oct 11, 2024

Lease Up Vacancy:   Penn Plaza has three inline space vacancies 14,392 square feet and a 1,500 square foot outparcel (with drive-thru).

Subdivide and Monetize Outparcels:  The Property features four owned outparcels, three currently occupied by long term tenants – Monro Muffler, Fulton Bank and First National Bank. 

Mark up to Market Leases:  Inline tenant is paying below market rent presenting an opportunity to significantly increase the rent on this space through a negotiated extension or a new tenant. 

Auctioneer: Lamar P. Fisher

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 62/100

    Walk Score ®

  • 37/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Reading, PA
  • Zip Code 19601
  • Market Allentown Bethlehem

Points of Interest

  • Wawa

    0.57 miles

  • ChargePoint

    0.98 miles

  • Gulf

    1.01 miles

  • Sunoco

    1.47 miles

  • Sheetz

    1.61 miles

  • Turkey Hill Minuit Market

    1.70 miles

  • Lukoil

    2.17 miles

  • SSC Gasoline

    2.22 miles

  • Volta

    2.46 miles

  • Tesla Supercharger

    5.76 miles

  • Poplar and Walnut Garage

    1.81 miles

  • GoggleWorks Parking Lot

    1.81 miles

  • 7th and Washington Lot

    1.89 miles

  • Chiarelli Garage

    1.89 miles

  • Albert Boscov Plaza Garage

    1.91 miles

  • Reed and Court Garage

    1.93 miles

  • DoubleTree Garage

    1.94 miles

  • State Lot

    2.00 miles

  • Judy's On Cherry Parking Lot

    2.01 miles

  • 10th and Penn Lot

    2.01 miles

  • Williams Family Restaurant

    0.49 miles

  • Taco Bell

    0.72 miles

  • McDonald's

    0.99 miles

  • Infinito's Pizza Buffet

    1.08 miles

  • Applebee's

    1.18 miles

  • KFC

    1.22 miles

  • Bojangles'

    1.25 miles

  • Regal Buffet

    1.31 miles

  • Arby's

    1.39 miles

  • Subway

    1.41 miles

  • Boscov's

    1.03 miles

  • Redner's

    1.29 miles

  • Big Lots

    1.32 miles

  • Grocery Outlet

    1.34 miles

  • ALDI

    1.60 miles

  • The Shoppes at Wyomissing

    2.24 miles

  • Farmers Market of Wyomissing

    2.28 miles

  • Target

    2.36 miles

  • Giant

    2.48 miles

  • Aldi

    2.68 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Doug Clark

RealINSIGHT Marketplace