1150 Berkshire Blvd Listing Details & Market Data

Situated in the Heart of Wyomissing along Berkshire Blvd. Financial & Medical Tenant Mix. Easy Access to Restaurants, Shopping, and Hotel Accommodations. Visit naikeystone.com for accurate listing info.Property tours are available by appointment ONLY. Please contact Bryan Cole (610-370-8502 or [email protected]) or John Buccinno (610-370-8508 or [email protected]) to schedule. Investment Highlights: 26,707 SF 2-story office building in Wyomissing, PA 89.83% occupied by 12 tenants with average rents of approximately $20.17 PSF Value-add opportunity through the lease-up of available space Conveniently located near major roadways, RTEs 222 & 422, and Reading Regional Airport Situated in the center of the largest commercial concentration of office & retail properties in CountyInvestment Overview: 1150 Berkshire Boulevard (the "Property") is a 26,707 SF 2-story office building located in Wyomissing, PA.The Property, built in 1987, is currently 89.83% occupied by 12 tenants, with an average rent of approximately $20.17 PSF. The building has experienced long-term stability with the existing in-place tenants, and has upside to lease the remaining vacancy. A new roof installed in 2015 with a warranty until 2035 means this capital expenditure has already been made. Rental rate increases in the existing leases ensure growing Net Operating Income in the future.NAI Keystone is pleased to offer a Class A office building for Lease along Berkshire Blvd., in Wyomissing PA. The site currently is home to various institutional grade tenants. There is only one suite remaining, all offerings are on a Full Service basis which includes Janitorial and CAM. Visit naikeystone.com for accurate listing info.