17 Meridian blvd - Retail FOR SALE


Reading, PA 19610
$5,925,000 USD
203-887-8797
17 Meridian blvd, Reading, PA for Sale
$5,925,000 USD
Retail - FOR SALE
1/2
null | 7.2% Cap Rate

17 Meridian blvd
Reading, PA 19610


HIGHLIGHTS

  • Brand New 2025 Construction
  • Limited Landlord Responsibilities
  • Strong Rental Increases

OVERVIEW

Surmount is pleased to present the exclusive listing for a Learning Experience located at 17 Meridian Blvd, Wyomissing, PA 19610. The site consists of roughly 10,800 rentable square feet of building space on an estimated 1.09-acre parcel of land. This Learning Experience is subject to a 20 Years-year Double Net (NN) lease, which will commence on 8/15/2025. The current annual rent is $426,600 and has scheduled increases of 10.00% every 5 years.

FOR SALE DETAILS

PRICE

$5,925,000 USD

PRICE/SF

$549 USD /SF

CAP RATE

7.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Learning Experience

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Anthony D'AmbrosiaNNN Pro GroupMore Info
203-887-8797

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Anthony D'AmbrosiaNNN Pro GroupMore Info
203-887-8797

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.