516-850-6962
51 Spring Valley Rd, Reading, PA for Sale
Warehouse - FOR SALE
1/5
null | Request Cap Rate

51 Spring Valley Rd
Reading, PA 19605
Outer Muhlenberg Township


HIGHLIGHTS

  • Leading Manufacturer of Pretzel Snack Foods - Savor Street Foods, the Tenant, is a leading manufacturer of pretzel and snack foods.
  • Mission-Critical Location with Heavy Tenant Investment - The subject property is a strategic manufacturing and distribution center for the company.
  • Below-Market Rents in Top Industrial Metro Area - The subject property provides convenient access to Philadelphia’s main thoroughfares.
  • Low Maintenance Investment - Tenant will execute a new, 15-year triple-net (NNN) lease that includes annual rent escalators of 2.0%.

OVERVIEW

Tenant will be executing a brand new, 15-year absolute triple-net (NNN) lease with the tenant fully responsible for building structure, maintenance, insurance, taxes, and all other operating expenses, providing the landlord with a low-maintenance investment opportunity. The lease will also include annual rent escalators of 2.00%. Contact listing broker for more information.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Food Processing, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

9

DRIVE INS

-

PARKING SPACES

51

LAND DETAILS

LAND ACRES

7.68

LAND SF

334,541

ZONING

I-2 – Heavy Industrial

APN/PARCEL ID

66-5318-13-04-7892

ASK ABOUT THIS PROPERTY

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516-850-6962

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Chelsea MandelAscension AdvisoryMore Info
516-850-6962

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