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- LoopNet Team
2136 N 13th St
Reading, PA 19604
Elite Sportswear Bldg · Industrial Property For Sale
PROPERTY FACTS
UTILITIES
- Lighting - Metal Halide
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
ABOUT 2136 N 13TH ST , READING, PA 19604
At 100% occupancy, the building has experienced decade’s long stability with the in-place tenants and zero vacancy. A new Carlisle EPDM roof was installed in 2017 with a 20-year warranty which assures no major capital would be required for this purpose. The triple net leases escalate annually tied to the C.P.I. which is a strong hedge in the event of an inflationary period. The major tenant is in place at a rental rate that is half that of other local tenants in similar businesses. In the unlikely event a new tenant would be required, the opportunity for additional upside is real. The massive electrical infrastructure would be very desirable for local plastics companies among others.
PROPERTY TAXES
| Parcel Number | 66-5318-13-12-7687 | Improvements Assessment | $2,965,400 |
| Land Assessment | $285,100 | Total Assessment | $3,250,500 |
PROPERTY TAXES
