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2300 N 5th St 21,000 SF 98% Leased Flex Building Muhlenberg Township, PA 19605 $1,615,000 ($76.90/SF) 8.92% Cap Rate
Executive Summary
Marcus & Millichap is pleased to exclusively offer 2300 N 5th Street Highway, a multi-tenant commercial/flex property positioned
along one of Berks County’s most active and established commercial corridors. The asset offers stable, diversified income supported by
a well-balanced tenant mix and sustained market demand from service, trade, and light-industrial users. The property is anchored by
Johnstone Supply, a nationally recognized HVAC/R distributor with approximately $4.5 billion in annual sales, providing strong credit
quality and consistent customer traffic. Strategically located directly off U.S. Route 222, the site benefits from excellent visibility,
strong traffic counts, and efficient access throughout the greater Reading region, reinforcing its long-term appeal.
INVESTMENT HIGHLIGHTS
Multi-Tenant Commercial/Flex Property Located in Reading, Pennsylvania
Anchored by Johnstone Supply with Approximately $2 Billion in Annual Sales
Diversified Tenant Mix Supporting Stable Income
Located Along One of Berks County’s Most Active Commercial Corridors
Direct Access to U.S. Route 222 Providing Excellent Connectivity
Strong Visibility and Traffic Exposure
Flexible Layout Supporting Service, Trade, and Light-Industrial Uses
Stable Cash Flow Backed by National and Local Tenancy
along one of Berks County’s most active and established commercial corridors. The asset offers stable, diversified income supported by
a well-balanced tenant mix and sustained market demand from service, trade, and light-industrial users. The property is anchored by
Johnstone Supply, a nationally recognized HVAC/R distributor with approximately $4.5 billion in annual sales, providing strong credit
quality and consistent customer traffic. Strategically located directly off U.S. Route 222, the site benefits from excellent visibility,
strong traffic counts, and efficient access throughout the greater Reading region, reinforcing its long-term appeal.
INVESTMENT HIGHLIGHTS
Multi-Tenant Commercial/Flex Property Located in Reading, Pennsylvania
Anchored by Johnstone Supply with Approximately $2 Billion in Annual Sales
Diversified Tenant Mix Supporting Stable Income
Located Along One of Berks County’s Most Active Commercial Corridors
Direct Access to U.S. Route 222 Providing Excellent Connectivity
Strong Visibility and Traffic Exposure
Flexible Layout Supporting Service, Trade, and Light-Industrial Uses
Stable Cash Flow Backed by National and Local Tenancy
Property Facts
Amenities
- Security System
- Signage
- Wheelchair Accessible
- Yard
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 66-5308-16-72-6772 | Improvements Assessment | $249,000 |
| Land Assessment | $335,800 | Total Assessment | $584,800 |
Property Taxes
Parcel Number
66-5308-16-72-6772
Land Assessment
$335,800
Improvements Assessment
$249,000
Total Assessment
$584,800
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