3030 Kutztown RdReading, PA 19605

For Sale
$6,900,000

105,000 SF Industrial Building, High ROI

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment opportunity presents a substantial industrial facility situated on a generous 8.33-acre lot in Muhlenberg Township, Reading, PA. The property, located at 3030 Kutztown Road, boasts a total of 105,000 square feet, encompassing 80,000 square feet of warehouse space and 25,000 square feet of office space. The building is zoned LI and features seven loading docks and ample parking for 140 vehicles. Currently, a significant portion of the property is occupied by Gai-Tronics under a lease agreement with two five-year renewal options, the first of which has already been exercised. The current lease extends to April 30, 2030. Gai-Tronics recently expanded their occupancy by 10,000 square feet and completed substantial upgrades to their 85,000 square foot space. This demonstrates a strong commitment to the property and its location. Approximately 20,000 square feet of space remains available for lease, offering immediate income potential. This vacant space includes office areas, restrooms, a break room, and one dock, all with 24-foot-high ceilings. The property generates annual rental income exceeding $520,000. This well-maintained facility presents a compelling investment opportunity with significant upside potential due to the existing lease and the readily leasable vacant space. The asking price for this high-performing asset is $6,900,000.

Property Details for 3030 Kutztown Rd

Property type
Industrial properties, Other industrial properties
Square Feet
105,000 SF
Year Built
1980
Lot Size (sq. ft)
362,855 SF

Location Insight

City
Reading
County
Berks
State
Pennsylvania
Latitude
40.38098
Longitude
-75.92221
3030 Kutztown Rd, Reading, Pennsylvania

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3030 Kutztown Rd
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