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This exceptional retail property, located at 3401 Plaza Dr in Reading, Pennsylvania, presents a unique investment opportunity. The single-story, 22,356 square foot building, constructed in 1989 and renovated in 2005, currently houses a Pep Boys operation under a long-term ground lease. A significant portion of the building, totaling 14,815 square feet, is currently vacant and available for lease. The existing Pep Boys tenant continues its tire and auto repair operations within the building. The vacant space, ranging from approximately 3,200 to 11,500 square feet, is ideally suited for a variety of uses. Potential tenants could include medical facilities (dialysis or plasma centers), daycare centers (for children or pets), discount retailers, furniture stores, tool and hardware retailers, or automotive-related businesses that do not directly compete with the existing Pep Boys services, such as collision repair centers, auto glass shops, or specialized auto parts retailers. Negotiable cash allowances are available for suitable tenants, contingent upon a rent structure that ensures a fair return on investment for property improvements. The property is situated in Berks County, Pennsylvania, and offers excellent visibility and accessibility within a high-traffic area. This presents a compelling opportunity for investors seeking a strong return in a desirable location.
Highlights
Highly visible from all directions.
Ample parking.
Located near national retailers.
Flexible space sizes available (3,200 - 11,500 SF).
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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