Two-Tenant Retail
For Sale
Contact for pricing
1009-1029 Brooke Blvd, Reading, PA 19607
Retail property occupied by two established tenants under double-net leases with limited landlord obligations.
Property SizeContact for details
Days on Market145
Property Features for 1009-1029 Brooke Blvd
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE - Philadelphia Suburban
(484) 567-2340
Listed By:
Matthew Gorman · License #PA RS287470
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 5:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Philadelphia Suburban
Investment Insights
Based on property information with market context.
This 14,219-square-foot retail building contains two tenant areas and is located on Brooke Boulevard in Reading, Pennsylvania. One occupant leases 7,735 square feet, while the second occupies 6,484 square feet. Both businesses have operated at the property since 1995/1996, providing an established occupancy history.
The leases are structured as double net, with limited landlord responsibilities. Each tenant has 4.5 years remaining on its current term. One lease includes 2% annual increases, while the other provides a five-year renewal option and 3% annual increases. Recent roof work included complete replacement of two-fifths of the roof and recovery of the remaining three-fifths.
The property serves a densely populated trade area, with over 14,800 people within 1 mile, over 118,000 within 3 miles, and over 195,000 within 5 miles.
The leases are structured as double net, with limited landlord responsibilities. Each tenant has 4.5 years remaining on its current term. One lease includes 2% annual increases, while the other provides a five-year renewal option and 3% annual increases. Recent roof work included complete replacement of two-fifths of the roof and recovery of the remaining three-fifths.
The property serves a densely populated trade area, with over 14,800 people within 1 mile, over 118,000 within 3 miles, and over 195,000 within 5 miles.
Key Highlights
- 14,219‑square‑foot retail building with two tenant spaces
- 7,735‑square‑foot and 6,484‑square‑foot tenant areas
- Double‑net leases with limited landlord responsibilities
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
540
Businesses Nearby
Explore this area
Business Placement
Demographics for 19607, PA
23,431
Population
10,177
Households
2.3
Avg Household Size
42
Median Age
31%
College-Educated
94%
High-School Grad
11.2 sq mi
ZIP Area
2,092
Density / Sq Mi
$80,550
Median Household Income
$46,953
Median Earnings
$1,283
Median Rent
$210,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail property occupied by two established tenants under double-net leases with limited landlord obligations.
Where is this retail space located?
The property is located at 1009-1029 Brooke Blvd Reading, PA.
What are key features of this property?
This property features: 14,219‑square‑foot retail building with two tenant spaces; 7,735‑square‑foot and 6,484‑square‑foot tenant areas; Double‑net leases with limited landlord responsibilities
