Building Details

Buildings 1

Stories 2

Building Size 43,038 SF

Listing Agency: NAI Keystone Commercial & Industrial, LLC Show Phone

Listed By: Kevin Wolfe · License #RS358185 Show Phone

Source: Moodyscre

Added: Aug 11 Changed: Sep 11 Last Checked: Oct 5 at 7:20PM

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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 NAI Keystone Commercial & Industrial, LLC

Investment Insights

Based on property information with market context.

This flex property combines fully fitted office, retail, and warehouse areas across two floors. The configuration includes a dedicated shipping station, one loading dock, a freight elevator, and one surface-level door, supporting light distribution operations. The property previously served as headquarters for Fromuth Racquet Sports.

Located off State Hill Road, a major artery in Berks County, the property is positioned in Spring Twp. and carries Planned Business / Office zoning. The mix of office, retail, warehouse, and shipping features provides a varied commercial configuration within a single building.

Key Highlights

• Two‑story flex property with fitted office, retail, and warehouse areas
• Dedicated shipping station for distribution operations
• 1 loading dock and 1 surface level door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$360,767

Cap Rate

8.39%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$7,215,340 $7.2M

Cap Rate 7%

$5,153,814 $5.2M

Cap Rate 9%

$4,008,522 $4.0M

Market Conditions

NOI Build-Up for 43,058 SF

Gross rent

$558.0K $12.96/SF

− Vacancy

−$77.0K −$1.79/SF

EGI

$481.0K $11.17/SF

− OpEx

−$120.3K −$2.79/SF

NOI

$360.8K $8.38/SF

Area

Berks County, PA

Vacancy

13.80%

Lease Rate

$12.96 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$7,215,340

Cap Rate 7%

$5,153,814

Cap Rate 9%

$4,008,522

Alternative Uses

Best Use

Retail

$6.24M

$5.46M – $7.28M (±1% cap)

NOI $436,585 @ 7.0% cap · market cap 10.15%

Second Best

Office B

$5.15M

$4.51M – $6.01M (±1% cap)

NOI $360,767 @ 7.0% cap · market cap 8.39%

Theoretical Best

Office A

$7.07M

$6.18M – $8.25M (±1% cap)

NOI $494,788 @ 7.0% cap · market cap 11.51%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Hair Salon Restaurant Building Supply Nail Salon Spa & Massage Center Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1

Dock-high doors

1

Drive-in doors

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

365

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 19609, PA

10,478

Population

4,291

Households

2.4

Avg Household Size

40

Median Age

37%

College-Educated

93%

High-School Grad

2.3 sq mi

ZIP Area

4,556

Density / Sq Mi

$80,748

Median Household Income

$45,859

Median Earnings

$1,307

Median Rent

$222,000

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Office, retail, and warehouse components support light distribution with dedicated shipping functionality.

Where is this flex space located?

The property is located at 1100 Rocky Rd Reading, PA.

What is the asking price?

The asking price for this property is $4,300,000.

What are key features of this property?

This property features: Two‑story flex property with fitted office, retail, and warehouse areas; Dedicated shipping station for distribution operations; 1 loading dock and 1 surface level door