Downtown Reading Office/Retail
For Lease
Contact for pricing
450 Penn St, Reading, PA 19602
Prime office/retail space in downtown Reading's CRIZ district.
Space Size15,000 SF - 30,000 SF
Property Size84,283 SF
Days on Market139
Property Features for 450 Penn St
General Information
Standard status
Active
Size
15,000 SF - 30,000 SF
Class
B
Property subtype
Office
Building Details
Building Size
84,283 SF
Year Built
2005
Spaces For Lease
at 450 Penn St Contact us- Size
- 15,000 SF
- Type
- Office Building
- Term
- Negotiable
- Rate
- Contact for pricing
1st
- Size
- 30,000 SF
- Type
- Office Building
- Term
- Negotiable
- Rate
- Contact for pricing
2nd
- Size
- 30,000 SF
- Type
- Office Building
- Term
- Negotiable
- Rate
- Contact for pricing
3rd
Listing Agency:
(610) 370-8508
Listed By:
John Buccinno, SIOR CCIM
Source:
Naikeystone
Added: Apr 8
Changed: Aug 8
Last Checked: Aug 24 at 5:08AM
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 John Buccinno, SIOR CCIM
Investment Insights
Based on property information with market context.
This property, formerly a Santander Call Center, is a prominent building located in downtown Reading. It features an attractive architectural design and good curb appeal, enhanced by wide pedestrian sidewalks in front of the main doors. The building includes an attractive lobby, common restrooms, and a multi-car elevator bank. The first floor space is suitable for division and can accommodate either retail or office use. The property is located in the Reading CRIZ district.
Key Highlights
- Located in the Reading CRIZ district offering potential tax benefits/incentives.
- Best of Class Professional Office/Retail Building.**
- Attractive architectural design and curb appeal.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,593
Businesses Nearby
Explore this area
Business Placement
Demographics for 19602, PA
19,782
Population
7,907
Households
2.5
Avg Household Size
32
Median Age
11%
College-Educated
71%
High-School Grad
2.0 sq mi
ZIP Area
9,891
Density / Sq Mi
$38,179
Median Household Income
$30,848
Median Earnings
$978
Median Rent
$73,000
Median Home Value
Market
Lease Benchmarks for Reading, PA
$15.67 /SF/Yr
Avg Asking Price
$13.5–$17 /SF/Yr
Price Range
26,066 SF
Avg Space Size
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Prime office/retail space in downtown Reading's CRIZ district.
Where is this office building located?
The property is located at 450 Penn St Reading, PA.
What are key features of this property?
This property features: Located in the Reading CRIZ district offering potential tax benefits/incentives.; Best of Class Professional Office/Retail Building.**; Attractive architectural design and curb appeal.
