Single-Story Medical Office
For Lease
$11 SF/Yr NNN
120 Prospect St, Reading, PA 19606
One-story former medical center offers divisible first-floor suites and convenient shared amenities with ample on-site parking.
Space SizeContact for details
Days on Market47
Property Features for 120 Prospect St
General Information
Standard status
Active
Total Parking Spaces
90
Lease Type
NNN
Amenities
wide hallways
common bathrooms
three outside entrances
Building Details
Year Built
1960
Stories
1
Tenancy
Multi
Listing Agency:
RE/MAX Of Reading
Listed By:
Robert Kearney · License #AB046642A
(610) 587-3419
Source:
Kandorre
Added: Jul 18
Changed: Aug 26
Last Checked: Sep 1 at 9:02PM
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 RE/MAX Of Reading
Investment Insights
Based on property information with market context.
This one-story former medical center provides professional office space for lease with wide hallways and all first-floor accessibility. Suites may be divisible to smaller formats, with rentable space noted as 610, 1,017, and 2,275 square-foot configurations. The building is described as clean and well maintained, with upgrades completed over the years and common built-in conveniences intended to help reduce start-up costs for new tenants. Shared facilities include common bathrooms, with three outside entrances serving the property.
For tenant and visitor convenience, the property offers approximately 90 parking spaces. Three exterior entrances and the first-floor layout support straightforward access for staff, customers, and vendors.
The offering is presented as a triple net lease, and approximately 8,666 square feet has been leased to date.
For tenant and visitor convenience, the property offers approximately 90 parking spaces. Three exterior entrances and the first-floor layout support straightforward access for staff, customers, and vendors.
The offering is presented as a triple net lease, and approximately 8,666 square feet has been leased to date.
Key Highlights
- One‑story former medical center office space built in 1960
- All first‑floor space with suite options divisible to 610 SF; currently listed suite sizes include 610 SF, 1,017 SF, and 2,275 SF
- Common bathrooms plus three outside entrances for tenant and visitor access
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
292
Businesses Nearby
Explore this area
Business Placement
Demographics for 19606, PA
35,153
Population
14,593
Households
2.4
Avg Household Size
42
Median Age
29%
College-Educated
93%
High-School Grad
26.7 sq mi
ZIP Area
1,317
Density / Sq Mi
$81,872
Median Household Income
$45,583
Median Earnings
$1,282
Median Rent
$229,400
Median Home Value
Market
Lease Benchmarks for Reading, PA
$17.16 /SF/Yr
Avg Asking Price
$6.5–$26.05 /SF/Yr
Price Range
36,383 SF
Avg Space Size
This space is priced 36% below the average of $17.16 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - One-story former medical center offers divisible first-floor suites and convenient shared amenities with ample on-site parking.
Where is this office units located?
The property is located at 120 Prospect St Reading, PA.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: One‑story former medical center office space built in 1960; All first‑floor space with suite options divisible to 610 SF; currently listed suite sizes include 610 SF, 1,017 SF, and 2,275 SF; Common bathrooms plus three outside entrances for tenant and visitor access
