Bank and Wireless Retail
2595 N Reading Road Denver, PA 17517
2595 N Reading Road, Denver, PA, 17517
Contact for pricing
For Sale
Contact for pricing
Leased building occupied by Truist and Verizon at a signalized intersection along Route 272.
Property Size7,200 SF
Price / SF$364.64
Days on Market42
Property Features for 2595 N Reading Road
General Information
- Standard status
- Active
- Size
- 7,200 SF
- Property subtype
- Retail
Listing agency
Bennett Williams Commercial
(717) 843-5555
Listed by
Justin Willits · License #PA RS330371
Source
Crexi
Added: Jun 10 Updated: Jul 21 at 2:00AM Checked: Jul 21 at 8:39AM
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 Bennett Williams Commercial
Investment Insights
Based on property information with market context.
This for-sale retail property includes long-term operating tenants, with Truist Bank and Verizon Wireless maintaining established presence at the location. The building totals 7,200 square feet and is being offered as an income-producing real estate asset with both tenants in place.
The property is positioned along North Reading Road (Route 272) at a signalized intersection, providing straightforward access and visibility for retail and financial services operations.
The property is positioned along North Reading Road (Route 272) at a signalized intersection, providing straightforward access and visibility for retail and financial services operations.
Key Highlights
- Leased building occupied by Truist Bank and Verizon Wireless
- Located along North Reading Road (Route 272) at a signalized intersection
- Tenants have long‑term operating history at the location
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $187.5k | $26.04 |
| − Vacancy | −$12.4k | −$1.72 |
| EGI | $175.1k | $24.32 |
| − OpEx | −$43.8k | −$6.08 |
| NOI | $131.3k | $18.24 |
7,200 SF · lease $26.04/SF/yr · vacancy 6.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.88M
$1.64M – $2.19M
NOI $131,335 @ 7.0% cap · market cap 5.00%
Second Best
Retail
$1.21M
$1.06M – $1.41M
NOI $84,732 @ 7.0% cap · market cap 3.23%
Theoretical Best
Office A
$2.41M
$2.11M – $2.81M
NOI $168,893 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Banks
Similar For Sale Nearby
FAQs
What type of property is this?
Bank - Leased building occupied by Truist and Verizon at a signalized intersection along Route 272.
Where is this bank located?
The property is located at 2595 N Reading Road Denver, PA.
What is the asking price?
The asking price for this property is $2,625,416.
What are key features of this property?
This property features: Leased building occupied by Truist Bank and Verizon Wireless; Located along North Reading Road (Route 272) at a signalized intersection; Tenants have long‑term operating history at the location
