Multi-Tenant Flex
New
For Sale
$2,000,000
2745A LEISCZS BRIDGE ROAD, Leesport, PA 19533
Two separately serviced areas combine professional office, medical-use, and warehouse functions.
Property Size12,000 SF
Lot Size5.90 Acres
Price / SF$166.67
Days on Market3
Property Features for 2745A LEISCZS BRIDGE ROAD
General Information
Standard status
Active
Size
12,000 SF
Lot size
5.90 Acres
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Office Units
2
Amenities
conference rooms
Building Details
Buildings
1
Building Size
12,000 SF
Tenancy
Multi
Listing Agency:
Keller Williams Platinum Realty - Wyomissing
(610) 568-2837
Listed By:
Alison Burke
(610) 568-2837
Source:
Sandrasellstheshore
Added: Aug 30
Changed: Aug 31
Last Checked: Aug 31 at 4:59PM
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 Keller Williams Platinum Realty - Wyomissing
Investment Insights
Based on property information with market context.
This 12,000-square-foot flex property on approximately 5.9 acres contains two tenant areas of about 6,000 square feet each. The building accommodates office, medical-use, and warehouse functions, with recently renovated office areas, conference rooms, multiple restrooms, separate entrances, and dedicated HVAC and electrical systems. Cintas and Miller-Keystone Blood Center currently occupy the premises. Utility service is separately metered for the tenant areas, with certain shared costs handled under the respective leases.
The property is located at 2745A Leisczs Bridge Road in Leesport, within Bern Township, and provides paved areas for employee, visitor, and commercial vehicle parking. Vehicle access connects the site with Routes 222, 183, and 61, while Reading Regional Airport and surrounding business corridors are also nearby.
The property is located at 2745A Leisczs Bridge Road in Leesport, within Bern Township, and provides paved areas for employee, visitor, and commercial vehicle parking. Vehicle access connects the site with Routes 222, 183, and 61, while Reading Regional Airport and surrounding business corridors are also nearby.
Key Highlights
- Approximately 5.9‑acre commercial site with a 12,000‑square‑foot flex building
- Two tenant areas of approximately 6,000 square feet each
- Currently occupied by Cintas and Miller‑Keystone Blood Center
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$100,544
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,010,880
$2.0M
Cap Rate 7%
$1,436,343
$1.4M
Cap Rate 9%
$1,117,156
$1.1M
Market Conditions
NOI Build-Up for 12,000 SF
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.
Gross rent
$155.5K $12.96/SF
− Vacancy
−$21.5K −$1.79/SF
EGI
$134.1K $11.17/SF
− OpEx
−$33.5K −$2.79/SF
NOI
$100.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,010,880
Cap Rate 7%
$1,436,343
Cap Rate 9%
$1,117,156
Alternative Uses
Best Use
Office B
$1.44M
$1.26M – $1.68M
NOI $100,544 @ 7.0% cap · market cap 5.03%
Second Best
Warehouse
$1.21M
$1.06M – $1.42M
NOI $85,022 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$1.97M
$1.72M – $2.30M
NOI $137,894 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
192
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19533, PA
7,710
Population
3,217
Households
2.4
Avg Household Size
43
Median Age
26%
College-Educated
92%
High-School Grad
17.3 sq mi
ZIP Area
446
Density / Sq Mi
$94,038
Median Household Income
$56,108
Median Earnings
$1,027
Median Rent
$263,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Two separately serviced areas combine professional office, medical-use, and warehouse functions.
Where is this flex space located?
The property is located at 2745A LEISCZS BRIDGE ROAD Leesport, PA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Approximately 5.9‑acre commercial site with a 12,000‑square‑foot flex building; Two tenant areas of approximately 6,000 square feet each; Currently occupied by Cintas and Miller‑Keystone Blood Center
