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Office Space at Tower Health
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50 Innovation Wy, Reading, PA 19610

Office space available within Drexel University College of Medicine.

Space Size30,000 SF
Property Size180,000 SF
Days on Market1710

Property Features for 50 Innovation Wy

General Information

Standard status Active
Size 30,000 SF
Class A
Total Parking Spaces 85
Property subtype Office, Special Purpose

Building Details

Building Size 180,000 SF
Year Built 2021
Tenancy Multiple

Spaces For Lease

at 50 Innovation Wy Contact us

5th Floor

Size
30,000 SF
Type
Office
Availability
Active
Contact us

6th Floor

Size
30,000 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Jackson Cross Partners
Listed By: Robert Cook · License #PA RS220671L
Source: Crexi
Added: Dec 23, 2021 Changed: Aug 13 Last Checked: Aug 26 at 6:35PM

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 Jackson Cross Partners

Investment Insights

Based on property information with market context.

Drexel University College of Medicine (DUCOM) at Tower Health marks the opening of Drexel University College of Medicine (DUCOM) at Tower Health in 2021. Drexel University and Tower Health have partnered to deliver high-quality medical education. The 5th and 6th floors of DUCOM at Tower Health are available, offering an opportunity to expand or relocate to this location in Berks County. The state-of-the-art building features classrooms, simulation labs and anatomy labs.

Key Highlights

  • State‑of‑the‑art building featuring classrooms, simulation, and anatomy labs.
  • Prime Berks County location.
  • Opportunity to expand or relocate your company.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Parts Store Parking Lot & Garage Storage Facility Carpet & Flooring Store (Bike/Boat/Book/etc) Store Bakery

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,169
Businesses Nearby

Demographics for 19610, PA

16,024
Population
7,327
Households
2.2
Avg Household Size
46
Median Age
54%
College-Educated
98%
High-School Grad
7.1 sq mi
ZIP Area
2,257
Density / Sq Mi
$91,034
Median Household Income
$52,707
Median Earnings
$1,669
Median Rent
$320,100
Median Home Value

Market

Lease Benchmarks for Reading, PA

$15.43 /SF/Yr
Avg Asking Price
$13.5–$17 /SF/Yr
Price Range
27,167 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office building - Office space available within Drexel University College of Medicine.
Where is this office building located?
The property is located at 50 Innovation Wy Reading, PA.
What are key features of this property?
This property features: State‑of‑the‑art building featuring classrooms, simulation, and anatomy labs.; Prime Berks County location.; Opportunity to expand or relocate your company.
(610) 265-7700 Call to check price and availability
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