Flexible Fitness-Oriented Flex
For Sale
Contact for pricing
6525 SHILLINGTON PLAZA, Reading, PA 19607
Existing health club improvements provide a foundation for varied commercial uses.
Property Size9,800 SF
Price / SF$0.45
Days on Market51
Property Features for 6525 SHILLINGTON PLAZA
General Information
Standard status
Active
Size
9,800 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Building Details
Year Built
1972
Building Size
9,800 SF
Listing Agency:
RE/MAX Of Reading
Listed By:
Randy L Weidner · License #RS-196634-L
(610) 670-2770
Source:
Cummingsrealtors
Added: Sep 3
Changed: Oct 21
Last Checked: Oct 20 at 10:44PM
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
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Investment Insights
Based on property information with market context.
This flex property encompasses 22,000 square feet, with 9,800 square feet currently arranged for health club and fitness operations. The existing configuration is adaptable to a broad range of commercial uses, giving occupants a substantial built-out space within a building constructed in 1972.
The property is located at 6525 Shillington Plaza in Reading, Pennsylvania, with access to Rte. 222, Rte. 724, and Rte. 422. Its current fitness-oriented layout and flexible commercial profile create a practical platform for continued recreational use or reconfiguration to another compatible operation.
The property is located at 6525 Shillington Plaza in Reading, Pennsylvania, with access to Rte. 222, Rte. 724, and Rte. 422. Its current fitness-oriented layout and flexible commercial profile create a practical platform for continued recreational use or reconfiguration to another compatible operation.
Key Highlights
- 22,000‑square‑foot flex property
- 9,800 square feet configured as a health club and fitness facility
- Adaptable layout suitable for a wide variety of uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$128,367
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,567,340
$2.6M
Cap Rate 7%
$1,833,814
$1.8M
Cap Rate 9%
$1,426,300
$1.4M
Market Conditions
NOI Build-Up for 22,000 SF
Gross rent
$194.3K $8.83/SF
− Vacancy
−$10.9K −$0.49/SF
EGI
$183.4K $8.34/SF
− OpEx
−$55.0K −$2.50/SF
NOI
$128.4K $5.83/SF
Area
Berks County, PA
Vacancy
5.60%
Lease Rate
$8.83 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,567,340
Cap Rate 7%
$1,833,814
Cap Rate 9%
$1,426,300
Alternative Uses
Best Use
Flex RnD
$2.20M
$1.92M – $2.56M
NOI $153,891 @ 7.0% cap · market cap 1,570.32%
Second Best
Industrial
$1.83M
$1.60M – $2.14M
NOI $128,367 @ 7.0% cap · market cap 1,309.87%
Theoretical Best
Office A
$3.61M
$3.16M – $4.21M
NOI $252,806 @ 7.0% cap · market cap 2,579.65%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
84
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 19607, PA
23,431
Population
10,177
Households
2.3
Avg Household Size
42
Median Age
31%
College-Educated
94%
High-School Grad
11.2 sq mi
ZIP Area
2,092
Density / Sq Mi
$80,550
Median Household Income
$46,953
Median Earnings
$1,283
Median Rent
$210,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Rheins Classic Catering — 653 Mountain View Rd, Shillington, PA 19607
Frequently Asked Questions
What type of property is this?
Flex space - Existing health club improvements provide a foundation for varied commercial uses.
Where is this flex space located?
The property is located at 6525 SHILLINGTON PLAZA Reading, PA.
What are key features of this property?
This property features: 22,000‑square‑foot flex property; 9,800 square feet configured as a health club and fitness facility; Adaptable layout suitable for a wide variety of uses
