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    1200 Broadcasting Rd Wyomissing, PA 19610

    Sponsored
    For Lease
    $15 SF/Yr

    Modern medical suites, flexible sizes, prime location.

    Lot size:
    24,194 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional two-story, Class B medical office building, situated within the prestigious Corporate Campus at Spring Ridge in Berks County, presents a unique investment opportunity. Boasting a total of 24,194 square feet, the building offers multiple suites, with a minimum divisible space of 1,350 square feet and a maximum contiguous space of 3,406 square feet. Currently, 8,079 square feet are available for lease. Built in 2002, this single building sits on a generous 2.88-acre lot and features ample surface parking. The property's strategic location in Spring Township provides convenient access to Routes 422 and 222, placing it within easy reach of major transportation arteries. Furthermore, its location within a thriving office campus offers the added benefit of proximity to hotels, restaurants, and various entertainment options, creating a highly desirable environment for both tenants and employees. The building's multi-tenant configuration and well-established presence within a known office campus make it an attractive prospect for medical professionals seeking a modern, accessible, and amenity-rich workspace. The building's three suites offer flexibility for various medical practices, ensuring a suitable space for a range of needs.

    Property Features for 1200 Broadcasting Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,194 SF
    Class
    B
    Total Rate
    31250.58

    Building Details

    Year Built
    2002
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 204
    Size
    1,350 SF
    Space
    Suite 103
    Size
    3,323 SF
    Space
    Suite 100
    Size
    3,406 SF
    Rate per SF
    $15

    HighLights

    • 24,194 SF medical office building in Berks County.
    • Multiple tenants, with 8,079 SF currently vacant.
    • Suites range from 1,350 SF to 3,406 SF contiguous.
    • Two‑story Class B building constructed in 2002, situated on a 2.88‑acre lot.
    • Convenient location in Spring Township with easy access to Routes 422 and 222, near hotels, restaurants, and shopping.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wyomissing
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.9877318
    Latitude
    40.3496584

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    FAQs

    What type of property is this?
    Medical office - Modern medical suites, flexible sizes, prime location.
    Where is this medical office located?
    The property is located at 1200 Broadcasting Rd Wyomissing, PA.
    What is the lease rate?
    The lease rate is $0.00-$15 SF/Yr.
    What are key features of this property?
    This property features: 24,194 SF medical office building in Berks County.; Multiple tenants, with 8,079 SF currently vacant.; Suites range from 1,350 SF to 3,406 SF contiguous.
    Request Owner's contact information
    1200 Broadcasting Rd Wyomissing, PA 19610
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1200 Broadcasting Rd Wyomissing, PA 19610
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