Property profile

2 Meridian Blvd Reading, PA 19610

FOR LEASE
Office buildings
Property ID
US73-5836221
69,804 SF 6.95 ac lot Built 1990
Individually Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This Class A office building in Wyomissing, Pennsylvania, offers multiple creative office spaces for lease. Located at 2 Meridian Blvd, 19610, this professionally managed property boasts convenient access to major highways and is directly across from a large retail center providing ample employee amenities. The building is situated in Berks County and offers a variety of suite sizes, ranging from 1,350 square feet to 4,903 square feet. Currently, a 2,400 square foot office space is available on the second floor. The building's total square footage is not currently specified. This prime location provides an ideal environment for businesses seeking modern, efficient, and conveniently located office space. The building's "Creative Office" designation suggests a flexible and adaptable layout suitable for a variety of businesses. The immediate proximity to a retail power center enhances the overall appeal and convenience for employees. This property presents a unique opportunity to secure high-quality office space in a desirable location. Interested parties should inquire for further details and availability.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1990
Total area 69,804 SF
Lot 6.95 ac (302,742 SF)
APN 4397-09-26-2824
UPID US73-5836221

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Engineering Consultant
  • Law Firm
  • Law Firm
  • Dental Office
  • Dental Office

Location

2 Meridian Blvd Reading, PA 19610
Reading metro Census 10903 READING, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$10.79M
CAP Approach CAP
$9.60M
Comparable Approach Comparable
$11.63M
Blend (final) Blend
$9.49M

Owner & transaction history

since 2024
Last sale
$9.2M
6 recorded transactions
2024
Price N/A
2021
$9.2M
2016
Price N/A
2006
Price N/A
2002
$4.8M
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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