3401 Plaza Dr Reading, PA 19605
- Retail space
- 22,344 SF
- 2.39 lot acres
Current Use by Public Records
- Pep Boys / Tire Shop / Auto Repair Shop
Property Details for 3401 Plaza Dr
- Year built
- 1989
- Lot size
- 2.39 lot acres
- Property size
- 22,344 SF
- Property type
- Retail space
- APN
- 5308-07-78-1286
- APU
- 530807781286
Description
This exceptional retail property, located at 3401 Plaza Dr in Reading, Pennsylvania, presents a unique investment opportunity. The single-story, 22,356 square foot building, constructed in 1989 and renovated in 2005, currently houses a Pep Boys operation under a long-term ground lease. A significant portion of the building, totaling 14,815 square feet, is currently vacant and available for lease. The existing Pep Boys tenant continues its tire and auto repair operations within the building. The vacant space, ranging from approximately 3,200 to 11,500 square feet, is ideally suited for a variety of uses. Potential tenants could include medical facilities (dialysis or plasma centers), daycare centers (for children or pets), discount retailers, furniture stores, tool and hardware retailers, or automotive-related businesses that do not directly compete with the existing Pep Boys services, such as collision repair centers, auto glass shops, or specialized auto parts retailers. Negotiable cash allowances are available for suitable tenants, contingent upon a rent structure that ensures a fair return on investment for property improvements. The property is situated in Berks County, Pennsylvania, and offers excellent visibility and accessibility within a high-traffic area. This presents a compelling opportunity for investors seeking a strong return in a desirable location.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Reading
- County
- Berks
- State
- Pennsylvania
- Longitude
- -75.9289
- Latitude
- 40.3849
- CBSA code
- 39740
- CBSA name
- READING, PA METROPOLITAN STATISTICAL AREA
