$6,900,000
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3030 Kutztown Road Reading, PA 19605 Municipality: Muhlenberg Twp
Industrial
Residence
Beds
Baths
...
Bed/Bath
105,000
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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Situated on 8.33 acres in Muhlenberg Township, 3030 Kutztown Road is an industrial facility with 105,000 square feet. The facility, which has 140 parking spaces, seven docks, 80,000 square feet of warehouse space, and 25,000 square feet of office space, is located in the LI zoning area. A tenant nam...ed Gai-Tronics resides in this investment property. The original lease was for 7 years which ends April 30, 2025. An addendum has been executed for the Tenant to extend their lease by 5 years, their first of 2 five-year extensions. Over the past two years, Gai-Tronics has expanded their footprint by 10,000 square feet and made significant upgrades to their 85,000 square foot suite. The 20,000 square feet of vacant space includes offices, restrooms, a break room, a dock, and ceilings that are 24 feet high. The rental revenue from this investment property exceeds $520,000.00 when both suites are leased
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MLS#
PABK2052310
Property Type
Industrial
Year Built
1980
Square Feet
105,000
sq. ft
Price per Sq. Ft.
$65.71
Lot Size
8.33
Sewer
Sewer Available, Public Sewer
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