REO | Penn Plaza Power Center Opportunity

3045 North Fifth Street Highway, Reading, PA 19601

  • For Sale Contact for pricing
  • Property Type Retail
  • Property Size 179,629 SF
  • Lot Size 20.18 Acre
  • Additional Rent Contact for pricing
  • Date Updated Oct 11, 2024

Lease Up Vacancy:   Penn Plaza has three inline space vacancies 14,392 square feet and a 1,500 square foot outparcel (with drive-thru).

Subdivide and Monetize Outparcels:  The Property features four owned outparcels, three currently occupied by long term tenants – Monro Muffler, Fulton Bank and First National Bank. 

Mark up to Market Leases:  Inline tenant is paying below market rent presenting an opportunity to significantly increase the rent on this space through a negotiated extension or a new tenant. 

Auctioneer: Lamar P. Fisher

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Doug Clark

RealINSIGHT Marketplace

Location

Getting Around

  • Walk Score ®

    62/100 Somewhat Walkable
  • Bike Score ®

    37/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Reading, PA
  • Zip Code 19601
  • Market Allentown Bethlehem

Points of Interest

  • Wawa

    0.57 miles

  • ChargePoint

    0.98 miles

  • Gulf

    1.01 miles

  • Sunoco

    1.47 miles

  • Sheetz

    1.61 miles

  • Turkey Hill Minuit Market

    1.70 miles

  • Lukoil

    2.17 miles

  • SSC Gasoline

    2.22 miles

  • Volta

    2.46 miles

  • Tesla Supercharger

    5.76 miles

  • Poplar and Walnut Garage

    1.81 miles

  • GoggleWorks Parking Lot

    1.81 miles

  • 7th and Washington Lot

    1.89 miles

  • Chiarelli Garage

    1.89 miles

  • Albert Boscov Plaza Garage

    1.91 miles

  • Reed and Court Garage

    1.93 miles

  • DoubleTree Garage

    1.94 miles

  • State Lot

    2.00 miles

  • Judy's On Cherry Parking Lot

    2.01 miles

  • 10th and Penn Lot

    2.01 miles

  • Williams Family Restaurant

    0.49 miles

  • Taco Bell

    0.72 miles

  • McDonald's

    0.99 miles

  • Infinito's Pizza Buffet

    1.08 miles

  • Applebee's

    1.18 miles

  • KFC

    1.22 miles

  • Bojangles'

    1.25 miles

  • Regal Buffet

    1.31 miles

  • Arby's

    1.39 miles

  • Subway

    1.41 miles

  • Boscov's

    1.03 miles

  • Redner's

    1.29 miles

  • Big Lots

    1.32 miles

  • Grocery Outlet

    1.34 miles

  • ALDI

    1.60 miles

  • The Shoppes at Wyomissing

    2.24 miles

  • Farmers Market of Wyomissing

    2.28 miles

  • Target

    2.36 miles

  • Giant

    2.48 miles

  • Aldi

    2.68 miles

Frequently Asked Questions

How much does REO | Penn Plaza Power Center Opportunity cost?

The sale price for REO | Penn Plaza Power Center Opportunity is available upon request. Contact the listing broker for more information.

What is the total square footage of REO | Penn Plaza Power Center Opportunity?

REO | Penn Plaza Power Center Opportunity totals 179,629 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Doug Clark

RealINSIGHT Marketplace