410 Corporate DrReading, PA 19605

  • Industrial properties
  • 145,240 SF
For Lease
$7.50/SF/YR View listing

Property Details for 410 Corporate Dr

Year built
1989
Lot size
13.04 AC
Property size (Sq ft)
145,240 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
5309-10-35-8928
APU
530910358928

Description

This exceptional 88,000-square-foot warehouse sublease opportunity in Reading, PA, is situated within the Berks Corporate Center, offering unparalleled access to Routes 222 and 61. The property boasts a 7.42-acre lot with ample parking (100 spaces), including a 1.4-acre macadam lot. The single-story, Class B building, constructed in 1989, features a pre-engineered steel structure with a 25-foot ceiling height. Loading is facilitated by nine 8'x8' loading docks (three with pit-style levelers), and three drive-in doors. The warehouse includes substantial existing racking (approximately 900 pallet positions), removable to create an open floor plan. The well-appointed office space (4,400 SF main office and 1,000 SF warehouse office) comprises a private office, conference room, kitchenette, 20 workstations, and a large multi-purpose room. Modern amenities include LVT flooring and new LED lighting throughout. The building's robust infrastructure includes large exhaust fans and louvers. The property is zoned LI (Light Industrial) and has an APN of 66-5309-10-35-8928. This sublease is available until December 2025. The total building size is 145,700 SF.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $25,659,752
    Hospitality
    $23,504,194
    Educational
    $19,555,214
    Medical
    $20,227,748
    Retail
    $30,419,222
410 Corporate Dr, Reading, Pennsylvania

Location Insight

City
Reading
County
Berks
State
Pennsylvania
Latitude
40.4059
Longitude
-75.9401
CBSA code
39740
CBSA name
READING, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$86,947
$897,200
$5,293,400
$6,190,600
-
$897,200
$5,293,400
$6,190,600

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