1665 State Hill RdWyomissing, PA 19610

Property Details for 1665 State Hill Rd

Year built

1970

Lot size

58.75 AC

Property size (Sq ft)

141,726 SF

Property type

Retail properties

APN

4397-19-52-9232

APU

439719529232

Description

Berkshire Mall, located at 1665 State Hill Rd, Reading, PA 19610, offers exceptional retail opportunities in Berks County. This established shopping mall boasts a total of 797,205 square feet, with a significant 382,159 square feet currently available for lease. The property is categorized as a multi-tenant retail space, ideal for a variety of businesses. Spaces range from a minimum of 509 square feet to a maximum contiguous space of 175,004 square feet, providing flexibility for businesses of all sizes. The mall's strategic location in Wyomissing, Pennsylvania, ensures high visibility and accessibility for customers. This presents a unique chance to establish or expand your retail presence within a well-established and thriving shopping center. With approximately 30 spaces available, there are numerous options to suit diverse business needs. The property's substantial size and flexible space options make it an attractive investment for businesses seeking a prominent location in a busy retail environment. This is a prime opportunity to secure a space within a well-known Berks County landmark. Contact us today to learn more about the available spaces and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $32,156,850

  6.5%

  $29,683,246

  7%

  $27,563,014

• Comparable approach

  Method

  Valuation

  Relative Method

  $27,386,058

  Geo Method

  $46,665,156

• Alternative Use

  Use

  Valuation

  Residential

  $25,038,928

  Hospitality

  $22,935,524

  Educational

  $19,082,086

  Medical

  $19,738,350

  Retail

  $29,683,246

Location Insight

City

Wyomissing

County

Berks

State

Pennsylvania

Latitude

40.3409

Longitude

-75.9701

CBSA code

39740

CBSA name

READING, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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