Listing #379636: Former Power Packaging Facility
1055 Cross Roads Blvd
Reading, PA 19605
CURRENT
Available Spaces
| Floor/Suite | Space Available | Min. Divisible | Max. Contiguous | Lease Rate | Date Available |
| 1 | 324,132 | 0 | 0 | $0.31 sf/m |
General |
|
|---|---|
| Property Use | any |
| Land SF | 724,402.80 sf |
| Land Acres | 16.63 acres |
| Building SF | 324,132 sf |
| Bld SF/$ Per | 324,132 / $50.00 |
| No. of Buildings | 2 |
| No. of Units | - |
| No. of Stories | - |
| Free Standing | Yes |
| Year Built | - |
| Built Yet | - |
| Building Class | - |
| Zoning | - |
| Parcel Number | - |
| # Grade Dock Doors | - |
| # Dock High Doors | - |
| Lighting | - |
| Power | - |
| Parking | - |
| Gas | No |
| Water | No |
| Electric | No |
Financial Overview |
|
|---|---|
| List Price | $16,206,600 |
| Per Month | $0.31 sf/m |
| Per Year | $3.75 sf/y |
| Co-op Commission | 3.00% |
| Commission Comments | - |
| Down Payment | - |
| Cap Rate | - |
| Cash on Cash | -- |
| Multiplier | - |
| Financial Terms | - |
| Consider Exchange | No |
Cash Flow |
|
|---|---|
| Cash Flow Type | - |
| Year | - |
| Scheduled Gross | - |
| Vacancy | - |
| Reimbursement | - |
| Effective Gross | - |
| Operating Expenses | - |
| Operating Income | - |
| Debt Service | - |
| Capital Costs | - |
| Cash Flow (pre-tax) | - |
Debt |
|
|---|---|
| Debt Type | - |
| Debt Service | - |
| Principal | - |
| Interest Rate | - |
| Amortization | - |
| Due | - |
| Loan Description | - |
Property Description
Built between 1986 and 1993, this property features a 138,000 SF Food Grade Manufacturing Plant with a 180,000 SF Warehouse. Site has a 12" water main w/ 1.4 MGD capacity and 720,000 GPD Sewer. Construction is a steel superstructure with metal panel walls, standing seam metal roof and smooth sealed concrete floor. Ceiling heights in the warehouse are 32'7" to peak and 29' 6" at eave. The Mfg Plant is 28' 10" to peak and 29' 6" at eave. Column spacing is 48' x 42' in mfg area and 40' 8" x 40' in warehouse. Primary electric is 3,000 Amp 480/277 volt, 3-phase "Y" Power with a separate 800 amp 3 phase secondary service.
Area Description
Subject Property is at the Northeast corner of the Route 222 and Route 61 interchange. Easy 4-lane access to I-78 and I-176 to Turnpike. In one day your trucks can reach 60% of the US population. Great access to the northeast. 4-miles to the Airport. Site is served by Barta Bus and is in the heart of the Muhlenberg Twp. Industrial area.