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bryanecole

Listing #396261: Meridian Building

1 Meridian Blvd
Wyomissing, PA 19610

1 space available

Bryan E. Cole

NAI Keystone Commercial & Industrial, LLC

Phone
610-370-8502
Fax

John Buccino

NAI Keystone Commercial & Industrial, LLC

Phone
610-370-8508
Fax
N/A
http://files.propertyline.com/photo/default/5596671.jpg

Available Spaces

Floor/Suite Space Available Min. Divisible Max. Contiguous Lease Rate Date Available
1/1/1 45,000 1,500 45,000 $1.63 sf/m Immediate

General

Property Use
Land SF -
Land Acres -
Building SF 377,000 sf
Bld SF/$ Per - / -
No. of Buildings 1
No. of Units -
No. of Stories 3
Free Standing N/A
Year Built 1978
Built Yet Yes
Building Class A
Zoning Business Commercial
Parcel Number -
# Grade Dock Doors -
# Dock High Doors -
Lighting -
Power -
Parking -
Gas No
Water No
Electric No

Financial Overview

List Price -
Per Month $1.62 sf/m
Per Year $19.50 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

Originally constructed as a corporate headquarters facility, One Meridian offers quality construction and unique finishes and features including granite lobbies, slate patios and walkways as well as an attractive courtyard entrance with outdoor seating and mature landscaping. The building also features: Approximately 372,000 SF of Class A office space within four stories Attractive, professionally finished entrance lobby with granite flooring 15,360 SF Data Center, expandable to 25,000 SF, with a UPS and back up generator system. Live floor load of 125 lbs/sf and 24" raised access floors. Raised access flooring on the 2nd, 3rd and 4th floor office space 15'-18' floor-to-slab allowing for 9' finished ceiling heights Typical column spacing of 30' x 32' Two separate elevator banks with a total of six hydraulic elevators Four rear loading docks and two freight elevators 1,318 surface parking spaces, expandable by 295 One Meridian is located within Spring Ridge, a 636-acre master planned development comprised of a combination of single family, townhome and condominium residential units as well as office buildings and covenience retail, in Wyomissing, Pennsylvania.

Area Description

Only 1/4 mile from Route 222, providing easy access to the Lehigh Valley and Interstate 78, less than 30 minutes to the northeast. Within two miles of Route 422, providing connection to King of Prussia and Interstates 76 and 476 Five miles from Interstate 176, connecting to I-76 with access to the entire state of Pennsylvania In close proximity to four hotels and numerous shopping and dining establishments in the adjacent 600,000 square foot Paper Mill Road power cetner and at the nearby Berkshire Mall 1/2 mile from the Penn State Berks Campus Five minutes to the Reading Airport