request_info_guest false
Street View
Map
1 Photo

EasyPak Portfolio

$16,250,000

4216 Reading Crest Avenue, Reading, PA 19605

Active
Last Updated: 09/22/2025

7.6

Cap Rate

1,237,355

NOI

Details:
Cap Rate:    7.6%
NOI:    $1,237,355
Building Size:    224,271 sqft
Highlights:
  • LONG-TERM STABILITY | 16 years of remaining lease term provides long-term income security and minimizes rollover risk
  • STRATEGIC INDUSTRIAL LOCATION | Portfolio includes well located industrial assets in Massachusetts and Pennsylvania - both strong logistics and manufacturing markets with access to major distribution corridors
  • CREDITWORTHY TENANT – EASYPAK HOLDINGS | Single-tenant, mission-critical facilities leased to Easypak Holdings, a leading provider of protective packaging solutions with a long operational history
  • ABSOLUTE NNN LEASE STRUCTURE | Absolute triple net (NNN) leases offer a passive investment with zero landlord responsibilities, allowing for consistent and predictable cash flow
  • BUILT-IN RENTAL ESCALATIONS | 2% annual rental increases provide a natural inflation hedge and income growth over the lease term. Industrial Demand Tailwinds
Description:

.

As of mid-2025, annual investment sales in Reading have reached $155 million, marking an approximate 20% increase compared to the previous year. Despite this improvement, overall sales momentum still lags behind the five-year average of $245 million, mirroring broader patterns seen across both national and regional markets. The investor profile in Reading's industrial sector has been notably diverse over the past year. Institutional investors were responsible for nearly 40% of the total sales volume, while REITs and public capital contributed close to 30%. Owner-occupants made up about a quarter of sales, with private buyers accounting for the remainder.

Reading is a midsize industrial market with a total inventory of 64.3 million SF and 6.9 million SF currently listed on the market. The market has shown some improvement in 2025, and absorption reached 230,000 SF as of 2025Q3.

The average industrial rent in Reading stands at $7.40 per SF across logistics, specialized, and flex properties. This reflects a year-over-year increase of 2.6%, but rent growth is still lagging the five-year annualized average of 7.1%. Rents in Reading remain lower than those in nearby industrial markets such as Lehigh Valley, Montgomery County, Chester County, and Lancaster, largely due to the area's older warehouse stock.

Map:
Location
Gallery