3143 William Penn
Palmer Twp, PA 18045
$4,550,000
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0 Beds
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0 Baths
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32,655 SqFt
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DESCRIPTION
Lehigh Valley Investment property located in Palmer Township. This 32,310 SF retail building sits on 6.31 acres in a high traffic area. There are 4 tenants in the building: Planet Fitness (18,000SF), Easton Hospital (5,300 SF), Lets Speak Dog (3,000 SF), and Keystone Heights (2,000 SF). All lease provide for common area maintenance recapture on a pro-rata basis. There is a substantial increase in cash flow in year 5 due to increases in rental rate for Planet Fitness.
KEY DETAILS
- Price:
- $4,550,000
- Bedrooms:
- 0
- Full Baths:
- 0
- Square Footage:
- 32,655
- Acreage:
- 6.00
- Year Built:
- 1971
- MLS #:
- 590550
- Street Address:
- 3143 William Penn
- City:
- Palmer Twp
- State:
- PA
- Postal Code:
- 18045
- County:
- Northampton
- Area:
- Palmer
- Listing Status:
- For Sale - Available
Building
- Architecture Style:
- Commercial
- Construction Description:
- Brick, Masonry, Metal
- Leasable Square Feet:
- 32655
- Miscellaneous Features:
- Ada Compliant, Concrete Floor, Display Window, Dock Level, Loading Dock, Security Lighting
- Total Building Square Footage:
- 32655
- Year Built:
- 1971
Land
- Conforms To Zoning:
- Gc
- Lot Frontage:
- 1
- Lot Square Footage:
- 261360
- Road Type:
- State
- Suitable Use:
- Grocery Store, Restaurant, Shopping Center
Money
- Property Taxes:
- $41,568
Structures
- Parking Description:
- On Site
- Parking Spaces:
- 351
Systems
- Cooling System:
- Central Ac
- Existing Water:
- Public
- Heating:
- Gas
- Sewage Type:
- Public
Source
- Provided By:
-
Courtesy of Veraxia Commercial Real Estate
The data relating to real estate for sale or previously for sale on this web site comes in part from the Internet Data Exchange of the Lehigh Valley Association of REALTORS Multiple Listing Listing Service. Real Estate listings held by brokerage firms (licensees) other than this firm are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
