1836 Catasauqua RdAllentown, PA 18109

  • Retail properties
  • 4,671 SF
For Lease
$14/SF/YR View listing

Property Details for 1836 Catasauqua Rd

Year built
1980
Lot size
1.00 AC
Property size (Sq ft)
4,671 SF
Zone code
PC
Property type
Retail properties
Property subtype
Turn key restaurants
APN
641814338565-1
APU
6418143385651

Description

Valley Plaza Shopping Center offers a prime 8,450 square foot retail space for lease, situated within a thriving 148,267 square foot shopping center. This Class B property, built in 1981, features two single-story buildings and ample parking with 500 spaces. The available space is part of a multi-tenant building with a total of 18 suites, offering excellent visibility and accessibility. The minimum divisible space is 8,450 square feet, with a maximum contiguous space of 8,450 square feet. The property sits on a 25.22-acre lot and enjoys a highly desirable location directly across from Airport Center, a major power center anchored by Target, Sam's Club, and Christmas Tree Shop. This ensures high foot traffic and strong brand recognition. The center boasts a diverse mix of established tenants including Aldi, Ollie's Bargain Outlet, Massage Envy, and many more. Its strategic location in Lehigh County provides easy access to major roadways such as Route 22, Route 309, Interstate 78, and the Northeast Extension of the Pennsylvania Turnpike, ensuring convenient access for customers and employees. The lease rate is $14 per square foot, NNN. This exceptional opportunity presents a strong investment potential in a bustling retail environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,705,713
    6.5%
    $1,574,504
    7%
    $1,462,040
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,548,326
    Geo Method
    $1,537,988
  • Alternative Use

    Use
    Valuation
    Residential
    $1,328,153
    Hospitality
    $1,216,581
    Educational
    $1,012,181
    Medical
    $1,046,992
    Retail
    $1,574,504
1836 Catasauqua Rd, Allentown, Pennsylvania

Location Insight

City
Allentown
County
Lehigh
State
Pennsylvania
Latitude
40.6397
Longitude
-75.4333
CBSA code
10900
CBSA name
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$27,076
$475,900
$624,100
$1,100,000
-
$475,900
$624,100
$1,100,000

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