1125 Cedar Crest BlvdAllentown, PA 18103

Property Details for 1125 Cedar Crest Blvd

Year built

1975

Lot size

1.54 AC

Property size (Sq ft)

9,840 SF

Zone code

C1

Property type

Office properties

Property subtype

Office buildings

APN

548588295464-1

APU

5485882954641

Description

The Rose Professional Building offers exceptional office space in a highly desirable location, boasting convenient access to Routes 78 and 22, and the Pennsylvania Turnpike. This meticulously remodeled building features a total of 9,840 square feet, with multiple suites available ranging from 769 to 3,503 square feet. Currently, 6,200 square feet of space is vacant, offering significant opportunities for businesses seeking flexible and modern office environments. The building is zoned C1 and includes two floors served by elevators, ensuring convenient access for tenants and clients. Ample on-site parking is available with 70 spaces, providing convenient parking for staff and visitors. The building's design is ideal for a variety of professional uses, including medical practices, insurance agencies, and other office-based businesses. The attractive and functional suites are well-designed and ready for immediate occupancy. A significant advantage is the all-inclusive Net, Net, Net (NNN) lease structure, which covers most operating expenses, including electricity, heating and air conditioning, insurance, water, sewer, trash removal, property taxes, and common area maintenance and management. This simplifies budgeting and allows businesses to focus on their core operations. The building's prominent location and excellent amenities make it an exceptional opportunity for businesses seeking a high-quality, convenient, and cost-effective office space.

• CAP approach

  CAP return

  Valuation

  6%

  $2,444,408

  6.5%

  $2,256,377

  7%

  $2,095,207

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,294,336

  Geo Method

  $1,285,694

• Alternative Use

  Use

  Valuation

  Residential

  $2,797,908

  Hospitality

  $2,562,868

  Educational

  $2,132,276

  Medical

  $2,205,608

  Retail

  $3,316,874

Location Insight

City

Allentown

County

Lehigh

State

Pennsylvania

Latitude

40.572

Longitude

-75.519

CBSA code

10900

CBSA name

ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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