South Mall, located at 3300 Lehigh Street in Allentown, PA 18103, offers a diverse range of commercial spaces for lease. This expansive property totals 405,290 square feet and features a mix of retail, office, and industrial space, including traditional office and warehouse options. The property is currently multi-tenant, with 25 total suites and 170,894 square feet of vacant space available. Units range from a minimum of 651 square feet to a maximum contiguous space of 101,841 square feet, providing flexibility for businesses of various sizes. The South Mall boasts a strong tenant roster, including prominent anchors such as Giant Foods (coming soon), Ross Dress For Less, Burlington, Staples, PA Fine Wine & Spirits, and SuperSets Gym. Additional tenants include A1 Steakhouse, Petco, Bath and Body Works, Blick Art Materials, Starbucks, Mattress Firm, and Yocco's-The Hot Dog King, establishing the property as a thriving retail destination. The property's strategic location on Lehigh Street offers convenient access to major roadways, including Routes 22, 309, and I-78. Kiosk and temporary space options are also available. This is an exceptional opportunity to establish a presence in Allentown's most active shopping center.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$13,265,924
6.5%
$12,245,469
7%
$11,370,792
Comparable approach
Method
Valuation
Relative Method
$12,041,875
Geo Method
$11,961,474
Alternative Use
Use
Valuation
Residential
$10,329,511
Hospitality
$9,461,776
Educational
$7,872,087
Medical
$8,142,820
Retail
$12,245,469
Location Insight
City
Allentown
County
Lehigh
State
Pennsylvania
Latitude
40.5565
Longitude
-75.4909
CBSA code
10900
CBSA name
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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