3300 Lehigh StAllentown, PA 18103

  • Retail space
  • 36,328 SF
For Lease
$9/SF/YR View listing

Property Details for 3300 Lehigh St

Year built
1975
Property size (Sq ft)
36,328 SF
Zone code
C3
Property type
Retail space
APN
549563164016-2
APU
5495631640162

Description

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

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
$39,375
-
$1,308,600
$1,308,600
-
-
$1,308,600
$1,308,600

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