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Multi-Tenant Retail Center
For Lease
$14 SF/Yr

1471 Lehigh Street, Allentown, PA 18103

CommercialLease, Allentown City, PA

Space SizeContact for details
Days on Market75

Property Features for 1471 Lehigh Street

General Information

Property type Commercial Lease
Property subtype Retail
Parking 400
Parking features Parking Lot
Elementary school district Allentown
Middle school district Allentown
High school district Allentown
Directions From Allentown - I 78 to Lehigh Street exit L at stop light on to Lehigh Street property located on R at light to turn onto 15th Street.
Subdivision Allentown-South
Standard status Active

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1959
Listing Agency: Keller Williams Allentown · Keller Williams Realty
Listed By: Michael D. Sheftel · License #RS328844
Added: Jun 8 Changed: Aug 19 Last Checked: Aug 21 at 8:06AM
MLS# 778585

Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Parkway Shopping Center is a multi-tenant retail property at 1471 Lehigh Street in Allentown, Pennsylvania. The tenant roster includes Arby's, Dunkin', Dollar Tree, Family Dollar, IHOP, Bang Bang Hibachi, Subway, Palumbo Pizza, H&R Block, Five Star Swim School, KedPlasma Plasma Center, The Lehigh School Daycare, and State Farm Insurance. The center was built in 1959 and offers central air conditioning, natural gas heat, a parking lot, public water, and public sewer.

The property is positioned at Lehigh Street and Jefferson Street, with access to I-78, Route 309, and Route 22. Its mix of food, retail, service, education, and specialty users supports a broad shopping-center tenant profile.

Key Highlights

  • Multi‑tenant shopping center at 1471 Lehigh Street
  • Tenant mix includes Arby's, Dunkin', Dollar Tree, Family Dollar, IHOP, Subway, and other retail and service users
  • Located at the Lehigh Street and Jefferson Street intersection

Property Analytics

Current Use

Parkway Shopping Center Shopping Center & Mall Parkway Plaza Pharmacy Pharmacy UPS Access Point ... Courier Service

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

536
Businesses Nearby
142k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 69% Dining 21% Superstores 8% Home Improvements & Furnishings 2%
Wawa Shops & Services
52,304 visits/mo 0.3 miles
Dollar Tree Shops & Services
22,302 visits/mo 0.1 miles
Big Lots Superstores
12,020 visits/mo 0.5 miles
IHOP Dining
10,979 visits/mo 0.2 miles
Dunkin' Donuts Dining
10,024 visits/mo 0.1 miles

Demographics for 18103, PA

48,358
Population
19,769
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
88%
High-School Grad
17.2 sq mi
ZIP Area
2,812
Density / Sq Mi
$72,545
Median Household Income
$38,377
Median Earnings
$1,333
Median Rent
$242,400
Median Home Value

Market

Lease Benchmarks for Allentown, PA

$16.91 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
26,301 SF
Avg Space Size

This space is priced 17% below the average of $16.91 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • Parkway Shopping Center 1471 Lehigh St, Allentown, PA 18103
  • Coinstar Kiosk | Bitcoin ATM Redners Warehouse Markets, 2323 Lehigh St, Allentown, PA 18103
  • Merchants Square Mall 1901 S 12th St, Allentown, PA 18103

Frequently Asked Questions

What type of property is this?
Shopping center - Retail center with national, regional, and local tenants, parking, and convenient access to major regional routes.
Where is this shopping center located?
The property is located at 1471 Lehigh Street Allentown, PA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Multi‑tenant shopping center at 1471 Lehigh Street; Tenant mix includes Arby's, Dunkin', Dollar Tree, Family Dollar, IHOP, Subway, and other retail and service users; Located at the Lehigh Street and Jefferson Street intersection
More about this property
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