Light Industrial Zoned Retail
For Sale
Contact for pricing
1037 Unger Ln, Boyertown, PA 19512
Retail building with 24,000 SF, Light Industrial zoning, and 100% occupancy with a long-term tenant.
Property Size24,000 SF
Price / SF$160.79
Days on Market65
Property Features for 1037 Unger Ln
General Information
Standard status
Active
Size
24,000 SF
Property subtype
RETAIL
Zoning
Light Industrial
Occupancy
100%
Building Details
Tenancy
Single
Listing Agency:
Swope Lees Commercial Real Estate, LLC
(610) 804-7897
Listed By:
Chuck Swope
Source:
Moodyscre
Added: May 28
Changed: Jul 30
Last Checked: Jul 30 at 9:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Swope Lees Commercial Real Estate, LLC
Investment Insights
Based on property information with market context.
This retail building offers a 24,000 SF facility with 100% occupancy. The property also benefits from a long-term tenant with approximately 10 years remaining on the lease, providing continuity for a new owner.
Located at 1037 Unger Ln in Boyertown, PA 19512, the building is zoned Light Industrial. The site is well positioned for buyers looking for a retail asset with an established, leasing-supported occupancy profile and an operating tenant in place.
Located at 1037 Unger Ln in Boyertown, PA 19512, the building is zoned Light Industrial. The site is well positioned for buyers looking for a retail asset with an established, leasing-supported occupancy profile and an operating tenant in place.
Key Highlights
- 100% occupancy
- Long‑term tenant with ~10 years remaining on the lease
- 24,000 SF retail building
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $362.9k | $15.12 |
| − Vacancy | −$15.2k | −$0.64 |
| EGI | $347.6k | $14.48 |
| − OpEx | −$104.3k | −$4.35 |
| NOI | $243.3k | $10.14 |
24,000 SF · lease $15.12/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.48M
$3.04M – $4.06M
NOI $243,347 @ 7.0% cap · market cap 6.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.94M
$3.45M – $4.60M
NOI $275,789 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
86k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 85%
Shops & Services 15%
Walmart
Superstores
73,115 visits/mo
0.1 miles
Sunoco
Shops & Services
6,175 visits/mo
0.3 miles
Fred Beans Ford Of Boyertown, Inc
Shops & Services
3,249 visits/mo
0.2 miles
Quigley Chrysler Dodge Jeep Ram
Shops & Services
1,441 visits/mo
0.2 miles
CARSTAR Fred Beans Boyertown
Shops & Services
1,002 visits/mo
0.4 miles
Demographics for 19512, PA
16,928
Population
6,726
Households
2.5
Avg Household Size
46
Median Age
23%
College-Educated
91%
High-School Grad
43.3 sq mi
ZIP Area
391
Density / Sq Mi
$76,036
Median Household Income
$49,954
Median Earnings
$1,146
Median Rent
$247,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Retail building with 24,000 SF, Light Industrial zoning, and 100% occupancy with a long-term tenant.
Where is this retail space located?
The property is located at 1037 Unger Ln Boyertown, PA.
What is the asking price?
The asking price for this property is $3,858,887.
What are key features of this property?
This property features: 100% occupancy; Long‑term tenant with ~10 years remaining on the lease; 24,000 SF retail building
