Embassy Bank NNN
For Sale
Contact for pricing
1142 South Cedar Crest Boulevard, Allentown, PA 18103
Fee-simple bank branch is leased to Embassy Bank under a corporate-guaranteed triple-net structure.
Property Size2,307 SF
Price / SF$1,733
Days on Market52
Property Features for 1142 South Cedar Crest Boulevard
General Information
Standard status
Active
Size
2,307 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$279,984
Building Details
Year Built
2009
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
CBRE - Philadelphia Suburban
(484) 567-2340
Listed By:
Michael Shover · License #PA RS297166
Source:
Crexi
Added: Jul 6
Changed: Aug 24
Last Checked: Aug 25 at 2:51PM
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 CBRE - Philadelphia Suburban
Investment Insights
Based on property information with market context.
This fee-simple sale features an Embassy Bank branch leased under a corporate-guaranteed triple-net (NNN) structure. The lease includes 2.5% annual rent increases throughout the remaining lease term and renewal option period, designed to support steady, long-term cash flow.
The property is positioned along South Cedar Crest Boulevard in Allentown, within the core of the Lehigh Valley region. It also benefits from its immediate proximity to Lehigh Valley Hospital-Cedar Crest, the largest hospital in the Lehigh Valley, which contributes to consistent area activity from employees, patients, and visitors.
The location is supported by additional regional demand drivers, including Cedar Crest College and Dorney Park & Wildwater Kingdom. With a dense daytime population concentrated around healthcare, education, retail, and employment, the property’s trade area includes substantial residents and households within a short radius.
The property is positioned along South Cedar Crest Boulevard in Allentown, within the core of the Lehigh Valley region. It also benefits from its immediate proximity to Lehigh Valley Hospital-Cedar Crest, the largest hospital in the Lehigh Valley, which contributes to consistent area activity from employees, patients, and visitors.
The location is supported by additional regional demand drivers, including Cedar Crest College and Dorney Park & Wildwater Kingdom. With a dense daytime population concentrated around healthcare, education, retail, and employment, the property’s trade area includes substantial residents and households within a short radius.
Key Highlights
- Embassy Bank branch built in 2009, offered fee simple.
- Leased to Embassy Bank under a corporate‑guaranteed triple‑net (NNN) lease structure.
- Lease features 2.5% annual rent increases throughout the remaining term and renewal option period.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,386
Businesses Nearby
7k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Shell
Shops & Services
7,038 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
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bank - Fee-simple bank branch is leased to Embassy Bank under a corporate-guaranteed triple-net structure.
Where is this bank located?
The property is located at 1142 South Cedar Crest Boulevard Allentown, PA.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Embassy Bank branch built in 2009, offered fee simple.; Leased to Embassy Bank under a corporate‑guaranteed triple‑net (NNN) lease structure.; Lease features 2.5% annual rent increases throughout the remaining term and renewal option period.
