Office Suite with Private
1150 Glenlivet Dr Allentown, PA 18106
For Sale
Contact for pricing
Office suite features private entrance, reception area, open space, private offices, and ample parking.
Property Size2,500 SF
Price / SF$116
Days on Market56
Property Features for 1150 Glenlivet Dr
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- OFFICE
Listing Agency:
Markward Group
(610) 295-6602
Listed By:
Ann Kline
Source:
Moodyscre
Added: Jun 2
Changed: Jul 25
Last Checked: Jul 26 at 12:53PM
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 Markward Group
Investment Insights
Based on property information with market context.
This office suite is configured with a private entrance, reception area, open space, and private offices. Interior amenities include a breakroom with kitchenette, two restrooms, and dedicated common areas for day-to-day operations.
The property also offers ample parking, supporting convenient customer and employee access.
Overall, the layout provides a mix of reception, collaborative open space, and enclosed offices, with restroom and breakroom facilities already in place.
The property also offers ample parking, supporting convenient customer and employee access.
Overall, the layout provides a mix of reception, collaborative open space, and enclosed offices, with restroom and breakroom facilities already in place.
Key Highlights
- Office suite with a private entrance
- Reception area plus open space for workstations
- Includes private offices
Financial Insights For Office B
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 | $19.5k | $7.80 |
| − Vacancy | −$1.4k | −$0.56 |
| EGI | $18.1k | $7.24 |
| − OpEx | −$4.5k | −$1.81 |
| NOI | $13.6k | $5.43 |
2,500 SF · lease $7.80/SF/yr · vacancy 7.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$193.9K
$169.7K – $226.2K
NOI $13,572 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$491.1K
$429.8K – $573.0K
NOI $34,380 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
American Financial Network ...
Loan Service
Angela R. Newcomer, ...
Alternative Medicine Practice
Lifetime Tax Service
Tax Preparation
Michael G Perovich ...
Physician
Ann E. Sadr, ...
Physician
FAQs
What type of property is this?
Office units - Office suite features private entrance, reception area, open space, private offices, and ample parking.
Where is this office units located?
The property is located at 1150 Glenlivet Dr Allentown, PA.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Office suite with a private entrance; Reception area plus open space for workstations; Includes private offices
