Listing Agency: JLL | Lehigh Valley p***@jll.com Show Phone

Listed By: Phil Schenkel · License #RS182626L

Source: Moodyscre

Added: Aug 2, 2023 Changed: Jul 6 Last Checked: Jul 21 at 5:23AM

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Investment Insights

Based on property information with market context.

This office space, offering 1,841 square feet, is located in Allentown, PA. The property provides on-site parking and convenient access to Route 309 and I-78. The building has a total size of 300,724 square feet. On-site amenities include a fitness center with an Olympic-size pool, a coffee shop, and food service. Nearby, there are shops, hotels, and restaurants, with accessibility to the Northeast Extension.

Key Highlights

• On‑site fitness center with Olympic size pool
• Easy access to Route 309 and I‑78
• Parking available on site

Property Analytics

Property Profile

Current Use

St. Luke's Weight ... Medical Clinic Bhartesh Shah Physician Michael S Patriarco, ... Physician St Luke's Sleep ... Medical Clinic Chad E Saunders, ... Physician

Suggested Use

Top Pick Auto Repair Shop Hair Salon Building Supply Auto Parts Store Big Box & Wholesale Store HVAC Service

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

1,179

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Allentown, PA

$20.47 /SF/Yr

Avg Asking Price

$0.57–$250 /SF/Yr

Price Range

7,697 SF

Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office units - Office space with fitness center, pool, and food service.

Where is this office units located?

The property is located at 240 Cetronia Rd Allentown, PA.

What are key features of this property?

This property features: On‑site fitness center with Olympic size pool; Easy access to Route 309 and I‑78; Parking available on site