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2287 Schoenersville Rd Bethlehem, PA 18017

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For Sale
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252,794 SF shopping center in Bethlehem, Pennsylvania for sale.

Property size:
252,794 SF
Lot size:
22.74 Acres

Property Features for 2287 Schoenersville Rd

General Information

Size
252,794 SF
Lot size
22.74 Acres

Source: Colliers | Woodbridge Agent Jacklene Chesler

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Bethlehem Open-Air Shopping Center

This is an opportunity to acquire Westgate, a 252,794 square foot open-air shopping center in Bethlehem, Pennsylvania. The property is located in a densely populated Lehigh Valley community with over 230,000 residents within a five-mile radius. The property is 84% leased with approximately $3.3M NOI. It is anchored by Weis Markets, which has been at the site since 1994, and has a WALT of over 8.5 years with minimal near-term rollover. Ownership invested over $20 million in redevelopment, including new pads, facade upgrades, signage, and a build-to-suit grocery anchor. Recent leases include Penn Community Bank, Starbucks, Qdoba, Jersey Mike’s, SoFresh, Tropical Smoothie, McDonald's, and People First Credit Union. There is approximately 41,000 square feet of lease-up potential, including a mezzanine space ideal for medical office conversion adjacent to the hospital. The property is shadow-anchored by Lehigh Valley Hospital–Muhlenberg, which drives weekday traffic and supports a strong mix of healthcare-aligned tenants. The tenant mix is predominantly essential-use and service-based, including grocery, QSR, medical, and experiential retailers.
Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Main Street Commons, Bethlehem Plaza Mall

Location Insight

  • Map
  • Local Demand
City
Bethlehem
County
Lehigh
State
Pennsylvania
Longitude
-75.402545
Latitude
40.641472

FAQs

What type of property is this?
Shopping center - 252,794 SF shopping center in Bethlehem, Pennsylvania for sale.
Where is this shopping center located?
The property is located at 2287 Schoenersville Rd Bethlehem, PA.
What are key features of this property?
This property features: - Durable cash flow with long-term anchor: 84% leased with ±$3.3M NOI, anchored by Weis Markets (at site since 1994) and a WALT of 8.5+ years.; - Over $20 million capital investment & full repositioning: Ownership invested over $20M in redevelopment.; - Value-add upside with ±41,000 SF of lease-up potential, including a mezzanine space ideal for medical office conversion.
More about this property
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