Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3300 Lehigh St, Unit 712 Allentown, PA 18103

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $20 SF/Yr

    Retail space for lease in Allentown's South Mall.

    Lot size:
    12.91 Acres

    Property Features for 3300 Lehigh St

    General Information

    Standard status
    Active
    Lot size
    12.91 Acres

    We can help!

    Listing Contact
    James J. Balliet
    Source: Exprealty

    Listing Agency: Keller Williams Allentown Listing Agent: James J. Balliet

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

    Learn more

    Overview

    Retail Space in South Mall

    Located in Allentown's South Side, the South Mall is a shopping destination with a mix of national, regional, and local retail tenants. Anchor tenants include Ross Dress For Less, Staples, and PA Fine Wine & Spirits, with Giant Foods coming soon. Other tenants include A1 Steakhouse, Petco, Bath and Body Works, Blick Art Materials, Starbucks, Mattress Firm, and Yocco's-The Hot Dog King. Retail space is available for immediate lease, with kiosk and temporary space opportunities also available. The South Mall is located on Lehigh Street, minutes from Rt. 22, Rt. 309, and I-78.
    Location Intelligence

    Current Use by Public Records

    Staples Print & Marketing ... Print Shop The Cash Cow Vintage ... Toy Store Petco Reptile Store A1 Japanese Steak ... Japanese Restaurant Yocco's The Hot Dog ... Cheesesteak Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.4926407
    Latitude
    40.5542637

    Nearby Similar for Lease

    • $2,650 /Mo

      Allentown City Commercial Space Available

      Prime commercial space in Allentown's dynamic business district.
      207 N Front St, Allentown, PA 18102
      View Details
    • $500 /Mo
      16,204 SF

      Allentown City Professional Office Suites

      Furnished office suites for lease in wellness center.
      1702 W Walnut St, Allentown, PA 18104
      View Details
    • $14 SF/Yr
      31,189 SF

      Allentown City Class A Office

      Class A office building in West End Allentown available for lease.
      1226 W Green St, Allentown, PA 18102
      View Details
    • $2,200 /Mo
      49,441 SF

      Allentown Commercial Kitchen Rental

      Commercial kitchen rental with ballroom partnership potential in historic building.
      1524 W Linden St, Allentown, PA 18102
      View Details
    • $2,950 /Mo
      230,432 SF

      Unique Space with Commercial Kitchen

      Versatile space with commercial kitchen, suitable for various businesses.
      1183 Grange Rd, Allentown, PA 18106
      View Details
    • $17 SF/Yr

      Turn-Key Office Suite Available

      Class A office space with flexible layout in prime location.
      3500 Winchester Rd, Allentown, PA 18104
      View Details
    • $2,950 /Mo

      Allentown Commercial Space For Rent

      Commercial space suitable for contractors and property management companies.
      316 N Madison St, Allentown, PA 18102
      View Details
    • $1,050 /Mo
      49,441 SF

      Historic Allentown Office Space Available

      Move-in ready office space in a historic building.
      1524 W Linden St Unit, Allentown, PA 18102
      View Details
    • $15 SF/Yr
      18,208 SF

      Renovated Office Space in Allentown

      Completely renovated 4,600 SF office space with modern amenities.
      622 Union Blvd, Allentown, PA 18109
      View Details
    • $450 /Mo
      49,441 SF

      Historic Allentown Office Space Available

      Private 560 sq ft office space in historic building.
      1524 W Linden St Unit, Allentown, PA 18102
      View Details
    • $13 SF/Yr
      205,966 SF

      Versatile Commercial Space in Allentown

      7,000 SF space ideal for daycare, medical, or general office.
      1600 Lehigh Pkwy E, Allentown, PA 18103
      View Details
    • New
      $12 SF/Yr
      562,403 SF

      Retail Space in Allentown Mall

      Retail space available in active Allentown shopping destination.
      3300 Lehigh St, Allentown, PA 18103
      View Details

    FAQs

    What type of property is this?
    Shopping mall - Retail space for lease in Allentown's South Mall.
    Where is this shopping mall located?
    The property is located at 3300 Lehigh St, Unit 712 Allentown, PA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Anchor Tenant: Giant Foods coming soon, driving significant customer traffic.; - High-Traffic Location: Largest and most active shopping destination in Allentown's South Side.; - Diverse Tenant Mix: Features a mix of national, regional, and local retail tenants.
    (610) 435-1800
    Request Owner's contact information
    3300 Lehigh St, Unit 712 Allentown, PA 18103
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3300 Lehigh St, Unit 712
    Allentown, PA 18103
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3300 Lehigh St, Unit 712 Allentown, PA 18103
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    James J. Balliet
    (610) 435-1800
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.