NNN Restaurant
For Sale
Contact for pricing
1229 SCHADT AVE, Whitehall, PA 18052
Occupied by a multi-unit Arby's franchisee under a NNN lease structure.
Property Size3,117 SF
Price / SF$465.19
Days on Market82
Property Features for 1229 SCHADT AVE
General Information
Standard status
Active
Size
3,117 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$102,000
Building Details
Year Built
2005
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Colliers - Allentown, Pennsylvania
(484) 273-3567
Listed By:
Seth Lacey · License #PA RS341713
Source:
Crexi
Added: Jun 11
Changed: Aug 30
Last Checked: Aug 30 at 2:21PM
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 Colliers - Allentown, Pennsylvania
Investment Insights
Based on property information with market context.
The 3,117-square-foot restaurant property at 1229 Schadt Ave in Whitehall, Pennsylvania, was built in 2005. The asset is occupied by a multi-unit Arby's franchisee under a net lease structure with no landlord responsibilities identified.
The initial lease term has approximately 7 years remaining and includes four additional 5-year renewal options. The property is currently fully leased.
The initial lease term has approximately 7 years remaining and includes four additional 5-year renewal options. The property is currently fully leased.
Key Highlights
- 3,117‑square‑foot restaurant property built in 2005
- 100% leased to a multi‑unit Arby's franchisee
- Approximately 7 years remain on the initial lease term
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
727
Businesses Nearby
847k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 24%
Superstores 22%
Shops & Services 20%
Dining 15%
Walmart
Superstores
149,138 visits/mo
0.2 miles
T.J. Maxx
Apparel
49,772 visits/mo
0.3 miles
Giant Food Store
Groceries
48,280 visits/mo
0.4 miles
Kohl's
Apparel
46,077 visits/mo
0.5 miles
DICK'S Sporting Goods
Apparel
40,917 visits/mo
0.4 miles
Demographics for 18052, PA
29,317
Population
12,193
Households
2.4
Avg Household Size
42
Median Age
27%
College-Educated
92%
High-School Grad
12.8 sq mi
ZIP Area
2,290
Density / Sq Mi
$69,499
Median Household Income
$39,491
Median Earnings
$1,387
Median Rent
$247,100
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?
NNN property - Occupied by a multi-unit Arby's franchisee under a NNN lease structure.
Where is this nnn property located?
The property is located at 1229 SCHADT AVE Whitehall, PA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 3,117‑square‑foot restaurant property built in 2005; 100% leased to a multi‑unit Arby's franchisee; Approximately 7 years remain on the initial lease term
