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Allentown Retail, Office, Medical Space
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1302 Hanover Ave, Allentown, PA 18109

70,612 SF retail, office, and medical space for lease.

Space Size2,428 SF
Property Size70,612 SF
Days on Market1492

Property Features for 1302 Hanover Ave

General Information

Standard status Active
Size 2,428 SF
Total Parking Spaces 342
Property subtype Retail, Office
Lease Type NNN

Building Details

Building Size 70,612 SF
Tenancy Multiple

Spaces For Lease

at 1302 Hanover Ave Contact us

Building C: Suite 1354

Size
2,428 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Larken Associates
Listed By: Victor Kelly · License #NJ
Source: Crexi
Added: Jul 13, 2022 Changed: Aug 8 Last Checked: May 12 at 10:05PM

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 Larken Associates

Investment Insights

Based on property information with market context.

Allentown Commons provides approximately 70,612 square feet of retail, office, and medical space available for lease. Located in Lehigh County, this community-based shopping center is positioned within a densely populated residential area of Allentown, Pennsylvania. The property benefits from convenient access to Routes 22, 33, 78, and 309. The complex consists of a one-story, five-building retail structure featuring large storefront windows and professionally landscaped grounds, offering businesses significant visibility. Built-to-suit spaces are available and can be custom designed to meet specific requirements.

Key Highlights

  • Tremendous visibility
  • Readily accessible from Routes 22, 33, 78 and 309
  • Located in a densely populated residential area

Property Analytics

Current Use

HNL Lab Medicine ... Laboratory Valley Fresh Laundromat (Bike/Boat/Book/etc) Store Allentown Commons Shopping Center & Mall Citibank ATM Atm Popeyes Louisiana Kitchen Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Locksmith

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

869
Businesses Nearby

Demographics for 18109, PA

18,915
Population
7,395
Households
2.6
Avg Household Size
37
Median Age
19%
College-Educated
80%
High-School Grad
8.2 sq mi
ZIP Area
2,307
Density / Sq Mi
$55,437
Median Household Income
$36,632
Median Earnings
$1,239
Median Rent
$180,200
Median Home Value

Market

Lease Benchmarks for Allentown, PA

$18.21 /SF/Yr
Avg Asking Price
$5.43–$30 /SF/Yr
Price Range
8,412 SF
Avg Space Size

This space is priced 18% below the average of $18.21 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 70,612 SF retail, office, and medical space for lease.
Where is this retail space located?
The property is located at 1302 Hanover Ave Allentown, PA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Tremendous visibility; Readily accessible from Routes 22, 33, 78 and 309; Located in a densely populated residential area
(908) 874-8686 Call to check price and availability
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