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Neighborhood Retail Center with Signage
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1471 Lehigh St, Allentown, PA 18103

Well-established neighborhood shopping center offering space with minimum divisibility of 2,223 sf.

Space Size1,599 SF
Days on Market53

Property Features for 1471 Lehigh St

General Information

Standard status Active
Size 1,599 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 1471 Lehigh St Contact us

1471 Lehigh St $14/SF/Yr

Floor
1
Size
1,599 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Parkway Shopping Center is a well-established retail center located on Lehigh Street...
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Listing Agency: James Balliet Property Group
Listed By: James Balliet · License #PA RS227612L
Source: Moodyscre
Added: Jul 24 Changed: Sep 4 Last Checked: Sep 13 at 11:44AM

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 James Balliet Property Group

Investment Insights

Based on property information with market context.

Parkway Shopping Center is a neighborhood retail center built in 1953, featuring 28 stores and a total gross leasable area of 141,933 sf. Available space is offered with a minimum divisibility of 2,223 sf, within a retail center setting that includes pylon signage.

The center has 1,019’ of frontage on Lehigh St and sits at a signalized intersection with a dedicated turn lane. It is located at Lehigh St and Jefferson St in close proximity to I-78, Route 309, and Route 22.

The property is zoned B-4 and includes a mix of retail and service tenants. Current leasing includes several established operators, with Oak Street Health by Humana identified as coming soon.

Key Highlights

  • Neighborhood shopping center with gross leasable area of 141,933 SF and 28 stores
  • Min. divisible space of 2,223 SF for flexible tenant sizing
  • 24.55‑acre site zoned B‑4 with 1,019' frontage on Lehigh St

Property Analytics

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Current Use

Parkway Shopping Center Shopping Center & Mall Parkway Plaza Pharmacy Pharmacy UPS Access Point ... Courier Service

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Building Supply

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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

501
Businesses Nearby
72k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 57% Dining 42% Home Improvements & Furnishings 1%
Dollar Tree Shops & Services
22,302 visits/mo 0.1 miles
IHOP Dining
10,979 visits/mo 0.1 miles
Dunkin' Donuts Dining
10,024 visits/mo 0.1 miles
Arby's Dining
7,071 visits/mo 0.1 miles
Family Dollar Shops & Services
5,652 visits/mo 0.1 miles

Demographics for 18103, PA

48,358
Population
19,769
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
88%
High-School Grad
17.2 sq mi
ZIP Area
2,812
Density / Sq Mi
$72,545
Median Household Income
$38,377
Median Earnings
$1,333
Median Rent
$242,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Allentown, PA

$16.68 /SF/Yr
Avg Asking Price
$12–$22 /SF/Yr
Price Range
48,545 SF
Avg Space Size

This space is priced 16% below the average of $16.68 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM Redners Warehouse Markets, 2323 Lehigh St, Allentown, PA 18103
  • Merchants Square Mall 1901 S 12th St, Allentown, PA 18103
  • Parkway Shopping Center 1471 Lehigh St, Allentown, PA 18103

Frequently Asked Questions

What type of property is this?
Shopping center - Well-established neighborhood shopping center offering space with minimum divisibility of 2,223 sf.
Where is this shopping center located?
The property is located at 1471 Lehigh St Allentown, PA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Neighborhood shopping center with gross leasable area of 141,933 SF and 28 stores; Min. divisible space of 2,223 SF for flexible tenant sizing; 24.55‑acre site zoned B‑4 with 1,019' frontage on Lehigh St
(610) 972-6808 Call to check price and availability
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