Renovated Neighborhood Shopping
For Sale
Contact for pricing
1471 Lehigh St, Allentown, PA 18103
Established retail center with renovated lower-level space and access to major regional routes.
Property Size133,363 SF
Lot Size10.39 Acres
Days on Market144
Property Features for 1471 Lehigh St
General Information
Standard status
Active
Size
133,363 SF
Lot size
10.39 Acres
Property subtype
Retail
Site & Location
Anchor Co-Tenants
Family Dollar, Dollar Tree, Biomat USA, IHOP, Subway, Woodcraft, Hertz, H&R Block
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Newmark
Listed By:
Mark Schuessler · License #CA 02033871
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 12:19AM
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 Newmark
Investment Insights
Based on property information with market context.
Parkway Shopping Center is a fee-simple neighborhood retail property comprising 133,363 square feet across 10.39 acres. The center has received upgrades to its monument signage, parking lot, LED lighting, tenant suites, and other building components. A recently renovated 30,078-square-foot lower level provides additional space for potential industrial or warehouse uses.
The property is positioned along Lehigh Street in Allentown, with immediate access to I-78, Route 309, and Route 22. Family Dollar and Dollar Tree occupy a side-by-side concept at the center, while Biomat USA serves as another anchor. The tenant roster also includes IHOP, Subway, Woodcraft, Hertz, and H&R Block, along with regional restaurants, service businesses, and a swim school.
The property has more than 5 years of WALT and includes existing vacancy for lease-up. In-place rents are 16% below market, providing a defined leasing and rent-growth consideration.
The property is positioned along Lehigh Street in Allentown, with immediate access to I-78, Route 309, and Route 22. Family Dollar and Dollar Tree occupy a side-by-side concept at the center, while Biomat USA serves as another anchor. The tenant roster also includes IHOP, Subway, Woodcraft, Hertz, and H&R Block, along with regional restaurants, service businesses, and a swim school.
The property has more than 5 years of WALT and includes existing vacancy for lease-up. In-place rents are 16% below market, providing a defined leasing and rent-growth consideration.
Key Highlights
- 133,363‑square‑foot neighborhood shopping center on 10.39 acres
- 30,078‑square‑foot lower level was recently renovated for potential industrial or warehouse uses
- Anchored by Family Dollar, Dollar Tree, and Biomat USA
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
501
Businesses Nearby
72k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Shopping center - Established retail center with renovated lower-level space and access to major regional routes.
Where is this shopping center located?
The property is located at 1471 Lehigh St Allentown, PA.
What are key features of this property?
This property features: 133,363‑square‑foot neighborhood shopping center on 10.39 acres; 30,078‑square‑foot lower level was recently renovated for potential industrial or warehouse uses; Anchored by Family Dollar, Dollar Tree, and Biomat USA
