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Multi-Tenant Retail Center
For Lease
$14 SF/Yr

1471 Lehigh Street, Allentown, PA 18103

CommercialLease, Allentown City, PA

Space SizeContact for details
Days on Market800

Property Features for 1471 Lehigh Street

General Information

Property type Commercial Lease
Property subtype Retail
Parking features Parking Lot
Elementary school district Allentown
Middle school district Allentown
High school district Allentown
Directions From Allentown - I 78 to Lehigh Street exit L at stop light on to Lehigh Street property located on R at light to turn onto 15th Street.
Subdivision Allentown-South
Standard status Active
APN 549691278849 001

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1959
Listing Agency: Keller Williams Allentown · Keller Williams Realty
Listed By: Michael D. Sheftel · License #RS328844
Added: Jun 12, 2024 Changed: Aug 19 Last Checked: Aug 20 at 10:06PM
MLS# 739687

Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Parkway Shopping Center is a multi-tenant retail property available for lease at 1471 Lehigh Street. The center was built in 1959 and includes a parking lot, central air conditioning, and natural gas heating. Public water and public sewer serve the property.

The tenant roster includes Arby's, Dunkin', Dollar Tree, Family Dollar, IHOP, Bang Bang Hibachi, Subway, Palumbo Pizza, H&R Block, Five Star Swim School, KedPlasma Plasma Center, The Lehigh School Daycare, ERG Staffing, and State Farm Insurance. The center sits at Lehigh Street and Jefferson Street, with proximity to I-78, Route 309, and Route 22.

Key Highlights

  • Established multi‑tenant retail center available for lease
  • Tenant roster includes Arby's, Dunkin', Dollar Tree, Family Dollar, and IHOP
  • Additional occupants include restaurants, service businesses, daycare, and a plasma center

Property Analytics

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

Market

Lease Benchmarks for Allentown, PA

$16.91 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
26,301 SF
Avg Space Size

This space is priced 17% below the average of $16.91 /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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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

Frequently Asked Questions

What type of property is this?
Shopping center - Lehigh Street center offers parking, central air, natural gas heat, and public water and sewer.
Where is this shopping center located?
The property is located at 1471 Lehigh Street Allentown, PA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Established multi‑tenant retail center available for lease; Tenant roster includes Arby's, Dunkin', Dollar Tree, Family Dollar, and IHOP; Additional occupants include restaurants, service businesses, daycare, and a plasma center
More about this property
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