1735 South 4th Street, Allentown, PA 18103
For sale depreciable retail asset with a recent lease extension under an absolute NNN structure.
- Added:
- Jun 15, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 20 at 1:55 am
Property Features for 1735 South 4th Street
General Information
- Standard status
- Active
- Size
- 8,320 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2018
Listing agent Derrick Dougherty License #PA RS305854
Listing office Marcus & Millichap - Philadelphia
Listing date Jun 15, 2026
Source Crexi
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 Marcus & Millichap - Philadelphia
HighLights
- 2018‑built depreciable retail asset
- Recent lease extension
- Absolute NNN lease structure
Overview
The property is located at 1735 South 4th Street in Allentown, Pennsylvania. The listing size is 8,320 square feet, and the transaction is structured as a for-sale offering.
For investors seeking a straightforward NNN retail acquisition, the key consideration here is the presence of a recent lease extension tied to an absolute NNN arrangement. That combination may be relevant for those looking to own a retail asset under a structure designed to shift many operating responsibilities to the tenant, while maintaining tenant continuity from the extended lease term. As with any NNN retail investment, prospective buyers should confirm all lease terms, rent details, and responsibility schedules during due diligence.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $154.8k | $18.60 |
| − Vacancy | −$8.4k | −$1.00 |
| EGI | $146.4k | $17.60 |
| − OpEx | −$43.9k | −$5.28 |
| NOI | $102.5k | $12.32 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.4575156
- Latitude
- 40.5833222
