Freestanding Office Building
For Sale
$1,250,000
2211 Mack Boulevard, Allentown, PA 18103
Fully leased office building in high-demand commercial corridor.
Property Size9,474 SF
Price / SF$131.94
Days on Market228
Property Features for 2211 Mack Boulevard
General Information
Standard status
Active
Size
9,474 SF
Property subtype
Office
Building Details
Year Built
1975
Listed By:
Jennifer Kennedy · License #PA #AB068755
(610) 217-9454
Source:
Naiglobal
Added: Mar 6
Changed: Jul 10
Last Checked: Oct 19 at 4:35AM
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 Jennifer Kennedy
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Investment Insights
Based on property information with market context.
This approximately 9,474-square-foot freestanding office building is offered for sale as a stabilized investment. The property is fully leased and situated on a prominent corner lot with ample on-site parking. It is handicapped accessible and served by public utilities. The building benefits from a well-established tenant and is professionally managed. Located near Lehigh Street and I-78, the building is positioned within a high-demand commercial corridor with excellent surrounding amenities, supporting long-term occupancy and value retention. The location provides convenient access to Routes 145, 78, 309, 22 and 222.
Key Highlights
- Fully leased as a stabilized investment property.
- Located in a high‑demand commercial corridor near Lehigh Street and I‑78.
- Freestanding ±9,474‑square‑foot office building on a prominent corner lot.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,432
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,028,640
$1.0M
Cap Rate 7%
$734,743
$734.7K
Cap Rate 9%
$571,467
$571.5K
Market Conditions
NOI Build-Up for 9,474 SF
Gross rent
$73.9K $7.80/SF
− Vacancy
−$5.3K −$0.56/SF
EGI
$68.6K $7.24/SF
− OpEx
−$17.1K −$1.81/SF
NOI
$51.4K $5.43/SF
Area
Allentown, PA
Vacancy
7.20%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,028,640
Cap Rate 7%
$734,743
Cap Rate 9%
$571,467
Alternative Uses
Best Use
Office B
$734.7K
$642.9K – $857.2K
NOI $51,432 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.86M
$1.63M – $2.17M
NOI $130,286 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
461
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Fully leased office building in high-demand commercial corridor.
Where is this office building located?
The property is located at 2211 Mack Boulevard Allentown, PA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Fully leased as a stabilized investment property.; Located in a high‑demand commercial corridor near Lehigh Street and I‑78.; Freestanding ±9,474‑square‑foot office building on a prominent corner lot.
