Easton Medical Office
For Sale
Contact for pricing
3729 Nazareth Rd, Easton, PA 18045
Adaptable medical office building with surgery center and expansion potential.
Property Size36,748 SF
Price / SF$163.27
Days on Market1060
Property Features for 3729 Nazareth Rd
General Information
Standard status
Active
Size
36,748 SF
Property subtype
Office
Building Details
Year Built
1995
Listing Agency:
SVN | Imperial Realty
(484) 245-1002
Listed By:
Tom Skeans, CCIM · License #PA RS273976
Source:
Crexi
Added: Sep 6, 2023
Changed: Jul 10
Last Checked: Jul 30 at 6:50AM
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 SVN | Imperial Realty
Investment Insights
Based on property information with market context.
Located at 3729 Easton Nazareth Hwy, Easton, PA, this commercial property presents an opportunity for healthcare professionals. Constructed in 2002, this nearly 37,000 sq. ft. building is designed as a professional medical office. The third floor features a turnkey surgery center, equipped with four operating rooms, pre- and post-operative areas, treatment rooms, and staff facilities, including a lounge and locker rooms. The property offers potential for future expansion, making it suitable for owner-users and investors. Convenient highway access and proximity to Lehigh Valley Hospital - Oaks enhance its desirability. The surrounding area includes a business community and cultural amenities. Ample onsite parking is available. Imaging and radiology equipment are already installed. This property is a valuable investment opportunity for those in the healthcare sector.
Key Highlights
- Turnkey surgery center featuring 4 operating rooms and staff facilities.
- Spacious, nearly 37,000 sq. ft. adaptable professional medical office building.
- Convenient location with easy highway access and proximity to Lehigh Valley Hospital - Oaks.
Financial Insights For Healthcare Medical
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 | $485.1k | $13.20 |
| − Vacancy | −$37.8k | −$1.03 |
| EGI | $447.2k | $12.17 |
| − OpEx | −$178.9k | −$4.87 |
| NOI | $268.3k | $7.30 |
36,748 SF · lease $13.20/SF/yr · vacancy 7.80% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$3.83M
$3.35M – $4.47M
NOI $268,343 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.97M
$6.10M – $8.13M
NOI $487,896 @ 7.0% cap · market cap 8.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
652
Businesses Nearby
Explore this area
Business Placement
Demographics for 18045, PA
30,317
Population
12,250
Households
2.5
Avg Household Size
46
Median Age
44%
College-Educated
95%
High-School Grad
19.3 sq mi
ZIP Area
1,571
Density / Sq Mi
$109,068
Median Household Income
$57,146
Median Earnings
$1,802
Median Rent
$301,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Adaptable medical office building with surgery center and expansion potential.
Where is this medical center located?
The property is located at 3729 Nazareth Rd Easton, PA.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Turnkey surgery center featuring 4 operating rooms and staff facilities.; Spacious, nearly 37,000 sq. ft. adaptable professional medical office building.; Convenient location with easy highway access and proximity to Lehigh Valley Hospital - Oaks.
