Turnkey Standalone Restaurant
For Sale
Contact for pricing
3941 Chestnut St, Emmaus, PA 18049
Turnkey standalone restaurant pad site with indoor seating for 187 and C zoning.
Property Size6,326 SF
Price / SF$276.64
Days on Market1114
Property Features for 3941 Chestnut St
General Information
Standard status
Active
Size
6,326 SF
Property subtype
RETAIL
Zoning
C
Listing Agency:
Colliers | Allentown
(610) 657-8473
Listed By:
Derek Zerfass · License #RS300857
(610) 657-8473
Source:
Moodyscre
Added: Jul 14, 2023
Changed: Jul 28
Last Checked: Jul 28 at 9:49AM
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 Colliers | Allentown
Investment Insights
Based on property information with market context.
This is a turnkey pad site for a standalone restaurant, positioned for immediate restaurant use. The property includes indoor restaurant seating for 187.
The site sits at a lighted intersection of Chestnut St. and Ramer Rd. It is zoned for commercial use under zoning code C.
As configured, it is well-suited for an operator seeking a ready-to-open standalone restaurant setup on a commercial zoned pad site.
The site sits at a lighted intersection of Chestnut St. and Ramer Rd. It is zoned for commercial use under zoning code C.
As configured, it is well-suited for an operator seeking a ready-to-open standalone restaurant setup on a commercial zoned pad site.
Key Highlights
- Standalone restaurant pad site at the lighted intersection of Chestnut St. and Ramer Rd.
- Zoned C (commercial).
- Indoor restaurant seating for 187.
Financial Insights For Specialty 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 | $72.9k | $11.52 |
| − Vacancy | −$5.4k | −$0.85 |
| EGI | $67.5k | $10.67 |
| − OpEx | −$16.9k | −$2.67 |
| NOI | $50.6k | $8.00 |
6,326 SF · lease $11.52/SF/yr · vacancy 7.40% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$723.0K
$632.7K – $843.5K
NOI $50,612 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Mixed Use
$930.3K
$814.0K – $1.09M
NOI $65,118 @ 7.0% cap · market cap 3.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
804
Businesses Nearby
13k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 81%
Shops & Services 19%
Burger King
Dining
9,289 visits/mo
0.5 miles
Advance Auto Parts
Shops & Services
2,504 visits/mo
0.4 miles
Domino's Pizza
Dining
1,462 visits/mo
0.4 miles
Demographics for 18049, PA
18,440
Population
7,659
Households
2.4
Avg Household Size
43
Median Age
38%
College-Educated
94%
High-School Grad
15.0 sq mi
ZIP Area
1,229
Density / Sq Mi
$93,924
Median Household Income
$44,310
Median Earnings
$1,316
Median Rent
$282,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey standalone restaurant pad site with indoor seating for 187 and C zoning.
Where is this conventional restaurant located?
The property is located at 3941 Chestnut St Emmaus, PA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Standalone restaurant pad site at the lighted intersection of Chestnut St. and Ramer Rd.; Zoned C (commercial).; Indoor restaurant seating for 187.