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Restaurant Building with Parking

580 South Broad Street, Nazareth, PA 18064

For Lease
$23 SF/Yr NNN

A former restaurant at a signalized junction is offered under a triple-net lease.

Space SizeContact for details
Property Size2,485 SF
Days on Market2216

Property Features for 580 South Broad Street

General Information

Standard status Active
Size 2,485 SF
Total Parking Spaces 35
Property subtype Commercial
Lease Type NNN

Property Condition

Severity Repairs Needed
Evidence will require some renovation

Additional Details

Space Use Restaurant
Corner Location Yes

Building Details

Building Size 2,485 SF
Year Built 1989
Listing Agency: Keller Williams Allentown
Listed By: James J. Balliet · License #PA RS227612L
Source: Redstonerun
Added: Oct 16, 2020 Changed: Nov 7 Last Checked: Nov 8 at 9:38PM

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 Keller Williams Allentown

Rey
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Investment Insights

Based on property information with market context.

This 2,485-square-foot restaurant property was built in 1989 and will require renovation. The former Pizza Hut site has dedicated parking for 35 vehicles and is available on a triple-net lease, with the tenant responsible for property taxes, insurance, and common-area maintenance.

The property is at 580 South Broad Street in Nazareth, at the signalized meeting of Route 191 and Route 248. The building may also be converted to medical or professional office use.

Key Highlights

  • 2,485‑square‑foot former restaurant building
  • Dedicated parking for 35 vehicles
  • At the signalized intersection of Route 191 and Route 248

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Restaurant Dental Office Spa & Massage Center Auto Parts Store Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

105
Businesses Nearby
Under-served
Demand for This Use

Demographics for 18064, PA

27,696
Population
10,659
Households
2.6
Avg Household Size
46
Median Age
38%
College-Educated
94%
High-School Grad
38.5 sq mi
ZIP Area
719
Density / Sq Mi
$102,857
Median Household Income
$58,471
Median Earnings
$1,235
Median Rent
$354,700
Median Home Value

Market

Average Price Trend$/SF/Yr for Conventional restaurants in Northampton County, PA

$16.93 Jul
$21.76 Aug
$21.46 Sep
$20.28 Oct

Properties on Market for Conventional restaurants in Northampton County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A former restaurant at a signalized junction is offered under a triple-net lease.
Where is this conventional restaurant located?
The property is located at 580 South Broad Street Nazareth, PA.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: 2,485‑square‑foot former restaurant building; Dedicated parking for 35 vehicles; At the signalized intersection of Route 191 and Route 248
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