Retail Strip Center
For Sale
Contact for pricing
822 NAZARETH PIKE, Nazareth, PA 18064
Lease space of about 3,000 SF offers flexible open layout, two ADA restrooms, and ample storage.
Property Size1,696 SF
Price / SF$0.01
Days on Market94
Property Features for 822 NAZARETH PIKE
General Information
Standard status
Active
Size
1,696 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1959
Tenancy
Multi
Listing Agency:
Keller Williams Real Estate - Allentown
Listed By:
AYON Abraham CODNER · License #RS324477
(610) 435-1800
Source:
Cummingsrealtors
Added: Jul 18
Changed: Oct 19
Last Checked: Oct 19 at 10:35AM
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 Keller Williams Real Estate - Allentown
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Investment Insights
Based on property information with market context.
Retail space is available for lease at a strip center on Nazareth Pike in Nazareth, PA. The offering is approximately 3,000 SF and features a flexible open floor plan with two ADA restrooms and ample storage, giving tenants room to tailor the layout to their operational needs.
The center is located on heavily traveled Route 191 with convenient access to Routes 33, 22, and 248. The retail mix includes Enterprise Rental Car, Happy Nail, New Kim Spa, Good Guys Vape, and Nazareth Pizza, along with additional tenants.
The space is suited to a variety of retail and service uses, including beer distribution, medical office, and fitness/wellness concepts, based on the configurations and amenities described in the listing.
The center is located on heavily traveled Route 191 with convenient access to Routes 33, 22, and 248. The retail mix includes Enterprise Rental Car, Happy Nail, New Kim Spa, Good Guys Vape, and Nazareth Pizza, along with additional tenants.
The space is suited to a variety of retail and service uses, including beer distribution, medical office, and fitness/wellness concepts, based on the configurations and amenities described in the listing.
Key Highlights
- About 3,000 SF retail lease space in Nazareth, PA
- Flexible open floor plan with two ADA restrooms
- Ample storage included in the leased space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,385
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,700
$247.7K
Cap Rate 7%
$176,929
$176.9K
Cap Rate 9%
$137,611
$137.6K
Market Conditions
NOI Build-Up for 1,696 SF
Gross rent
$22.4K $13.20/SF
− Vacancy
−$1.7K −$1.03/SF
EGI
$20.6K $12.17/SF
− OpEx
−$8.3K −$4.87/SF
NOI
$12.4K $7.30/SF
Area
Northampton County, PA
Vacancy
7.80%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,700
Cap Rate 7%
$176,929
Cap Rate 9%
$137,611
Alternative Uses
Best Use
Office B
$251.3K
$219.9K – $293.2K
NOI $17,592 @ 7.0% cap · market cap 109,950.00%
Second Best
Retail
$187.6K
$164.2K – $218.9K
NOI $13,135 @ 7.0% cap · market cap 82,093.75%
Theoretical Best
Office A
$321.7K
$281.5K – $375.3K
NOI $22,517 @ 7.0% cap · market cap 140,731.25%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
277
Businesses Nearby
Explore this area
Business Placement
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
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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?
Strip mall - Lease space of about 3,000 SF offers flexible open layout, two ADA restrooms, and ample storage.
Where is this strip mall located?
The property is located at 822 NAZARETH PIKE Nazareth, PA.
What are key features of this property?
This property features: About 3,000 SF retail lease space in Nazareth, PA; Flexible open floor plan with two ADA restrooms; Ample storage included in the leased space
