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    1285 Airport Rd Allentown, PA 18109

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    For Lease
    Contact for pricing

    Allentown, PA: Prime Retail Space Available

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Airport Plaza offers a unique investment opportunity in Allentown, PA. This Class B retail property, situated on a high-traffic section of Airport Road, boasts a prominent location directly across from Coca-Cola Park. The property consists of a two-acre lot currently housing a Redner's and Family Dollar anchored shopping center. A significant opportunity exists for expansion: a 20,000 square foot pad site is available for ground lease, or the owner will build-to-suit for credit tenants. This presents a compelling option for businesses seeking a high-visibility location with significant potential for growth. Additionally, a smaller, 1,600 square foot inline retail space is immediately available for lease. The property is zoned B-4, making it suitable for a variety of uses, including automotive, medical, and retail establishments. The two-acre lot provides ample space for development, and the existing tenancy provides a strong foundation for a thriving retail center. This is an exceptional chance to secure a prime location in a busy and established commercial area. The property's high visibility and convenient location make it an ideal choice for businesses seeking to establish a strong presence in the Allentown market. Contact us to discuss lease terms and build-to-suit options.

    Property Features for 1285 Airport Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF
    Class
    B

    Unit(s) available at that property

    Space
    20,000 SF or 2 Acre Pad Site
    Size
    20,000 SF

    HighLights

    • High‑visibility location across from Coca‑Cola Park on Airport Road.
    • Build‑to‑suit option for credit tenants.
    • Two‑acre pad site available for ground lease.
    • 1,600 square foot inline retail space available for lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.440652521047
    Latitude
    40.629736927998

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    FAQs

    What type of property is this?
    Neighborhood center - Allentown, PA: Prime Retail Space Available
    Where is this neighborhood center located?
    The property is located at 1285 Airport Rd Allentown, PA.
    What are key features of this property?
    This property features: High-visibility location across from Coca-Cola Park on Airport Road.; Build-to-suit option for credit tenants.; Two-acre pad site available for ground lease.
    Request Owner's contact information
    1285 Airport Rd Allentown, PA 18109
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    Allentown, PA 18109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1285 Airport Rd Allentown, PA 18109
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