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    1251 Airport Rd Allentown, PA 18109

    Sponsored
    For Lease
    Contact for pricing

    Allentown Shopping Center Opportunity

    Lot size:
    87,742 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Airport Plaza, a thriving shopping center in Lehigh County, offers a prime retail opportunity. This 87,742 square foot center boasts a high-traffic location at the well-lit intersection of Airport Road (23,464 vehicles per day) and East Congress Street (3,140 vehicles per day), ensuring excellent visibility. The property features seven suites, with a minimum divisible space of 1,911 square feet and a total of 19,315 square feet currently vacant. Strategically located near Route 22, providing easy access to major metropolitan areas like New York and Philadelphia, Airport Plaza benefits from its proximity to significant employers such as Lehigh Valley Health Network, St. Luke's Hospital, and Amazon. The center is anchored by Redner's Warehouse Markets, offering a strong draw for customers seeking grocery, gas, and convenience items. Complementing Redner's are established tenants Rent-A-Center and Airport Pawn, catering to diverse consumer needs. A 2018 census reveals that approximately 10% of consumer expenditures within a 3-mile radius were allocated to vehicle purchases, indicating a robust local market. This presents a unique chance to establish or expand your business within a well-established and high-traffic retail environment. The available space ranges from 1,911 to 10,715 square feet, offering flexibility for various retail concepts.

    Property Features for 1251 Airport Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    87,742 SF

    Unit(s) available at that property

    Space
    1193
    Size
    10,715 SF

    HighLights

    • High‑visibility location at the lighted intersection of Airport Road (23,464 VPD) and East Congress Street (3,140 VPD).
    • Excellent access to Route 22 in the Lehigh Valley.
    • 87,742 square feet of gross leasable area (GLA).
    • Proximity to major employers: Lehigh Valley Health Network, St. Luke's Hospital, and Amazon.
    • Join established tenants Redner's and Rent‑A‑Center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Platinum Plus Night Club Airport Plaza Shopping ... Shopping Mall

    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
    -75.440265878126
    Latitude
    40.629773873863

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    FAQs

    What type of property is this?
    Lifestyle center - Allentown Shopping Center Opportunity
    Where is this lifestyle center located?
    The property is located at 1251 Airport Rd Allentown, PA.
    What are key features of this property?
    This property features: High-visibility location at the lighted intersection of Airport Road (23,464 VPD) and East Congress Street (3,140 VPD).; Excellent access to Route 22 in the Lehigh Valley.; 87,742 square feet of gross leasable area (GLA).
    Request Owner's contact information
    1251 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
    1251 Airport Rd Allentown, PA 18109
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