Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3729 Nazareth Rd Easton, PA 18045

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Lehigh Valley medical suites.

    Lot size:
    36,748 SF

    Property Features for 3729 Nazareth Rd

    General Information

    Property type
    Medical Office Space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    36,748 SF
    Class
    A
    Total Rate
    48997.33

    Building Details

    Year Built
    1995
    Buildings
    1
    Stories
    4

    Spaces For Lease

    at 3729 Nazareth Rd, Easton, PA 18045 Contact us
    Unit Lower Level

    $16 /Mo

    Size
    5,000 SF
    Contact us
    Unit Surgery Center

    $35 /Mo

    Size
    10,000 SF
    Contact us
    Unit Radiology - Possible Vet Clinic

    $25 /Mo

    Size
    7,500 SF
    Contact us
    Unit Former Medical Spa and Imaging

    $20 /Mo

    Size
    7,500 SF
    Contact us

    We can help!

    Listing Contact
    Tom Skeans, Ccim
    Tom Skeans, Ccim

    Listing Agency: SVN | Imperial Realty Listing Agent: Tom Skeans, Ccim

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This Class A, four-story medical office building, totaling 36,748 square feet, is situated on a 3.87-acre lot at 3729 Easton Nazareth Hwy (Rt. 248), Easton, PA 18045. The property features eight suites, with 20,000 square feet currently vacant, offering flexible space options ranging from 1,250 to 10,000 contiguous square feet. A 12-foot ceiling height provides ample space, complemented by one elevator and 60 parking spaces. Built in 1995, the building boasts a desirable location within the Allentown, Bethlehem, Easton submarket cluster of the Lehigh Valley. The property is zoned commercial (APN: L8SE2 29 3 0324) and offers an excellent opportunity for medical practices of various sizes. The building's convenient location and ample space make it ideal for a variety of medical uses, including orthopedic, joint replacement, and other outpatient surgical practices. Taxes are $2.50 per square foot. This turnkey opportunity presents a chance to establish or expand a medical practice in a thriving area. The building's multiple suites allow for flexibility in tenant needs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Star Open Mri Physician Northwood Surgery Center Medical Clinic Manu Prabat Vachhani Physician Dr. Thomas Walden Physician Dr. Jose Bastidas Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Easton
    County
    Northampton
    State
    Pennsylvania
    Longitude
    -75.281159970537
    Latitude
    40.710423161912

    Nearby Similar for Lease

    • $12 SF/Yr
      1,615 SF

      Easton Office Space For Lease

      1,615 SF office space available in Easton, Pennsylvania.
      484 2Nd St, Easton, PA 18045
      View Details
    • $16 SF/Yr
      2,516 SF

      Easton, PA Office/Retail Space

      2,516 SF office/retail space available for immediate lease.
      4003 William Penn Hwy, Easton, PA 18045
      View Details
    • $12 SF/Yr
      3,234 SF

      Easton, PA Medical/Office Space

      3,234 SF second-floor space ideal for medical or professional services.
      1104 2Nd St, Easton, PA 18045
      View Details
    • $16 SF/Yr
      965 SF

      Easton, PA Office/Medical Suites

      Office and medical suites available for lease in Easton, PA.
      1108 Van Buren Rd, Easton, PA 18045
      View Details
    • $10 SF/Yr
      6,752 SF

      Palmer Twp Office Space Available

      Second-floor office space for lease with ample parking.
      4009 William Penn Hwy, Palmer Twp, PA 18045
      View Details
    • $10 SF/Yr
      1,567 SF

      Restored Office Space in Easton

      Office space in restored historic farm buildings with ample parking.
      4013 William Penn #2 Fl Hwy, Easton, PA 18045
      View Details
    • $12 SF/Yr
      1,807 SF

      Easton, PA Office/Medical Suites

      Office and medical suites available for lease in Easton, PA.
      1108 Van Buren #201 Rd, Easton, PA 18045
      View Details
    • $10 SF/Yr
      1,425 SF

      Easton Office Space For Rent

      Office space available in restored historic farm buildings complex.
      4013 William Penn #2 Fl Hwy, Easton, PA 18045
      View Details
    • $10 SF/Yr

      Restored Office Space in Palmer

      Office space in restored historic farm buildings with ample parking.
      4013 2Nd St, Palmer Twp, PA 18045
      View Details
    • $12 SF/Yr

      Easton, PA Office/Medical Suites

      Office and medical suites available for lease in Easton, PA.
      1108 Van Buren Rd, Palmer Twp, PA 18045
      View Details
    • $16 SF/Yr
      15,159 SF

      Office/Retail Space on William Penn

      Office or retail space available for immediate lease in Palmer.
      4003 William Penn Hwy, Palmer Twp, PA 18045
      View Details
    • $550 /Mo
      1,002 SF

      Converted Office Space For Rent

      Professional office space with parking and included utilities.
      206 S 16Th St, Easton, PA 18042
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Prime Lehigh Valley medical suites.
    Where is this medical office space located?
    The property is located at 3729 Nazareth Rd Easton, PA.
    What is the lease rate?
    The lease rate is $16-$35 SF/Yr.
    What are key features of this property?
    This property features: Class A, 36,748 SF medical office building on a 3.87-acre lot in Easton, PA.; 20,000 SF of vacant space available, with suites ranging from 1,250 to 10,000 contiguous SF.; Features include 12-foot ceilings, one elevator, and 60 parking spaces.
    (484) 245-1002 Call to check price and availability
    Request Owner's contact information
    3729 Nazareth Rd Easton, PA 18045
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3729 Nazareth Rd
    Easton, PA 18045
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    3729 Nazareth Rd Easton, PA 18045
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Tom Skeans, Ccim
    Tom Skeans, Ccim
    Real Estate License ID: #RS273976
    (484) 245-1002 (484) 245-1000 (484) 245-1003
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!