Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Saucon Valley Title is generated by Realmo AI

    3600 PA-378, Bethlehem, PA 18015

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    End-cap retail space with high ceilings and convenient access.

    Type:Retail
    Property size:
    1,800 SF
    Added:
    Jan 31, 2023
    Days on Market:
    1215
    Last Refresh:
    May 12 at 9:32 pm

    Property Features for 3600 PA-378

    General Information

    Standard status
    Active
    Size
    1,800 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1984

    Spaces For Lease

    at 3600 PA-378 Contact us

    $18/Mo

    Size
    1,800 SF
    Type
    Retail
    Contact us

    We can help!

    Listing Contact
    Ayon A Codner

    Listing agent Ayon A Codner License #RS324477

    Listing office KW Keller Williams Real Estate

    Listing date Jan 31, 2023

    Source Crexi

    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 KW Keller Williams Real Estate

    HighLights

    • Located at the signalized intersection of Route 378 & Black River Road in affluent Saucon Valley.
    • End‑cap unit with 1,800 SF of retail space.
    • High ceilings and three‑phase electric.
    • Easy loading/off‑loading area.
    • Convenient access to I‑78 and Route 309.
    • Join established businesses such as Speedway Convenience Store and Mario's Pizza Cafe.

    Overview

    This 1,800 square foot end-cap retail space features high ceilings and three-phase electric power. It includes an easy loading and off-loading area. The space is suitable for a variety of retail and office uses. The property is located at the signalized intersection of Route 378 and Black River Road in Saucon Valley, offering convenient access to I-78 and Route 309. Current tenants include Speedway Convenience Store, Mario's Pizza Cafe, Ace Cleaners, North Saucon Animal Hospital, Richard Kroll Jr. Hair Design, Arts Cafe, LA Nails Spa, and Oriental Gourmet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Bethlehem
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.372
    Latitude
    40.5862

    Nearby Similar for Lease

    • $20 SF/Yr
      6,681 SF

      Bethlehem Retail Space For Lease

      Prime retail space with high visibility and foot traffic.
      509 Wyandotte Street, Bethlehem, PA 18015
      View Details
    • $25 SF/Yr
      7,000 SF

      Flatiron Building Executive Office Space

      Professionally built-out office space in SouthSide Bethlehem's Flatiron Building.
      301 Broadway, Bethlehem City, PA 18015
      View Details
    • $28 SF/Yr
      2,962 SF

      Bethlehem City Restaurant Space Available

      Restaurant space for lease in Schoenersville Centre.
      3211 Schoenersville Road, Bethlehem City, PA 18017
      View Details
    • $25 SF/Yr
      2,000 SF

      Bethlehem City Office Space Available

      Third-floor office suite in historic SouthSide Bethlehem building.
      301 Broadway, Bethlehem City, PA 18015
      View Details
    • $20 SF/Yr
      6,500 SF

      Bethlehem City Mixed-Use Commercial Space

      Historic mixed-use building for lease in South Side Bethlehem.
      13 15 E 3rd Street, Bethlehem City, PA 18015
      View Details
    • $20 SF/Yr
      14,250 SF

      Bethlehem City Mixed-Use Commercial Space

      Historic mixed-use building in the heart of South Side Bethlehem.
      13 15 E 3rd Street, Bethlehem City, PA 18015
      View Details
    • $20 SF/Yr
      7,600 SF

      Bethlehem City Mixed-Use Commercial Space

      Historic mixed-use building in the heart of South Side Bethlehem.
      13 15 E 3rd Street, Bethlehem City, PA 18015
      View Details
    • $24 SF/Yr
      3,100 SF

      Historic Mixed-Use Building in Bethlehem

      Commercial space for lease in high-traffic Bethlehem location.
      13 15 E 3rd Street, Bethlehem City, PA 18015
      View Details
    • $25 SF/Yr
      7,000 SF

      Bethlehem City Office Space

      Iconic Flatiron Building office space for lease.
      301 Broadway, Bethlehem City, PA 18015
      View Details
    • $995/Mo
      800 SF

      Bethlehem City Retail Space Available

      Retail space in Bethlehem, ready for immediate lease.
      1935 W Broad Street, Bethlehem City, PA 18018
      View Details
    • $7,200/Mo
      4,000 SF

      Unique Commercial Property in Bethlehem

      Versatile commercial property with development potential in North Bethlehem.
      431 W Union Boulevard, Bethlehem City, PA 18018
      View Details
    • $25 SF/Yr
      16,000 SF

      Bethlehem City Office Space Available

      Flexible office spaces in Bethlehem's iconic Flatiron Building.
      301 Broadway, Bethlehem City, PA 18015
      View Details

    FAQs

    What type of property is this?
    Retail space - End-cap retail space with high ceilings and convenient access.
    Where is this retail space located?
    The property is located at 3600 PA-378 Bethlehem, PA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Located at the signalized intersection of Route 378 & Black River Road in affluent Saucon Valley.; End‑cap unit with **1,800 SF of retail space.**; **High ceilings and three‑phase electric.**
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Ayon A Codner
    Real Estate License ID: RS324477
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    3600 PA-378, Bethlehem, PA 18015
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!