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    1302 Hanover Ave Allentown, PA 18109

    Sponsored
    For Lease
    Contact for pricing

    Prime Lehigh County medical suites available.

    Lot size:
    70,612 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Allentown Commons presents a unique opportunity for medical office tenants seeking high-visibility space in a thriving Lehigh County location. This five-building, single-story complex totals 70,612 square feet and offers multiple tenancy options, with four spaces currently available, ranging from 1,880 to 3,759 square feet. The property boasts a convenient location with easy access to major roadways including Routes 22, 33, 78, and 309, ensuring excellent accessibility for patients and staff. Situated in a densely populated residential area of Allentown, PA, Allentown Commons benefits from high foot traffic and strong community presence. The contemporary design features large storefront windows in each suite, maximizing visibility and creating an attractive professional image. The property is professionally landscaped and provides ample parking with 342 spaces, including handicap-accessible spots. Each suite offers separate utilities for efficient cost management. High-speed internet access is available. For businesses requiring a customized space, build-to-suit options are available, allowing tenants to design their ideal medical office layout. This is an exceptional opportunity to establish or expand a medical practice in a prime Allentown location.

    Property Features for 1302 Hanover Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    70,612 SF

    Building Details

    Buildings
    5
    Stories
    1

    Unit(s) available at that property

    Space
    Building B: Suites 1418-1420
    Size
    3,275 SF
    Space
    Building B: Suite 1408
    Size
    2,150 SF
    Space
    Building D: Suites 1384-1386
    Size
    3,759 SF
    Space
    Building D: Suite 1382
    Size
    1,880 SF

    HighLights

    • 70,612 square feet of retail and medical office space in Lehigh County, PA.
    • Five one‑story buildings with multiple tenancies.
    • 342 parking spaces, including handicap‑accessible spots.
    • Four available spaces ranging from 1,880 to 3,759 square feet.
    • High‑speed internet access available.
    • Built‑to‑suit options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    HNL Lab Medicine ... Laboratory Valley Fresh Laundromat Laundromat Allentown Commons Shopping Mall Citibank ATM Atm Popeyes Louisiana Kitchen Chicken Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -75.434349290833
    Latitude
    40.61805701941

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    FAQs

    What type of property is this?
    Medical office - Prime Lehigh County medical suites available.
    Where is this medical office located?
    The property is located at 1302 Hanover Ave Allentown, PA.
    What are key features of this property?
    This property features: 70,612 square feet of retail and medical office space in Lehigh County, PA.; Five one-story buildings with multiple tenancies.; 342 parking spaces, including handicap-accessible spots.
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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
    1302 Hanover Ave Allentown, PA 18109
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