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    1405 Cedar Crest Blvd Allentown, PA 18104

    For Lease
    $19 SF/Yr

    Multiple Suites, Prime Location

    Lot size:
    38,327 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional two-story, 38,327 square foot Class B office building, situated on a 2.01-acre lot in Allentown, Pennsylvania, offers a variety of lease options. The property, built in 1973, features nine suites, with a minimum divisible space of 1,009 square feet and currently has 20,350 square feet available. The building is ideally located in a professional park setting, surrounded by established businesses, providing a prestigious address and excellent visibility. Ample parking is available for tenants and their clients. The property boasts a highly desirable location within a strong residential area, offering excellent demographics and convenient access to a wealth of amenities, including Weis Markets, Target, UPS, CVS, and more. Its strategic location provides easy access to major transportation arteries, including Route 22, Route 309, I-78, and the Pennsylvania Turnpike 476, ensuring seamless commutes for employees and clients. The property's versatile layout is suitable for various office uses, including medical, executive, and creative office spaces. The modified gross lease rate is $19.25 per square foot, plus utilities and janitorial services. The property's APN is 548743856582 and is located in Lehigh County. This is a fantastic opportunity for businesses seeking a well-located, functional, and attractive office space in a thriving Allentown community.

    Property Features for 1405 Cedar Crest Blvd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    38,327 SF
    Class
    B
    Total Rate
    61482.9

    Building Details

    Year Built
    1973
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 055
    Size
    4,369 SF
    Rate per SF
    $19
    Space
    Suite 100
    Size
    1,800 SF
    Rate per SF
    $19
    Space
    Suite 110
    Size
    1,915 SF
    Rate per SF
    $19
    Space
    Suite 060
    Size
    2,156 SF
    Rate per SF
    $19
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Plastic Surgery & Aesthetics ... Plastic Surgery Clinic Cara Guilfoyle, MD, ... Surgeon Wendy Aach Law ... Attorney Kirk Summa & Co ... Tax Preparation Service Dr. Tamara Toidze Gynecologist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.529858847806
    Latitude
    40.612295781243

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    FAQs

    What type of property is this?
    Office space - Multiple Suites, Prime Location
    Where is this office space located?
    The property is located at 1405 Cedar Crest Blvd Allentown, PA.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    Request Owner's contact information
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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
    1405 Cedar Crest Blvd Allentown, PA 18104
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