Property profile

279 Cetronia Rd Allentown, PA 18104

OFF-MARKET
Neighborhood centers
32,606 SF
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Property summary

AI-generated overview

Spring View Retail Center, located at 279 Cetronia Rd in Allentown, PA (zip code 18104), offers exceptional retail and office opportunities within a thriving development. This 32,606 square foot multi-tenant property, situated on a 1.43-acre lot in Lehigh County, currently has 11,974 square feet of vacant space available. Units range from a minimum of 2,000 square feet to a maximum contiguous space of 5,244 square feet, making it suitable for a variety of businesses. The property's diverse tenant mix includes medical offices, restaurants, and retail spaces, creating a vibrant and synergistic environment. An attractive endcap space with a patio is particularly well-suited for a restaurant seeking outdoor seating. Two additional pad sites are available, ideal for a bank or restaurant, offering build-to-suit options up to approximately 5,244 square feet, with drive-thru potential for one site. The center benefits from its proximity to a 450-unit luxury apartment complex, ensuring a strong customer base. Current tenants include Lightbridge Academy, Fantastic Sams, and The Wicked Chef. This location presents a unique opportunity to join a successful and growing retail and residential community in the Lehigh Valley. The property is classified as Retail, Office, and Restaurant, with subtypes including Medical Office, Strip Center, and 2nd generation restaurant space.

Property profile

Verified
Property type Neighborhood centers
Total area 32,606 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering
  • (Bike/Boat/Book/etc) Store
  • Nail Salon

Location

279 Cetronia Rd Allentown, PA 18104
Allentown metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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