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Property profile

420 Martin Luther King Jr Dr Allentown, PA 18103

OFF-MARKET
Warehouses
115,074 SF
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Property summary

AI-generated overview

This exceptional Class A industrial property, located at 420 Martin Luther King Jr. Drive in Allentown, Pennsylvania, offers 115,074 square feet of warehouse and manufacturing space currently under construction. The single-story building sits on 13.6 acres and boasts impressive specifications, including a 32-foot clear height (with potential for up to 40 feet), a spacious layout measuring 404 feet wide by 285 feet deep, and efficient column spacing of 50' x 52' with a 60' speed aisle. Loading capabilities are maximized with eighteen (18) loading doors and two (2) drive-in doors, supported by ample trailer parking (18 spaces) and car parking (140 spaces). The expansive 190-foot truck court features a 60-foot concrete apron for easy maneuvering. The building is equipped with modern amenities such as an ESFR sprinkler system, LED lighting, and heavy power. Heating is provided by roof-mounted, gas-fired units, ensuring efficient climate control. This NNN lease property is perfect for a single tenant seeking a state-of-the-art facility in a prime Allentown location. The property's zip code is 18103, and it is situated in Lehigh County. This is a unique opportunity to secure a brand-new, highly functional industrial space in a thriving market.

Property profile

Verified
Property type Warehouses
Total area 115,074 SF

Cap rate & NOI

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

Location

420 Martin Luther King Jr Dr Allentown, PA 18103
Allentown metro
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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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