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Property profile & analytics
OFF-MARKET
Neighborhood centers

1285 Airport Rd Allentown, PA 18109

2 ac lot
Property ID
Property summary
AI-generated overview

Airport Plaza offers a unique investment opportunity in Allentown, PA. This Class B retail property, situated on a high-traffic section of Airport Road, boasts a prominent location directly across from Coca-Cola Park. The property consists of a two-acre lot currently housing a Redner's and Family Dollar anchored shopping center. A significant opportunity exists for expansion: a 20,000 square foot pad site is available for ground lease, or the owner will build-to-suit for credit tenants. This presents a compelling option for businesses seeking a high-visibility location with significant potential for growth. Additionally, a smaller, 1,600 square foot inline retail space is immediately available for lease. The property is zoned B-4, making it suitable for a variety of uses, including automotive, medical, and retail establishments. The two-acre lot provides ample space for development, and the existing tenancy provides a strong foundation for a thriving retail center. This is an exceptional chance to secure a prime location in a busy and established commercial area. The property's high visibility and convenient location make it an ideal choice for businesses seeking to establish a strong presence in the Allentown market. Contact us to discuss lease terms and build-to-suit options.

Property profile
Verified
Property type Neighborhood centers
Lot 2 ac (87,120 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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