1285 Airport Rd Allentown, PA 18109
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.