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Property profile

2200 12Th St Allentown, PA 18103

OFF-MARKET
Warehouses
175,000 SF 22 ac lot Built 1967
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Property summary

AI-generated overview

This exceptional 175,000-square-foot industrial warehouse, situated on a sprawling 22-acre lot in Allentown, Pennsylvania, presents a significant investment opportunity. Built in 1967, this single-story building features 6 loading docks, a 24-foot ceiling height, and is zoned for industrial use. The property boasts a substantial 165-foot truck court depth with 30 dock doors, plus two 14x14 ramped drive-in doors. The warehouse includes approximately 20,000 square feet of storage and distribution space, and an additional 15,000 square feet for showroom, retail, or office space, adaptable to tenant specifications. The structure is of tilt-up concrete panel construction, equipped with ESFR sprinklers, and benefits from a robust power supply (2000 Ampere; 480/277 Volt, 3-phase electric) provided by PPL. Public water and sewer services are available through the Lehigh Authority, and gas is supplied by UGI. The property offers ample on-site car parking and is potentially rail-served. Its strategic location provides excellent highway access, being two miles from I-78 at the Lehigh Street exit. The property enjoys proximity to major markets, including Philadelphia (70 miles), Harrisburg (90 miles), Wilkes-Barre/Scranton (75 miles), New York City (100 miles), Baltimore (130 miles), Washington, D.C. (170 miles), Pittsburgh (270 miles), and Boston (320 miles). Lease terms are NNN, with a lease rate of $8.50 per square foot and an estimated CAM of $2.50 per square foot. This property is ideal for a variety of industrial uses.

Property profile

Verified
Property type Warehouses
Year built 1967
Total area 175,000 SF
Lot 22 ac (958,320 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
  • Production Facility
  • Business Management Consultant
  • Industrial Manufacturer Production Facility

Location

2200 12Th St Allentown, PA 18103
Allentown metro
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Value estimations

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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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