Property summary
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
VerifiedCap rate & NOI
Current use
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Production Facility
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Business Management Consultant
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Industrial Manufacturer Production Facility
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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