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Property profile & analytics
OFF-MARKET
Lifestyle centers

1251 Airport Rd Allentown, PA 18109

87,742 SF
Property ID
Property summary
AI-generated overview

Airport Plaza, a thriving shopping center in Lehigh County, offers a prime retail opportunity. This 87,742 square foot center boasts a high-traffic location at the well-lit intersection of Airport Road (23,464 vehicles per day) and East Congress Street (3,140 vehicles per day), ensuring excellent visibility. The property features seven suites, with a minimum divisible space of 1,911 square feet and a total of 19,315 square feet currently vacant. Strategically located near Route 22, providing easy access to major metropolitan areas like New York and Philadelphia, Airport Plaza benefits from its proximity to significant employers such as Lehigh Valley Health Network, St. Luke's Hospital, and Amazon. The center is anchored by Redner's Warehouse Markets, offering a strong draw for customers seeking grocery, gas, and convenience items. Complementing Redner's are established tenants Rent-A-Center and Airport Pawn, catering to diverse consumer needs. A 2018 census reveals that approximately 10% of consumer expenditures within a 3-mile radius were allocated to vehicle purchases, indicating a robust local market. This presents a unique chance to establish or expand your business within a well-established and high-traffic retail environment. The available space ranges from 1,911 to 10,715 square feet, offering flexibility for various retail concepts.

Property profile
Verified
Property type Lifestyle centers
Total area 87,742 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
Current use
Occupant on record · Public records
  • Platinum Plus Nightclub DJ & Entertainment
  • Airport Plaza Shopping Center Shopping Center & Mall
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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