Property profile

1740 Stefko Blvd Bethlehem, PA 18017

FOR LEASE
Retail space
Property ID
US73-2838181
16,014 SF 2.46 ac lot Built 1968
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 33,500 square foot retail strip center, located at 1740-1742 Stefko Boulevard in Northampton County, presents a unique investment opportunity. Built in 1968 and extensively renovated in 2018, the single-story building sits on a 2.54-acre lot and is zoned CG. The property boasts four suites, with a total of 5,138 square feet currently vacant, offering flexible space options. Individual suites range from a minimum of 1,538 square feet to a maximum contiguous space of 5,138 square feet, allowing for customization to suit various business needs. The center enjoys a prime location with convenient access from a main parking lot, ensuring high customer visibility and accessibility. Benefit from the established presence of strong national and local tenants such as Planet Fitness, Family Dollar, and a Bank of America drive-up ATM, attracting significant foot traffic and creating a vibrant retail environment. The property's strategic location within a densely populated residential area guarantees a substantial customer base. This is an ideal opportunity for businesses seeking high visibility and convenient access within a thriving retail community. The property offers a blend of established success and significant potential for growth.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1968
Total area 16,014 SF
Lot 2.46 ac (106,983 SF)
Zoning code CG
APN N7SW1C 7 1 0204
UPID US73-2838181

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
  • Gym & Fitness Center
  • Atm Financial Consultant

Location

1740 Stefko Blvd Bethlehem, PA 18017
Bethlehem metro Census 10500 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.91M
Comparable Approach Comparable
$2.60M
Blend (final) Blend
$505k

Owner & transaction history

Zoning & alternative use

CG · Bethlehem, PA
Zoning description

(j) CG General Commercial District - To provide for a wide variety of commercial uses, including more intensive commercial uses, in areas with few historic buildings and that include few existing homes. To manage traffic…

General category COMMERCIAL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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