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Property profile & analytics
OFF-MARKET Estimated value $825,000
Turn key restaurants

1836 Catasauqua Rd Allentown, PA 18109-3128

4,671 SF 1 ac lot Built 1980
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US73-0885458
Property summary
AI-generated overview

Valley Plaza Shopping Center offers a prime 8,450 square foot retail space for lease, situated within a thriving 148,267 square foot shopping center. This Class B property, built in 1981, features two single-story buildings and ample parking with 500 spaces. The available space is part of a multi-tenant building with a total of 18 suites, offering excellent visibility and accessibility. The minimum divisible space is 8,450 square feet, with a maximum contiguous space of 8,450 square feet. The property sits on a 25.22-acre lot and enjoys a highly desirable location directly across from Airport Center, a major power center anchored by Target, Sam's Club, and Christmas Tree Shop. This ensures high foot traffic and strong brand recognition. The center boasts a diverse mix of established tenants including Aldi, Ollie's Bargain Outlet, Massage Envy, and many more. Its strategic location in Lehigh County provides easy access to major roadways such as Route 22, Route 309, Interstate 78, and the Northeast Extension of the Pennsylvania Turnpike, ensuring convenient access for customers and employees. The lease rate is $14 per square foot, NNN. This exceptional opportunity presents a strong investment potential in a bustling retail environment.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1980
Total area 4,671 SF
Lot 1 ac (43,560 SF)
Zoning code PC
APN 641814338565-1
UPID US73-0885458
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
  • Flower Tent (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$755k
Blend (final) Blend
$825k
Owner & transaction history
Raising Canes Restaurants LLC · 2 yrs held
Raising Canes Restaurants LLC
since 2024
7 recorded transactions
2024
Price N/A
2022
Price N/A
2015
$1.6M
2001
Price N/A
1997
$6.1M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
PC · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $1.0M +10.4%
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