Property profile

2520 Macarthur Rd Whitehall, PA 18052

OFF-MARKET
Outlet malls
Property ID
US73-1056775
111,371 SF 9.71 ac lot Built 1994
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple interest in a 111,165-square-foot At Home retail property located at 2520 MacArthur Rd, Whitehall, PA 18052. The property, built in 2018 and situated on a 9.7-acre lot, is part of the MacArthur Towne Center, experiencing over 1.4 million annual visitors. The single-tenant, absolute NNN lease with At Home boasts a corporate guarantee, providing investors with significant long-term security. The lease commenced on March 28, 2019, and has a remaining term of 10.7 years, extending to July 31, 2035, with four five-year renewal options. Annual rent increases of 2% are built into the lease structure, ensuring consistent growth in cash flow. The property generates a Net Operating Income (NOI) of $737,610. Its prime location along MacArthur Blvd, a high-traffic area with over 41,000 vehicles per day, and its proximity to a high-performing Walmart and MacArthur Commons shopping center, further enhances its investment appeal. This offering provides over 11 years of passive income from a national retailer within a thriving retail environment. The property enjoys 100% occupancy since its opening date of March 28, 2019. This is a rare opportunity to acquire a stable, high-performing retail asset with significant long-term growth potential.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1994
Total area 111,371 SF
Lot 9.71 ac (422,968 SF)
Zoning code C-2
APN 549845513598-1
UPID US73-1056775

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2520 Macarthur Rd Whitehall, PA 18052-3815
Whitehall metro Census 5705 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
by Request
Comparable Approach Comparable
$8.03M
Blend (final) Blend
$6.41M

Owner & transaction history

since 2019
6 recorded transactions
2019
$10.4M
2017
$5.5M
2017
Price N/A
2017
Price N/A
2005
$17.0M
1969
Price N/A

Zoning & alternative use

C-2 · Whitehall, PA

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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