2520 Macarthur Rd Whitehall, PA 18052-3815

Property Details for 2520 Macarthur Rd

Year built

1994

Lot size

9.71 lot acres

Property size

111,371 SF

Zone code

C-2

Property type

Outlet malls

APN

549845513598-1

APU

5498455135981

Description

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.

Location Insight

City

Whitehall

County

Lehigh

State

Pennsylvania

Longitude

-75.4931

Latitude

40.6423

CBSA code

10900

CBSA name

ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments