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Property profile & analytics
FOR LEASE
Drive through restaurants

3115 W Tilghman St Allentown, PA 18104

2,200 SF 0.75 ac lot Built 1958
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-0658150
Property summary
AI-generated overview

This exceptional 9,925-square-foot retail property, located at 3115 W Tilghman Street in Allentown, Pennsylvania, presents a compelling investment opportunity. Built in 1958 and boasting a 100% occupancy rate, this single-story, multi-tenant shopping center is situated on a heavily trafficked corridor in Allentown's West End. The center currently houses a diverse mix of established businesses including Nowhere Coffee Co., Budget Beverage, High End Smoke Shop, Gold Buyer, and Cigar Box. Recent capital improvements exceeding $1 million have enhanced the property's appeal and functionality. Each tenant benefits from prominent monument signage, with additional signage permitted on each building. Convenient access is provided by two main entrances on Tilghman Street, complemented by approximately 160 parking spaces. The property is zoned for commercial use and enjoys a prime location within a thriving region, benefiting from its proximity to major East Coast population centers like New York City, Philadelphia, Baltimore, and Washington, D.C. The Lehigh Valley's robust demographics, with a significant portion of households earning over $50,000 annually, underscore the strong potential for continued success and high returns. This fully leased retail center offers a rare opportunity to acquire a stable, income-generating asset in a desirable location.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1958
Total area 2,200 SF
Lot 0.75 ac (32,626 SF)
Zoning code NC
APN 548658850937-1
UPID US73-0658150
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
  • Lehigh Valley Gold Buyer Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.70M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.70M
Owner & transaction history
Tilghman Plaza LLC · 1 yrs held
Tilghman Plaza LLC
since 2024
Last sale
$2.7M
7 recorded transactions
2024
$2.7M
2017
Price N/A
2017
Price N/A
2012
Price N/A
2006
$2.0M
2004
Price N/A
2004
Price N/A
Zoning & alternative use
NC · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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