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Property profile & analytics
FOR LEASE
Grocery and convenience stores

3143 William Penn Hwy Palmer Twp, PA 18045

32,310 SF 6.13 ac lot Built 1971
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US73-1773488
Property summary
AI-generated overview

This exceptional sublease opportunity presents 5,300 square feet of retail space within a larger 32,310 square foot building situated on a 6.13-acre lot in Easton, Pennsylvania. The property, constructed in 1971, boasts a single-story building with 258 on-site parking spaces, ensuring ample convenience for customers and employees. The space is part of a multi-tenant building, sharing the location with established businesses such as Planet Fitness and Let's Speak Dog, creating a vibrant and well-trafficked commercial environment. The property enjoys a highly visible location along William Penn Highway, with convenient access via S Greenwood Ave. This prime location benefits from exceptional visibility and accessibility, with a documented 12,515 vehicles per day (VPD) within one mile. The zoning designation is 24GC - General Commercial Zoning District, allowing for a wide range of commercial uses. Nearby retail establishments include well-known national brands such as Wise, GameStop, Giant, Wawa, Rite Aid, and Walgreens, further enhancing the area's commercial appeal. The sublease term extends through January 31, 2026. The property's APN is M8NE2-4-1-0324, located in Northampton County. This is an ideal opportunity for businesses seeking high visibility and convenient access in a thriving commercial area.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1971
Total area 32,310 SF
Lot 6.13 ac (267,023 SF)
Zoning code GC
APN M8NE2 4 1 0324
UPID US73-1773488
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.63M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.41M
Blend (final) Blend
$2.69M
Owner & transaction history
John Dicarlo Ent LLC · 5 yrs held
John Dicarlo Ent LLC
since 2021
Last sale
$3.0M
4 recorded transactions
2023
Price N/A
2021
$3.0M
2017
Price N/A
1969
Price N/A
Zoning & alternative use
GC · Easton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $4.0M +21.3%
Restaurant $3.6M +8.6%
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