3721 Cres W Ct, Whitehall, PA 18052-3446
- Medical Office Space
- 4,064 SF
- 0.60 lot acres
Current Use by Public Records
- Medical Office Space
Property Details for 3721 Cres W Ct
- Year built
- 1993
- Lot size
- 0.60 lot acres
- Zone code
- C-2
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 549838183694-1
- APU
- 5498381836941
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 22, 2025 | $1,025,000 | Crescent Court Properties LLC | David Miles | Deed | $718k · Tompkins Trust Co |
| Aug 8, 2006 | — | David Miles | — | Trustees Deed · related | $100k · American Bank |
| — | — | David Miles | — | Deed Of Trust · related | $500k · American Bank |
| — | — | David Miles | — | Deed Of Trust · related | $600k · American Bank |
Description
This exceptional investment opportunity presents a 7,200 square foot medical office building located at 3721 Crescent Ct W, Hokendauqua, Pennsylvania, 18052, in Lehigh County. Currently occupied by St. Luke's Pediatric Physical Therapy under a triple net (NNN) lease, the property offers a strong, stable income stream. The lease extends to December 28, 2024, with two three-year renewal options, providing long-term security for the investor. The building sits on a half-acre lot (0.5 acres). The asking price is $1,195,000, representing a price per square foot of $165.97 and a pro-forma capitalization rate of 7.23%. This presents a compelling opportunity for investors seeking a stable, income-producing asset in the healthcare sector. The property's location in Hokendauqua offers convenient access to major transportation routes and a growing community. This is an excellent chance to acquire a well-maintained medical office building with a strong tenant and significant upside potential. The property is offered as-is.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $582,000
Market price range: $172k - $642k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Whitehall
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.4985
- Latitude
- 40.6534
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
