3721 Cres W Ct Whitehall, PA 18052-3446
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Whitehall, PACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.