3721 Cres W Ct Whitehall, PA 18052-3446
- Medical offices
- 4,064 SF
- 0.60 lot acres
Current Use by Public Records
- Medical offices
Property Details for 3721 Cres W Ct
- Year built
- 1993
- Lot size
- 0.60 lot acres
- Property size
- 4,064 SF
- Zone code
- C-2
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 549838183694-1
- APU
- 5498381836941
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 Estimation
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Alternative Use
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
