3962 Portland St Coplay, PA 18037-2224
This exceptional investment opportunity presents a 43,135-square-foot industrial warehouse located at 3962 Portland St, Coplay, Pennsylvania, 18037. The property, built in 1920 and extensively renovated in 2024, sits on a 2.1-acre lot and is zoned ME/I (Mineral Extraction/General Industrial). The single-building warehouse boasts three loading docks and three dock-high doors, facilitating efficient operations. The interior features a 16-foot ceiling height, providing ample storage and operational space. Currently owner-occupied, this Class C warehouse is offered for sale with a leaseback agreement in place. The sale includes a new 15-year absolute NNN lease, providing a secure and predictable income stream for the buyer. The asking price is $3,200,000, representing an attractive 8.00% capitalization rate. This presents a compelling opportunity for investors seeking a stable, long-term investment in a well-maintained industrial property with a strong tenant in place. The property's strategic location in Lehigh County, Pennsylvania, offers convenient access to major transportation routes and a robust industrial market. The leaseback structure minimizes vacancy risk and provides immediate cash flow. This is a rare opportunity to acquire a high-quality industrial asset with a significant return on investment.
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
ME-I · Coplay, PACoplay. Always verify with local authorities before improvements.
Costs & 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.