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Property profile & analytics
FOR LEASE
Medical Office Space

5325 Northgate Dr Bethlehem, PA 18017

53,656 SF 10.08 ac lot Built 2002
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US73-2513492
Property summary
AI-generated overview

This exceptional two-story, Class A office building, totaling 53,656 square feet, presents a unique investment opportunity. Situated on a 10.08-acre lot in Northampton County, the property boasts a prime location with easy access to major roadways including Routes 22, 33, and 378, via direct access to Route 512. The building features three suites, with a maximum contiguous space of 9,919 square feet, making it suitable for a variety of tenants. The building was constructed in 2002 and includes two passenger elevators, serving its two stories. Ample parking is provided with 222 spaces, catering to both tenants and visitors. The property is zoned OI-Office & Industrial District (APN: M6 24 7H 0214) and benefits from high foot traffic and excellent demographics due to its location in a high-density residential area. First-floor suites offer exceptional visibility and convenience, particularly attractive to medical professionals. Recent renovations have modernized the lobby and common areas, enhancing the overall appeal and functionality of the space. This property offers an ideal mix of medical and traditional office space, making it a highly desirable location for a diverse range of businesses. The building's strategic location and modern amenities make it a compelling investment opportunity.

Property profile
Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 2002
Total area 53,656 SF
Lot 10.08 ac (439,085 SF)
Zoning code RIS
APN M6 24 7H 0214
UPID US73-2513492
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
Current use
Occupant on record · Public records
  • Guardian Insurance Agency Insurance Agency
  • Dr. Kristen Bentson Physician
  • Bethlehem Medical Arts Center Medical Clinic
  • Lehigh Valley Aesthetics Physician Medical Clinic
  • Mark E Schadt, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.40M
CAP Approach CAP
$6.03M
Comparable Approach Comparable
$5.30M
Blend (final) Blend
$4.75M
Owner & transaction history
5325 Northgate Drive Tpi LLC · 4 yrs held
5325 Northgate Drive Tpi LLC
since 2022
Last sale
$4.7M
1 recorded transaction
2022
$4.7M
Zoning & alternative use
RIS · Bethlehem, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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