7310 Tilghman St Allentown, PA 18106-9038
- Industrial properties
- 40,944 SF
- 4.80 lot acres
Dec 27, 2024
Current Use by Public Records
- Patrick M Mullaney: Primerica - Financial Services / Financial Consultant / Life Insurance Agency
- Johnson Controls Allentown Office / Burglar Alarm Store / Business To Business Service
- David Rabenold: Primerica - Financial Services / Financial Consultant / Life Insurance Agency
- Mentor of Lehigh Valley / Mental Health Service
- Dan Schmidt: Primerica - Financial Services / Financial Consultant / Life Insurance Agency
Property Details for 7310 Tilghman St
- Year built
- 1985
- Lot size
- 4.80 lot acres
- Property size
- 40,944 SF
- Zone code
- LI
- Property type
- Industrial properties
- APN
- 546613148110-1
- APU
- 5466131481101
Description
This exceptional 40,051-square-foot flex building in Allentown, Pennsylvania presents a compelling value-add investment opportunity. Located at 7310 Tilghman Street, this single-story, 1985-built property underwent renovations in 2023 and sits on a 4.8-acre lot within the LI - Light Industrial Park District zoning. Currently 83.6% occupied by four credit-rated tenants, including Fresenius Kidney Care, the building boasts a weighted average lease term (WALT) of 7.5 years, providing strong, long-term income potential. The property features 17' 5" ceilings, five loading docks, two dock-high doors, and ample parking (4 spaces per 1,000 sq ft). Its prime location between major interstates I-78 and I-476, and its high visibility, make it attractive to both industrial users and service providers. The building's strategic position in Allentown, Pennsylvania's fastest-growing major city, and within the rapidly expanding Upper Macungie Township, further enhances its investment appeal. The property offers significant upside potential through lease term extensions and potential rent increases. This is a rare opportunity to acquire a well-located, value-add flex building with a strong tenant base in a high-growth market. The property's robust infrastructure, including ample loading capabilities and parking, caters to a wide range of potential tenants. The existing tenant base provides immediate cash flow, while the value-add potential allows for future improvements and increased profitability. This is an ideal investment for those seeking a stable, long-term income stream with significant upside potential in a thriving market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.6159
- Latitude
- 40.5858
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
