|Price/Rent PSF||$ 2,495,000.00|
|SQ. FT. Available||14,342|
Located at signalized intersection of 19th Street and W. Allen Street in 19th Street retail corridor in affluent West Allentown Theatre district.
Multi-tenant retail strip center For Sale!!! 8 CAP cash on cash. Property is situated in Allentown's burgeoning West End Theatre District. The retail center features a great mix of local and regional tenants. Current tenants include newly signed Quakertown National Bank w/pneumatic drive thru, Butterfly Learning Center, Sleepy Cat Urban Winery, Truth Beauty Salon and The Udder Bar Ice Creamery. Solid long term leases in place!
Thanks to an ongoing revitalization effort powered by the non-profit West End Alliance, the theatre district has become a real draw, not just for the neighbors, but for people throughout the Lehigh Valley as well. The West End Alliance is mainly a unified group of merchants who focus on improving the neighborhood aesthetics and tenant synergy in the West End district.
Area amenities include Allentown Fairgrounds/Allentown Farmers Market, Muhlenberg College, 19th Street Theater, Lehigh Valley Hospital (17th Street), multiple shops, restaurants and much more!!!
Must see investment opportunity.