1220 3rd St - Freestanding FOR SALE
Whitehall, PA 18052 |
$2,223,000 USD
888-993-5344
1220 3rd St
Whitehall, PA 18052
HIGHLIGHTS
- 5.00+ Years Remaining on Primary Term; Hedge Against Inflation; 10% Rental Increases Every 5 Years; Operating 6 days a week with 12 Dialysis Stations
- Corporate Guaranty by Publicly Traded Company (NYSE: DVA); $12B+ in Revenue (2023)
- NNN Lease; Minimal Landlord Responsibilities; Tenant Responsible for Taxes, Insurance, Parking Lot, CAM, and HVAC
- Allentown/Lehigh Valley MSA; 3rd Largest MSA in Pennsylvania
- Dense Infill Location; 119,000+ within 3 Mile Radius; Over 17,000 Vehicles Per Day on 3rd Street
- Part of the St. Luke’s Hospital Network, One of the Largest Hospital Networks in the Lehigh Valley Region
FOR SALE DETAILS
PRICE
$2,223,000 USD
PRICE/SF
$285 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
STNL DaVita | Allentown MSA, PA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1972
SPRINKLERS
-
PARKING SPACES
42
LAND DETAILS
LAND ACRES
0.9 AC
LAND SF
39,204 SF
ZONING
C-1
APN/PARCEL ID
640804183494-1
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888-993-5344
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888-993-5344
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