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Off Market
1/7

1575 Pond Rd
Allentown, PA 18104


OVERVIEW

2 units for Sale or For lease: Lease is $18 sq ft NN (double net) 1575 Pond Road #202B- 1285 Sq feet of office space perfect for medical services and professional offices. This is space is being sold as part of a general partnership, with owners of the suites owning a percentage of the building. The owner of this space owns 5.76% of the building. Each owner pays a monthly percentage of expenses and at the end of the year owners get a distribution of what is left over from the what is payed in for expenses. Monthly expenses include tax, maintenance, insurance and common electric. The space has been recently been renovated. 1575 Pond Road #104 - 2450 Sq feet of office space perfect for medical services and professional offices. This is space is being sold as part of a general partnership with owners of the suites owning a percentage of the building. The owner of this space owns 10.43% of the building. Each owner pays a monthly percentage of expenses and at the end of the year owners get a distribution of what is left over from the what is payed in for expenses. This 26,000 square foot, two-story, medical office building was built in 1990 and sits on 4.28 acres. The Professional building is located within walking distance of major retailers such as Target, UPS, and Applebee's Grill and Bar. It is also in close proximity to Route 22, I-476 and I-78.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Springhouse Professional Bldg

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

26000

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1990

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

4.28 AC AC

LAND SF

186,437 SF

ZONING

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APN/PARCEL ID

548723672578-1