401 S Carlisle St - Warehouse FOR SALE


Allentown, PA 18109- Rittersville
$4,700,000 USD
212-837-4529
401 S Carlisle St, Allentown, PA for Sale
$4,700,000 USD
Warehouse - FOR SALE
1/5
null | 5.91% Cap Rate

401 S Carlisle St
Allentown, PA 18109
Rittersville


OVERVIEW

KSR has been exclusively retained to represent 401 South Carlisle Street, a prime single-tenant industrial investment situated between East Elm and East South Streets in Allentown, PA 18109. The property consists of a 39,500 SF industrial building situated on a 1.7-acre lot. Offered at $4,700,000 (a 6.00% Cap Rate), the asset generates a stable Net Operating Income of $277,781 ($7 NNN). The site is fully occupied by Tirehub—a Good Year affiliation—with a lease expiration of December 31, 2031, plus one five-year option at Fair Market Value. This NNN lease structure offers a streamlined, passive investment vehicle, as the tenant is responsible for all real estate taxes, insurance, utilities, and nonstructural repairs. Located in the Lehigh Valley, the site provides direct connectivity to major regional distribution networks, including I-78, Route 309, and I-476.

FOR SALE DETAILS

PRICE

$4,700,000 USD

PRICE/SF

$119 USD /SF

CAP RATE

5.91%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Building 1

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1910

UTILITIES

Heating - Gas

CLEAR CEILING HT

23 Ft

DOCKS

5

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.8

LAND SF

252,648

ZONING

I-2

APN/PARCEL ID

640781598384-1

ASK ABOUT THIS PROPERTY

Ohad BaboKassin Sabbagh Realty (KSR)More Info
212-837-4529

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Ohad BaboKassin Sabbagh Realty (KSR)More Info
212-837-4529

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.