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Retail Strip Center For Sale 2242 MacArthur Rd

5,570 SF 100% Leased Retail Building Whitehall, PA 18052 £1,017,185 (£183/SF) 6.75% Net Initial Yield

Investment Highlights

  • Great visibility on MacArthur Road retail corridor
  • 100% occupied Investment Opportunity
  • Long standing Tenancy

Executive Summary

Well established three store retail strip center available for immediate sale! All three tenants have recently renewed 5 year NNN leases.
Located on the Lehigh Valley's #1 retail corridor in close proximity to Lehigh Valley Mall, Whitehall Mall and just minutes from Rt. 22 exit.

Attachments

2242 MacArthur Rd OM 12.24 JBPG

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,570 SF
Year Built/Renovated
1974/2020
Price
£1,017,185
Price Per SF
£183
Net Initial Yield
6.75%
NOI
£68,652
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.20
Lot Size
0.64 AC
Zoning
C2-Regional/Community Com - Commercial

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Sick Ink
  • Service type
  • 2,750 SF
  • -
  • NNN
  • Mar 2029
  • Twisted Scissors
  • Service type
  • 1,150 SF
  • -
  • NNN
  • Oct 2030
  • Yuan Qi Massage
  • Service type
  • 1,670 SF
  • -
  • NNN
  • Oct 2030
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Sick Ink Service type 2,750 SF - NNN Mar 2029
Twisted Scissors Service type 1,150 SF - NNN Oct 2030
Yuan Qi Massage Service type 1,670 SF - NNN Oct 2030

Links

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Nearby Major Retailers

Anytime Fitness
Philly Pretzel Factory
Saladworks
Five Guys
Redner's Warehouse Markets
Bank of America
Mission BBQ
Buffalo Wild Wings
Red Lobster
LongHorn Steakhouse

PROPERTY TAXES

Parcel Number 549853761296-1 Improvements Assessment £359,692
Land Assessment £227,615 Total Assessment £587,307

PROPERTY TAXES

Parcel Number
549853761296-1
Land Assessment
£227,615
Improvements Assessment
£359,692
Total Assessment
£587,307
(610) 972-6808

Contact

  • Listing ID: 34080302

  • Date on Market: 04/12/2024

  • Last Updated:

  • Address: 2242 MacArthur Rd, Whitehall, PA 18052

The Retail Property at 2242 MacArthur Rd, Whitehall, PA 18052 is currently available for sale. Contact Keller Williams-The James Balliet Property Group for more information.

Nearby Listings

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© 2024 CoStar Group

Retail Strip Center For Sale | 2242 MacArthur Rd
(610) 972-6808 x

Retail Strip Center For Sale | 2242 MacArthur Rd

James Balliet

(610) 972-6808

(610) 972-6808

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