Log In/Sign Up
Your email has been sent.
1020 W Broad St
Bethlehem, PA 18018
Office Property For Sale


Investment Highlights
- Fully leased single-tenant medical investment occupied by Children's Dental Health.
- Tenant operates within a 20-location pediatric dental platform.
- Convenient access to Route 378, Route 22, I-78, and the Pennsylvania Turnpike.
- Fee simple ownership with a net lease structure in place.
- Renovations exceeding $500,000 were completed in 2022.
- Located within the growing Lehigh Valley healthcare and employment corridor.
Executive Summary
1020 W. Broad Street presents the opportunity to acquire a fee simple, single-tenant net leased medical asset occupied by Children's Dental Health of Bethlehem, part of Children's Dental Health Associates. The property is fully leased and serves as one of the organization's locations within a regional platform that has grown to 20 offices across Pennsylvania and Delaware. Children's Dental Health has operated for more than four decades and is affiliated with Chord Specialty Dental Partners, a dental support organization operating pediatric dentistry, orthodontic, oral surgery, and ambulatory surgical center practices across multiple states.
Constructed in 2008 and significantly upgraded through a renovation program completed in 2022, the property benefits from continued tenant investment and occupancy. The lease structure provides annual rent increases during the initial term and renewal options extending the potential occupancy horizon. Recent capital improvements include replacement of all four HVAC units since 2022, supporting the property's operational functionality and long-term maintenance profile.
The asset is positioned along West Broad Street within Bethlehem's West Side neighborhood, a corridor that combines established residential density, neighborhood-serving commercial activity, educational institutions, and healthcare demand drivers. The location offers convenient access to Route 378, Route 22, Interstate 78, and the Pennsylvania Turnpike, connecting the property to the broader Lehigh Valley region, Philadelphia, and the New York metropolitan area. Major regional institutions including St. Luke's University Health Network, Lehigh Valley Health Network, Lehigh University, and B. Braun's U.S. headquarters contribute to a substantial healthcare and employment base that supports long-term demand for medical services. The Lehigh Valley continues to benefit from population growth, expanding healthcare infrastructure, and ongoing economic development activity across the region.
Constructed in 2008 and significantly upgraded through a renovation program completed in 2022, the property benefits from continued tenant investment and occupancy. The lease structure provides annual rent increases during the initial term and renewal options extending the potential occupancy horizon. Recent capital improvements include replacement of all four HVAC units since 2022, supporting the property's operational functionality and long-term maintenance profile.
The asset is positioned along West Broad Street within Bethlehem's West Side neighborhood, a corridor that combines established residential density, neighborhood-serving commercial activity, educational institutions, and healthcare demand drivers. The location offers convenient access to Route 378, Route 22, Interstate 78, and the Pennsylvania Turnpike, connecting the property to the broader Lehigh Valley region, Philadelphia, and the New York metropolitan area. Major regional institutions including St. Luke's University Health Network, Lehigh Valley Health Network, Lehigh University, and B. Braun's U.S. headquarters contribute to a substantial healthcare and employment base that supports long-term demand for medical services. The Lehigh Valley continues to benefit from population growth, expanding healthcare infrastructure, and ongoing economic development activity across the region.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
8,397 SF
Building Class
B
Year Built/Renovated
2008/2022
Price
$2,704,014
Price Per SF
$322.02
Cap Rate
7.25%
NOI
$196,041
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
4,198 SF
Building FAR
0.60
Lot Size
0.32 AC
Zoning
CL - Limited Commercial
Parking
15 Spaces (1.81 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 642718543704-1 | Improvements Assessment | $846,100 |
| Land Assessment | $106,300 | Total Assessment | $952,400 |
Property Taxes
Parcel Number
642718543704-1
Land Assessment
$106,300
Improvements Assessment
$846,100
Total Assessment
$952,400
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
