Scope Investment Real Estate Services is pleased to present for lease:
1055 Interchange Rd, Lehighton, PA 18235. The subject property consists of approximately 9.3 acres or 405,108 square feet w/ approximately 900 feet of road frontage along the highly trafficked commercial corridor of Route 209. This highly visible location is currently vacant land with plans for commercial development.
The property is available for ground lease or built-to-suit and can be developed to suit various commercial needs.
The proposed (3) pad sites of approximately 5,000 +/- square feet each are ideal for a Quick Service Restaurant (QSR), gas station, or retail establishment. This site is strategically anchored by an extended-stay Marriott hotel, which is already approved and currently under development. The subject pad sites are directly located adjacent to a high performing Hampton Inn Lehighton-Jim Thorpe. Please contact agents for more details and information related to permitted and proposed uses.
The current zoning designation is General Commercial (GC) and is categorized as Commercial (Retail).
The overall Traffic Count (TC) and Vehicles Per Day (VPD) are impressive, currently: 29,261 VDP on I- 476 & Lower Main Rd -&- 12,537 VDP on Interchange Rd & Wagner St. The overall submarket and subject location are highly desirable, surrounded by Class A - shopping centers, multi-tenant strips, and nationally tenant single tenant leased (STNL) properties.
Some of the notable surrounding tenants within the submarket of Lehighton include Giant Foods, Lowes, Aldi, Walmart, Wendy’s, Big Lots, TJ Max, Dollar Tree, AT&T, Verizon, Arby’s, Burger King, Wells Fargo, Dunkin, and McDonald’s to name a few. The Subject property is located on the major retail corridor of Route 443 and 209, and 0.8 miles from I-476 cloverleaf. See “Aerial Overview” for a more detailed list of “Neighboring Tenants”
Population details: Population 3 Miles (12,881), 5 Miles (28,527) 10 Miles (70,161) Lehigh Valley has a GDP of approximately $47 billion, with over $2.4 billion stemming from retail trade, according to the U.S. Bureau of Economic Analysis. This region is currently Pennsylvania’s third most populous metropolitan area, after Philadelphia and Pittsburgh. Lehigh Valley’s population of 688,000 has grown by over 6% over the past decade, with residents aged 18-34 growing by 10%, the fastest growth for that segment of any region in Pennsylvania. Robust hiring in the trade, transportation, and healthcare sectors has underpinned healthy levels of household formation in recent years, helping make Bethlehem/Allentown the second-fastest-growing city in the entire state. These factors have driven strong retail activity in the market in recent years.
