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1220 3rd St
Whitehall, PA 18052
STNL DaVita; Dense Infill Location | PA · Retail Property For Sale

Investment Highlights

  • 6.5+ Years Remaining on Primary Term; Hedge Against Inflation; 10% Rental Increases Every 5 Years; Upcoming Rent Increase 2026
  • NNN Lease; Minimal Landlord Responsibilities; Tenant Responsible for Taxes, Insurance, Parking Lot, CAM, and HVAC
  • Part of the St. Luke’s Hospital Network, One of the Largest Hospital Networks in the Lehigh Valley Region
  • Corporate Guaranty by Publicly Traded Company (NYSE: DVA); $12B+ in Revenue (2023); Operating 6 days a week with 12 Dialysis Stations
  • Allentown/Lehigh Valley MSA; 3rd Largest MSA in Pennsylvania, Dense Infill Location; 119,000+ within 3 Mile Radius; Over 17,000 Vehicles Per Day
  • Consistent Population Growth; 8% in the last 10 Years within 5 Miles

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
7,791 SF
Building Class
B
Year Built/Renovated
1972/2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.90 AC
Zoning
C-1 - Commercial
Parking
42 Spaces (5.39 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign
  • Signage

Property Taxes

Property Taxes

Parcel Number
640804183494-1
Land Assessment
$285,700
Improvements Assessment
$979,700
Total Assessment
$1,265,400
  • Listing ID: 31793950

  • Date on Market: 5/14/2024

  • Last Updated:

  • Address: 1220 3rd St, Whitehall, PA 18052

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