1802 Lehigh St | Allentown, PA 18103
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1802 Lehigh St
Allentown, PA 18103
CVS Pharmacy- Allentown, PA · Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,522 SF
Building Class
B
Year Built
1996
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.02 AC
Zoning
B-3
Parking
30 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
116’ on Lehigh St
AMENITIES
- Pylon Sign
- Signalized Intersection
- Drive Thru
ABOUT 1802 LEHIGH ST , ALLENTOWN, PA 18103
Located in Allentown, the property is irreplaceable real estate that will have long term value growth with base rents for CVS that are set to current market rental rates at an average of $17.98 PSF. CVS Pharmacy is a stable investment grade (BBB+ by Standard and Poor’s/ BAA1 by Moody’s) tenant with a market cap of over $74 billion. Recently, CVS Health and Aetna announced a merger between the two companies which will strengthen their competitive positions in the market.
PROPERTY TAXES
| Parcel Number | 549680675916-1 | Improvements Assessment | $1,244,000 |
| Land Assessment | $378,600 | Total Assessment | $1,622,600 |
PROPERTY TAXES
Parcel Number
549680675916-1
Land Assessment
$378,600
Improvements Assessment
$1,244,000
Total Assessment
$1,622,600
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