622 Union Blvd 18,600 SF 90% Leased Office Building Allentown, PA 18109 $3,400,000 ($182.80/SF) 8.18% Cap Rate

IDEAL FOR COMMERCIAL INVESTORS--Add this completely updated, two story building to your portfolio. Over 90% leased on multi-year NNN leases. The front half of the building consists of a retail space and a medical suite on the ground floor and two separated office areas on the upper floor, with shared amenities (large, virtual-meeting ready conference room, kitchenette, and two bathrooms). One of the two office areas is leased and the other area is listed for lease. The retail space and the medical suite on the ground floor are both leased. The medical suite has its own entrances, HVAC, security systems, and bathrooms and is self-contained for security reasons. The back half of the building is a 2-story, 5,500 SQFT, clear span warehouse with two drive-in doors, one loading dock, and a small office and is leased. The basement is a storage space with its own entrance and drive-in door, and is leased to a separate tenant. There are two dedicated bathrooms on ground floor for the retail space and the warehouse. This 1 acre property is zoned B-3 Highway Business, has 45 lined parking spots, and is situated at a signalized corner. Call for a tour today.