Bought with NON MEMBER • Non Subscribing Office
$1,025,000
$1,195,000
14.2%For more information regarding the value of a property, please contact us for a free consultation.
0.6 Acres Lot
SOLD DATE : 11/13/2025
Key Details
Sold Price $1,025,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PALH2011416
Sold Date 11/13/25
Year Built 1993
Annual Tax Amount $23,760
Tax Year 2022
Lot Size 0.600 Acres
Acres 0.6
Lot Dimensions 136.75 x 192.57
Property Sub-Type Industrial
Source BRIGHT
Property Description
PRIME OFFICE INVESTMENT OPPORTUNITY | 12% CAP RATE
Rare opportunity to own a stunning 7,936 SF office space featuring an indoor swimming pool, currently leased to St. Luke's under a NNN lease through 12/28/2027, with a 3-year renewal option in place.
CAP Rate: 12%
Tenant: St. Luke's
Lease Type: NNN
Lease Expiration: 12/28/2027 with a 3-year option
Tenant Responsibilities: All interior maintenance, utilities, and taxes
Landlord Responsibilities: Exterior maintenance, trash, and sewer — reimbursed by tenant
This centrally located property offers exceptional access to Route 22, Lehigh Valley International Airport, shopping, dining, and major amenities — making it a strong long-term investment in a high-demand area.
Location
State PA
County Lehigh
Area Whitehall Twp (12325)
Zoning C-2
Interior
Hot Water Electric
Heating Heat Pump - Electric BackUp
Cooling Central A/C
Heat Source Propane - Owned
Exterior
Garage Spaces 19.0
Water Access N
Roof Type Shingle
Accessibility Ramp - Main Level
Total Parking Spaces 19
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Whitehall-Coplay
Others
Tax ID 549838183694-00001
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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