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1142 S Cedar Crest Blvd
Allentown, PA 18103

$4,000,000 USD

Bank For Sale  •  2,307 SF

Property Details

  • Property Type Bank
  • Total Building Size 2,307 SF
  • Lot Size 0.55 AC
  • Building Class B
  • Year Built 2009
  • Cap Rate 7.00 %
  • Tenancy Single
  • Zoning C1
30 Transit Score
70 Walk Score

Highlights

Long-term corporate Absolute NNN lease with 2.5% annual rent increases, providing stable cash flow and built-in income growth.
Embassy Bank for the Lehigh Valley has operated at this location since 2009, with approximately $127M in branch deposits and $1.8B+ in total assets.
Located just 0.3 miles from I-78 with excellent visibility at a signalized intersection, providing strong accessibility.
Positioned near Lehigh Valley Hospital–Cedar Crest, the region's largest hospital and one of Pennsylvania's largest healthcare campuses.
Strong surrounding demographics with 224,955 residents, 237,805 daytime employees, and $149,000+ average household income within one mile.
Surrounded by major demand drivers, including Cedar Crest College and Dorney Park & Wildwater Kingdom, generating consistent traffic year-round.
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Embassy Bank For The Lehigh Valley

Amenities

  • Security System
  • Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Lehigh Valley International 18 min - 8.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Matthew Gorman 215-603-6914 CBRE, Inc.
Matthew Gorman 215-603-6914 CBRE, Inc.