MLS® ID: 590550

3143 William Penn

Palmer Twp, Pennsylvania, 18045

$4,550,000 Available
  • 32655 SQFT
Lehigh Valley Investment property located in Palmer Township. This 32,310 SF retail building sits on 6.31 acres in a high traffic area. There are 4 tenants in the building: Planet Fitness (18,000SF), Easton Hospital (5,300 SF), Lets Speak Dog (3,000 SF), and Keystone Heights (2,000 SF). All lease provide for common area maintenance recapture on a pro-rata basis. There is a substantial increase in cash flow in year 5 due to increases in rental rate for Planet Fitness.
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Listing courtesy of Veraxia Commercial Real Estate

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    18045
  • Office name
    Veraxia Commercial Real Estate
  • SQFT
    32655
  • Bedrooms
    0
  • Property type
    Commercial
  • Zoning type
    GC
  • School district
    Easton
  • Year built
    1971
  • Sewer
    Public
  • Heating
    Gas
  • Agent name
    Costas J. Hrousis
  • Tax amount
    $ 41568.82
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Square Feet Range
    7000+ sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    VERA
  • Agent ID
    hrousisc

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