1710 Union Boulevard

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1710 Union Boulevard

Allentown, PA 18109
Asking Price
Contact for price
Asset Type
Bank Retail
Class
Class B

What's Special

Retail | 7.50% CAP | 6,500 SqFt <ul><li>​New 15-Year Lease | 2% Annual Rent Increases | Corporate Guaranty</li><li>​$120 Million in Branch Deposits | 35% Deposit Growth Since 2020 |Strong $5.64 Billion Deposit Base in Allentown, PA</li><li>​Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities</li><li>​Dense Retail Corridor | Lehigh University | Along Arterial Thoroughfare</li><li>​Strong Demographics in 5-Mile Trade Area | 3rd Largest City in PA</li></ul><p></p>

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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