For Sale
6822 Hamilton Blvd, Allentown, PA 18106, USA
Floor Plans
Site Plan
Description:
Description
About the Investment
– NNN with original 20 year term and 5.4 years remaining before their next option
– Corporate Guarantee from Eckerd Corporation
– Location: Corner of Hamilton Boulevard and Lower Macungie Road
– Parking: 72 parking spaces
– Large 2.20 acre parcel
– Corporate Guarantee from Eckerd Corporation
– Location: Corner of Hamilton Boulevard and Lower Macungie Road
– Parking: 72 parking spaces
– Large 2.20 acre parcel
About the Location
– Allentown is one of the most vibrant cities in Pennsylvania, located on the Lehigh River
– Hamilton Boulevard is a major thoroughfare with over 15,000 vehicles per day
– Strong retail corridor
– Nearby businesses include: Walmart Supercenter, Kohl’s, HomeGoods, Hobby Lobby, Giant, Wells Fargo, Friendly’s, Mavis Discount Tire, and many more
– Population: 4,179 in 1 mile radius and 48,328 in 3 mile radius
– Median Income: $95,946
– Hamilton Boulevard is a major thoroughfare with over 15,000 vehicles per day
– Strong retail corridor
– Nearby businesses include: Walmart Supercenter, Kohl’s, HomeGoods, Hobby Lobby, Giant, Wells Fargo, Friendly’s, Mavis Discount Tire, and many more
– Population: 4,179 in 1 mile radius and 48,328 in 3 mile radius
– Median Income: $95,946
About the Tenant
– Rite Aid ranked #148 on Fortune 500 list for 2022
– Second-largest pharmacy store chain in the USA
– 2022 Revenue exceeded $24B
– Over 2,000 locations
– Second-largest pharmacy store chain in the USA
– 2022 Revenue exceeded $24B
– Over 2,000 locations
Genoveva Ciornei
Licensed Associate Real Estate Salesperson
Cody Parker Hellberg
Licensed Associate Real Estate Broker
Email: c.parker@waldrealestate.com
M. 212-729-4703
O. 212-750-9253
Address
Open on Google Maps- Address 6822 Hamilton Boulevard Allentown
- Zip/Postal Code 18106
- Area Allentown PA
Details
Updated on May 31, 2023 at 10:52 am- Price: $6,300,000
- Property Type: Commercial
- Property Status: For Sale
