

Easton Arts Academy
Low-management investment opportunity for passive investor | NNN Lease | Condominium Interest
Marketing description
Matthews Real Estate Investment Services™ is pleased to present the opportunity to acquire the condominium interest in Easton Arts Academy, a K-5 charter school specializing in arts education, located in the highly walkable Historic Downtown of Easton, Pennsylvania, within the Allentown MSA.
Investment highlights
Over 8 Years Remaining | Scheduled Rental Increases | Options to Extend | NNN Lease | Condominium Interest
• The tenant, Easton Arts Academy Elementary Charter School, Inc., recently exercised its first 7-year option to extend the lease through August 2031, demonstrating their commitment to the site
• 3 additional 7-year options to extend, with the next option period commencing automatically upon state charter renewal (contact agent for details)
• The lease features 3% rental increases every 5 years starting in August 2026 and continuing throughout the option periods thereafter, growing NOI and hedging against inflation
• Tenant pays pro-rata share of operating expenses
• Ideal, low-management investment opportunity for a passive investor Historic Downtown Easton | Highly-Walkable Location | Nearby National/Credit Tenants and Family-Friendly Attractions
• Ideally situated in the heart of Easton’s Historic Downtown, with a wide range of nearby businesses and local attractions including parks and museums
• Walk Score® of Walker’s Paradise (94/100)
• Nearby direct on off/ramp access to Interstate 78 a major thoroughfare averaging over 68,000 vehicles per day
• Nearby national/credit retail tenants include Family Dollar, CVS, Giant, TheHome Depot, Grocery Outlet, Rite Aid, Petco, and many more Direct, Affluent Consumer Base | Strong Demographics in 5-Mile Trade Area
• The 5-mile trade area is supported by over 125,000 residents and 45,000 employees, providing a direct consumer base from which to draw
• Residents within 5 miles of the subject property boast an affluent average household income of $102,000
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