www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33621849
33621848

1735 South 4th Street, Allentown, PA 18103

DD
PA PA RS305854
Marcus & Millichap - Philadelphia
NG
PA RS350646
Marcus & Millichap - Philadelphia
Listed by Marcus & Millichap - Philadelphia
$1,986,070
1 day on market
Updated 1 day ago
Opportunity zone

Family Dollar

Details
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 8,320
Cap Rate 7.25%
NOI $143,990
Occupancy 100%
Tenancy Single
Brand/Tenant Family Dollar
Lease Type Absolute NNN
Lease Term 20
Remaining Term 12.3
Rent Bumps Yes
Year Built 2018
Acreage 0.660
Zoning B-3
Parking Spaces 22 spaces
Parking Per SqFt 2.64
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 10/01/2018
Ground Lease No
Sale Condition For sale by owner

RECENT LEASE | EXTENSION ABSOLUTE NNN – DEPRECIABLE ASSET

Investment highlights

RECENT LEASE EXTENSION | LONG-TERM COMMITMENT

• Family Dollar recently extended its lease, demonstrating long-term commitment to the site

• Over 12 years of remaining lease term provide durable cash flow visibility

GROWTH MARKET | EXPECTED POPULATION GROWTH

• Surrounding population projected to continue growing over the next five years

• Expanding consumer base supports long-term retail demand and tenant performance

BUILT-IN NOI GROWTH

• Lease includes 5% rental increases every 5 years during the base term

• Continued 5% increases throughout all remaining 5-year option periods

POSITIVE TENANT OUTLOOK

• Family Dollar generated approximately $13 billion in revenue in fiscal year 2025

• Reported 2.5% comparable sales growth and projects continued positive growth in 2026

STRONG SITE PERFORMANCE | TOP 31% NATIONWIDE LOCATION

• Property ranks in the top 31% of locations nationally based on annual visits

• Demonstrates strong and consistent customer traffic levels at the site

FEE SIMPLE OWNERSHIP | TAX DEPRECIATION

• Tax depreciation benefits enhance investor value

• Fee simple ownership offers long-term control of the underlying real estate

Listing Contacts

DD
PA PA RS305854
Marcus & Millichap - Philadelphia
NG
PA RS350646
Marcus & Millichap - Philadelphia
Listed by Marcus & Millichap - Philadelphia

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$143,990.00
$11,999.17/mo

Valuation Metrics

0
DSCR
7.25%
Cap Rate
7.25%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Timothy Stephenson, Jr.
License
PA RMR006104
Brokerage
Marcus & Millichap
Title
Broker of Record
Name
Derrick Dougherty
License
PA RS305854
Brokerage Phone
2155317026
Title
PA
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591