Property History
To View Offering Memorandum and Due Diligence: https://selfstorageadvisory.com/properties/whitehall-pa-development-site/
CBRE’s Self Storage Advisory Group is proud to offer the investment opportunity of the Whitehall, PA Development Site, a property located in the Allentown-Bethlehem-Easton, PA-NJ MSA, within commuting distance of Philadelphia, New York City, and Washington, D.C. The site will feature 879 units spread across 81,432 net rentable square feet of storage space strategically located near the Lehigh Valley International Airport, Lehigh Valley Mall, Whitehall Mall and Walmart Supercenter. The facility will be well positioned to take advantage of the growing demand for self-storage in the area. The Allentown MSA is the #4 GMP economy in the state, consistently highly ranked for regional growth and development. Tertiary markets boast strong projected rent growth over the next five years versus coastal markets, with Allentown projected at the top with 4.2% projected tertiary apartment market growth.
The Whitehall, PA Development Site boasts a superior site location against all competitors with the elevation situated on a higher plane than other retailers located directly on MacArthur Road. The area boasts great demographics, with the 3-5 mile average household income ranging from $72,537 to $84,876 and 233,597 people within a 5-mile radius. The region is growing, with Whitehall Mall and Lehigh Valley Mall having recently added new retailers along with future retailers in planning for the malls and 6,793 future residential units in the development pipeline within a 5-mile radius from the facility. Whitehall Mall (located across the street from the subject property) recently opened a Floor & Decor retailer. The Lehigh Valley Mall (located south of Whitehall Mall) recently welcomed the grand opening of a Cheesecake Factory restaurant with an upcoming grand opening of Barnes & Noble retailer’s renovated space, along with four more business that are coming soon.
Listing Agent
Marc Farris/ CBRE, Inc.
PA Lic. RS373191
Growing Residential Area: 6,793 Future Residential Units in Development Pipeline (5-Mile Radius)
Excellent Visibility: 35,892 VPD Traffic Count (MacArthur Road)
Strong Income Submarket: $84,876 Average Household Income (5-Mile Radius)
Stable Economic Performance: The Allentown MSA is the #4 GMP Economy in the State, Consistently Highly Ranked for Regional Growth and Development
This is an incredible opportunity to purchase 1.45 Acres in
Whitehall Township. The sale opportunity consists of two
parcels: 1176 Mickley Road and 2157 MacArthur Road
(REAR). Property highlights include a 5,000 SF warehouse,
1,958 SF office building, plenty of land for displays or
parking.
1.45 Acres
Access to MacArthur Rd/ Route 145 in Whitehall
5,040 SF Warehouse
1,958 SF Office
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Zoning
Property Details
Contacts
Map
Comparable Properties
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