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1020 W Broad St

8,300 SF 100% Leased Office Building Bethlehem, PA 18018 $3,140,478 ($378/SF) 6% Cap Rate

Medical Offices Pennsylvania Bethlehem 1020 W Broad St, Bethlehem, PA 18018

Investment Highlights

  • With a 6% cap rate, the property offers a solid return on investment, reflecting strong income potential and a stable investment opportunity.
  • The building is occupied by Children’s Dental Health Seth Lacey of Bethlehem, a well-regarded and established medical practice.
  • This property is being offered as an investment sale, presenting an opportunity for investors to acquire a fully leased medical office building.
  • The property has approximately 9 years remaining on the current lease, providing long-term stability.
  • Situated on W Broad St in Bethlehem, PA, the property is located in a prominent area with high visibility and easy accessibility.
  • As a medical office building, the property benefits from the ongoing demand for healthcare services.

Executive Summary

This property features an 8,397 square foot medical office building, tailored specifically for healthcare services, making it an ideal investment for medical-related businesses.

Attachments

Marketing Brochure/Flyer

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
8,300 SF
Building Class
B
Year Built
2008
Price
$3,140,478
Price Per SF
$378
Cap Rate
6%
NOI
$188,429
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
4,150 SF
Building FAR
0.60
Lot Size
0.32 AC
Zoning
CL - Limited Commercial
Parking
15 Spaces (1.81 Spaces per 1,000 SF Leased)
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Walk Score ®
Very Walkable (74)
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measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 642718543704-1 Improvements Assessment $846,100
Land Assessment $106,300 Total Assessment $952,400

PROPERTY TAXES

Parcel Number
642718543704-1
Land Assessment
$106,300
Improvements Assessment
$846,100
Total Assessment
$952,400
(484) 273-3567

Contact

  • Listing ID: 29679837

  • Date on Market: 10/2/2023

  • Last Updated:

  • Address: 1020 W Broad St, Bethlehem, PA 18018

More public record information on 1020 W Broad St, Bethlehem, PA 18018

The Office Property at 1020 W Broad St, Bethlehem, PA 18018 is currently available for sale. Contact Colliers for more information.

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1020 W Broad St
(484) 273-3567 x

1020 W Broad St

Seth Lacey

(484) 273-3567

(484) 273-3567

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