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Bethlehem Tech Ctr I 119 Technology Dr

48,000 SF Industrial Building Bethlehem, PA 18015 $6,950,000 ($145/SF)

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Investment Highlights

Excellent Utility Infrastructure
Four On-Site Backup Generators
Close proximity to Lehigh University

18' - 22' Ceiling Heights
Easy highway access
Multiple Clean Rooms Throughout

Executive Summary

One-Story 48,000 SF Industrial Research and Development Building set on 3.9547± acres offers office, finished clean room, and warehouse space. Building Includes 13,720+/- SF of Office, 27,280+/- SF of Clean Room Space and 7,000+/- SF of Warehouse Area. Located in the Keystone Innovation Zone (KIZ), Enterprise Zone, and PA Federal Opportunity Zone (OZ). Along with ample parking, over 120 lined spaces, the property includes multiple ingress and egress with easy access to Routes 378, 22, 309, I-78 and Lehigh Valley International Airport. In the immediate area, there are multiple Corporate neighbors nearby including Lehigh University, Ben Franklin Technology Partners, and Orasure Technologies. Owner/Tenant will enter into a short-term lease through December 31, 2023. Lease terms are negotiable.

119 Technology Dr Brochure 2024

Facility Map

Property Facts

Price	$6,950,000	No. Stories	1
Price Per SF	$145	Year Built	1993
Sale Type	Investment or Owner User	Tenancy	Single
Property Type	Industrial	Clear Ceiling Height	22 FT
Property Subtype	Manufacturing Flex Light Manufacturing Flex Research & Development Industrial Service	No. Dock-High Doors/Loading	3
Building Class	B	No. Drive In / Grade-Level Doors	1
Lot Size	4.00 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Rentable Building Area	48,000 SF

Price	$6,950,000
Price Per SF	$145
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Manufacturing Flex Light Manufacturing Flex Research & Development Industrial Service
Building Class	B
Lot Size	4.00 AC
Rentable Building Area	48,000 SF
No. Stories	1
Year Built	1993
Tenancy	Single
Clear Ceiling Height	22 FT
No. Dock-High Doors/Loading	3
No. Drive In / Grade-Level Doors	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.