Park Plaza Office Bldg | 3400 Bath Pike
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Park Plaza Office Bldg 3400 Bath Pike
43,994 SF 72% Leased Office Building Bethlehem, PA 18017 $5,750,000 ($131/SF) 7.91% Cap Rate
Investment Highlights
- Located at the signalized intersection of Routes 22 and 512, situated on a corner lot.
- Centrally located to major highways, shopping, hospitals, colleges, and more.
- Park like setting on seven acres overlooking the scenic Monocacy Creek.
- Option to build to suit with landlord fit-out allowance.
Executive Summary
Welcome to the office building at 3400 Bath Pike, a prestigious commercial property located in the thriving city of Bethlehem, PA. This impressive office building offers a prime location, modern amenities, and a professional atmosphere, making it an ideal choice for businesses seeking a distinguished workspace. The building features a well-maintained exterior with a sleek and contemporary design. Upon entering the building, you'll be greeted by a tastefully appointed lobby that sets the tone for the entire space. The lobby features stylish finishes, comfortable seating, and a welcoming ambiance, making a positive first impression on clients and visitors. The office building offers a range of flexible floor plans to accommodate various business needs. Whether you're a small startup, a growing firm, or an established corporation, you'll find suitable spaces that can be tailored to your specific requirements. The office suites are designed to maximize productivity and efficiency, featuring ample natural light, ergonomic workstations, and high-quality finishes throughout. Ample parking is available on-site for patrons. Electric (heat and air conditioning) included. There is the option to build to suit with Landlord fit-out allowance. This location is ideal for medical and professional uses. Surrounding the office building, you'll find an array of amenities including restaurants, cafes, shops, and other essential services. These conveniences provide employees with a range of options for dining, running errands, and entertaining clients. Whether you're looking to establish a new office or relocate your existing business, the office building at 3400 Bath Pike offers a prestigious address, modern amenities, and a supportive business environment. Don't miss this opportunity to elevate your business and create a professional presence in Bethlehem, PA.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
43,994 SF
Building Class
B
Year Built
1970
Price
$5,750,000
Price Per SF
$131
Cap Rate
7.91%
NOI
$455,000
Percent Leased
72%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
10,250 SF
Building FAR
0.15
Lot Size
6.92 AC
Zoning
Commercial
Amenities
- Atrium
- Balcony
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Space | Size | Space Use | Condition | Available |
3rd Fl-Ste 302 | 1,832 SF | Office | Full Build-Out | Now |
3rd Fl-Ste 306 | 4,920 SF | Office | Partial Build-Out | Now |
3rd Fl-Ste 312 | 1,585 SF | Office | Full Build-Out | Now |
4th Fl-Ste 400 | 3,015 SF | Office | Full Build-Out | Now |
4th Fl-Ste 410 | 2,350 SF | Office | Full Build-Out | Now |
3rd Fl-Ste 302
Size |
1,832 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
3rd Fl-Ste 306
Size |
4,920 SF |
Space Use |
Office |
Condition |
Partial Build-Out |
Available |
Now |
3rd Fl-Ste 312
Size |
1,585 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
4th Fl-Ste 400
Size |
3,015 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
4th Fl-Ste 410
Size |
2,350 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
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3rd Fl-Ste 302
Size | 1,832 SF |
Space Use | Office |
Condition | Full Build-Out |
Available | Now |
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3rd Fl-Ste 306
Size | 4,920 SF |
Space Use | Office |
Condition | Partial Build-Out |
Available | Now |
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3rd Fl-Ste 312
Size | 1,585 SF |
Space Use | Office |
Condition | Full Build-Out |
Available | Now |
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4th Fl-Ste 400
Size | 3,015 SF |
Space Use | Office |
Condition | Full Build-Out |
Available | Now |
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4th Fl-Ste 410
Size | 2,350 SF |
Space Use | Office |
Condition | Full Build-Out |
Available | Now |
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2020 Population
5,151
72,198
161,826
2024 Population
5,037
72,349
164,390
Population Growth '20-'24
-2.2%
0.2%
1.6%
2020 Households
2,164
30,152
63,241
2024 Households
2,111
30,079
63,425
Household Growth '20-'24
-2.5%
-0.2%
0.3%
Average Age
48
43
41
Median Household Income
$88,973
$75,612
$70,166
Daytime Employees
5,375
41,648
106,992
Total Businesses
822
5,337
10,191
College Degree + Higher
49%
36%
31%
PROPERTY TAXES
Parcel Number | M6-1-1-0214 | Improvements Assessment | $1,364,300 |
Land Assessment | $188,000 | Total Assessment | $1,552,300 |
PROPERTY TAXES
Parcel Number
M6-1-1-0214
Land Assessment
$188,000
Improvements Assessment
$1,364,300
Total Assessment
$1,552,300
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Park Plaza Office Bldg | 3400 Bath Pike
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