Retail Business for Sale in Allentown, PA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Allentown, PA 18109
  • Year built: 1932

Description

Marcus & Millichap is pleased to present the investment opportunity located at 718 N. Quincy Street in Allentown, Pennsylvania. The property features a 23,718-square-foot industrial asset leased to InReach and the Sodexo. The asset operates under a single net lease structure, providing investors with a stable and passive income stream. The lease commenced occupancy on January 1, 2025, with a lease term extending through December 31, 2027. Notably, the current lease includes three renewal options alongside attractive 2.5 percent annual rent escalations. The property generates $232,288 in gross income and $184,678 in net operating income, representing a 9.67 percent cap rate based on the $1.909 million asking price. Situated on 0.68-acres with an additional 0.14-acre corner lot, the property offers a functional industrial layout with a 15’-6” clear height, making it well suited for a variety of industrial users. The site's configuration supports efficient operations, logistics flow, and future adaptability. The property benefits from a 2025 renovation and the installation of a new Carlisle SyntTec Systems roof, contributing to both durability and curb appeal. Overall, this asset is recently upgraded and tax-stable, offering strong cash flow and low operating expenses. These features, combined with the long-term value potential and corporate tenancy, position the property as a potentially attractive, lower-risk investment opportunity in the industrial sector. Investment Highlights: • Corporate-Credit Single-Tenant Industrial Asset Leased to Sodexo Subsidiary InReach • Attractive 9.67 Percent Cap Rate with Long-Term Lease Through December 2027 and Annual Rent Increases • Single-Net Lease Structure Providing Passive Income with Minimal Landlord Responsibilities • Recently Renovated In 2025 Featuring New TPO Roof and Enhanced Durability

Market Context

This retail in Allentown, PA is listed for sale. It is offered at an approximate 9.7% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 1932. It has been on the market for 54 days. Compare it against other retail listings for sale in Allentown, PA — <a href="/search/sale/retail/pennsylvania/allentown">view the full market</a>.

Unified Estimate

Low Confidence

$66.30/SF – $89.70/SF

Mid: $78.00/SF

Rate estimator only; cost-of-business estimate unavailable.

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