Office Space - For Sale
1220 3rd Street Fullerton, PA 18052
Details & Description
Price: $2,525,000
  • Property Type Office for Sale : Medical
  • Lot Size Acres 0.900
  • Building Sq Ft 7,791
  • Building Price per Sq Ft $324.09
  • Land Sq Ft 39,204
  • Land Price per Sq Ft $64.41
The investment benefits from a 15 year lease (9.9 years remaining) which includes a 10% rent increase every 5 years with BBB+ rated DaVita Healthcare Partners Inc. DaVita selected this site in 2016, which is located just down the street from a St. Luke’s Outpatient Primary Care facility, and spent approximately $1,400,000 in tenant improvements.The subject property is located near the center of Whitehall, PA, with access to both I-22 and I-435, and sits near the Allentown Lehigh Valley International Airport, Pennsylvania’s 4th largest airport. The property is used as the submarket’s hemodialysis treatment center for chronic adult patients and has 13 dialysis stations. The convenient location provides additional access and availability for this service as the other nearby St Luke’s DaVita locations mainly serve as in-home training centers, Pediatric Dialysis centers, and Peritoneal Dialysis centers. The nearby Allentown locations have a lower station count which makes the subject site attractive for DaVita and its patients.
Listing Agents
Bryan Webb
Capital Pacific
O: 415-274-2717
bwebb@capitalpacific.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

1220 3rd Street

Fullerton, PA 18052

Listing ID: 259225
$2,525,000
For Sale
  • Property Type Office for Sale : Medical
  • Lot Size Acres 0.900
  • Building Sq Ft 7,791
  • Building Price per Sq Ft $324.09
  • Land Sq Ft 39,204
  • Land Price per Sq Ft $64.41
  • 1220 3rd Street Fullerton, PA 18052 | for Sale | Photo 1
  • 1220 3rd Street Fullerton, PA 18052 | for Sale | Photo 2
  • 1220 3rd Street Fullerton, PA 18052 | for Sale | Photo 3
1220 3rd Street | for Sale | Thumbnail 1
1220 3rd Street | for Sale | Thumbnail 2
1220 3rd Street | for Sale | Thumbnail 3
Description

The investment benefits from a 15 year lease (9.9 years remaining) which includes a 10% rent increase every 5 years with BBB+ rated DaVita Healthcare Partners Inc. DaVita selected this site in 2016, which is located just down the street from a St. Luke’s Outpatient Primary Care facility, and spent approximately $1,400,000 in tenant improvements.

The subject property is located near the center of Whitehall, PA, with access to both I-22 and I-435, and sits near the Allentown Lehigh Valley International Airport, Pennsylvania’s 4th largest airport. The property is used as the submarket’s hemodialysis treatment center for chronic adult patients and has 13 dialysis stations. The convenient location provides additional access and availability for this service as the other nearby St Luke’s DaVita locations mainly serve as in-home training centers, Pediatric Dialysis centers, and Peritoneal Dialysis centers. The nearby Allentown locations have a lower station count which makes the subject site attractive for DaVita and its patients.

Attachments & Files

Listing Demographics for 1220 3rd Street Fullerton, PA 18052

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population9,724116,273232,421
Population Median Age413638
Population by Age0-9 Yrs873 (8%)16446 (14%)29236 (12%)
10-19 Yrs1318 (13%)16303 (14%)31928 (13%)
20-29 Yrs1250 (12%)18480 (15%)35129 (15%)
30-39 Yrs1387 (14%)16336 (14%)31453 (13%)
40-49 Yrs1118 (11%)12663 (10%)26449 (11%)
50-59 Yrs1457 (14%)14508 (12%)28497 (12%)
60-69 Yrs988 (10%)11101 (9%)24388 (10%)
70+ Yrs1334 (13%)10435 (8%)25342 (10%)
Median HH Income$50,016$47,808$53,514
Total Household Income< 24K982 (22%)10702 (25%)18929 (21%)
25-49K1181 (27%)11545 (27%)22053 (25%)
50-74K746 (17%)7783 (18%)16499 (18%)
75-99K635 (14%)5540 (13%)11484 (13%)
100-199K745 (17%)6125 (14%)14923 (17%)
200K+37 (0%)830 (1%)3045 (3%)
Highest Education LevelNo Diploma5981338522022
Diploma or GED28892815455379
Some College12231399428084
Assoc. Degree764629513644
Bachelors Degree877854421647
Higher Degree495450812840
Total Housing Units4,55345,68592,637
--Owner-Occupied2,42520,76348,108
--Renter-Occupied1,90221,76238,824
Owner-Occupied Values< 100K22941556776
100-199K16091113924266
200-299K522429511282
300-399K158403674
400-499K25104966
500K+242311144
Total Working Age Population8,09789,711184,637
In Work Force5,38958,607117,986
Not In Work Force2,70831,10566,651
Workforce Employed5,07853,562109,600
Workforce Unemployed3115,0188,312
Civlian Workforce5,38958,580117,912
Military Workforce02774
Total Households4,32742,52686,932
Family Households2,54228,12256,387
Non-Family Households1,78514,40430,545
Married Couple1,84716,10435,661
Other Family69512,01820,727
Married w/Child6586,46513,491
Single Male w/Child781,3672,801
Single Female w/Child3215,8009,294

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Pennsylvania12,281,054+312,702,379+413,230,170+413,759,594
Berks County373,638+10411,442+7440,143+7471,457
Bucks County597,635+5625,249+1629,420+1637,730
Lehigh County312,090+12349,497+5365,909+5385,431
Northampton County267,066+11297,735+4309,231+4321,338

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Other Office Space Listings for Sale Nearby
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927 Hamilton Street, Allentown, PA $750,000 5300 0.15
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115 East Broad Street, Bethlehem, PA $265,000 2696 0.06
5018 Medical Center Circle, Allentown, PA CALL 24800 -
25 South Broad Street, Nazareth, PA $685,000 11140 0.3
25 South Broad Street, Nazareth, PA $685,000 11140 0.3
3735 Nazareth Road, Easton, PA CALL 10445 2.91
125 North Warren Street, Easton, PA CALL 26139 0.83
Closest Commercial Airports
Airport Distance (mi)
Philadelphia International Airport (PHL) 55
Newark Liberty International Airport (EWR) 68
La Guardia Airport (LGA) 84
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