Colliers Integrated Real Estate Solutions - Real Estate Strategic Advisory Services, Investment Sales, Structured Real Estate Finance

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555 Union Boulevard, Allentown, PA

Offering Summary

Offering For Sale
Price $TBD
Property Type Office / Lab / Flex Space
Address 555 Union Boulevard, Allentown, PA
Project Size 465,327 Gross SF
Leaseback Area 103,301 Gross SF
Total Property Area 41.569 Acres
Number of Buildings 5
Floors 3
Parking 852 spaces
Zoning I-2, Industrial

Investment Highlights

  • 3 Year NNN leaseback of 103,301 sq. ft. at $10 per sq. ft. with 2% annual increases
  • Large frontage along Union Blvd and American Parkway
  • The Property is located in eastern Pennsylvania, within the Allentown-Bethlehem-Easton Metropolitan Statistical Area and is approximately 60 miles north of Philadelphia and 90 southwest of New York City
  • Directly adjacent to the new Coca Cola baseball stadium featuring the Lehigh Valley Iron Pigs, the Philadelphia Phillies AAA Team
  • Close proximity to Intrastate 22 and Lehigh Valley International Airport
  • Tenant is listed on the NYSE under the symbol LSI and has a credit rating of BB