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This exceptional investment opportunity presents a fully leased, 14,041 square foot strip center in Easton, Pennsylvania. Located at 3812 Easton-Nazareth Highway, this single-story, 2009-built property sits on a 1.66-acre lot and boasts four national credit-rated tenants: T-Mobile, Mattress Warehouse, UPS Store, and Beyond/Hello. The property benefits from a high-traffic location on Easton-Nazareth Highway (18,000 vehicles per day) and proximity to State Route 33 (63,000 vehicles per day), ensuring excellent visibility and accessibility. All tenants operate under triple-net (NNN) leases, offering significant long-term stability. Three leases include a guarantor, further mitigating risk. The leases have an average of seven years remaining and include rent bumps in the option periods, providing future income growth. The asking price is $5,491,000, representing a 7.35% cap rate and a NOI of $403,583. The strong tenant mix, coupled with the affluent demographics of the surrounding area (over 128,000 population, over 47,000 households, and an average household income exceeding $118,000), makes this a compelling investment. The area is experiencing significant commercial development, including the Park 33 and Carson 33 projects, further enhancing the long-term value of this property. Beyond/Hello's performance ranks in the top 86th percentile nationally, and other nearby retailers also show strong performance metrics. This is a fee simple condominium ownership opportunity with excellent potential for long-term returns.
Highlights
Prime Easton, PA location: Fully leased 14,041 SF strip center on high-traffic Easton-Nazareth Highway (18,000 VPD), near State Route 33 (63,000 VPD).
Major nearby developments: Proximity to significant ongoing commercial development, including over 1.7M SF of new Class A distribution space.
Strong retail corridor: Surrounded by numerous national retailers, indicating a robust retail environment.
High-performing tenant: Beyond/Hello ranks in the top 86th percentile nationally (Placer.ai).
Affluent demographics: 5-mile radius boasts over 128,000 residents, 47,000+ households, and an average household income exceeding $118,000.
Property Details
for 3812 Easton-Nazareth Hwy
Property type
Other retail properties, Individual retail properties
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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