3001 Linden StBethlehem, PA 18017

For Sale
$4,620,000

NNN Lease, 15 Years Remaining, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents a 10,780 square foot, single-story daycare center in Bethlehem, Pennsylvania. Built in 2018 on a 1.85-acre lot, the property boasts a strong 7.00% cap rate and a substantial $323,000 NOI. The property features a 15-year NNN lease with Lightbridge Academy, a well-established tenant, ensuring a secure, long-term income stream with zero landlord responsibilities. The tenant covers all CAM, taxes, insurance, and maintenance. Located on a signalized intersection on Linden Street, the property offers ample parking (43 spaces) and benefits from its location within a thriving educational hub, with over 5,200 students enrolled in seven schools within a three-mile radius. The asking price is $4,620,000, representing a compelling investment opportunity with exceptional fundamentals and a secure, long-term lease. The property is 100% occupied.

Highlights

  • 1.85-acre site at a signalized intersection on Linden Street with a 10,780 SF building (2018 construction) and 43 parking spaces.
  • 15-year lease provides secure, long-term income.
  • Triple-Net (NNN) lease structure shifts all operating expenses to the tenant.
  • Excellent location within a strong educational environment, boasting over 5,200 students in seven schools within a three-mile radius.

Property Details for 3001 Linden St

Property type
Day care centers & nurseries, Other retail properties
Square Feet
10,780 SF
Year Built
2018
Buildings
1
Stories
1
Lot Size (sq. ft)
80,586 SF

Location Insight

City
Bethlehem
County
Northampton
State
Pennsylvania
Latitude
40.65706082834
Longitude
-75.355511036434
3001 Linden St, Bethlehem, Pennsylvania

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
3001 Linden St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message