Investment Overview

Marcus & Millichap is pleased to present 305 W. Fourth Street, a recently extended term CVS pharmacy located in Bethlehem, Pennsylvania. The retail property is a one-story building covering 10,125 square feet and is situated on 1.05 acres of land. It was built in 1999 and is currently 100% occupied by a national retailer that has been consistently operating at this location for more than 25 years. The property is located at the intersection of two of the main streets in the city and a signaled corner intersection. It fronts Broadway, which has a daily traffic count of 8,914 vehicles per day, and W. Fourth Street, which has a daily traffic count of 8,807 vehicles per day. This location is steps away from Lehigh University Main Campus with approximately 7,590 students matriculating and 4,071 employees. Located an eight-minute drive from the Lehigh Valley International Airport. The property is steps from the gorgeous Lehigh River and one of two major crossing points of the river, The Fahy Bridge. The property is surrounded by more than 187,000 residents within a ten-mile radius and minutes from the St. Luke's University Hospital, a 400-bed facility.