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Restaurant

Perkins

3400 Lehigh St, Allentown, PA 18103

Listing Price: $1,860,000

Cap Rate
7.50%
Tenant Name
Perkins
Years Remaining On Lease
3.5
Guarantor
Franchisee Guarantee
Rentable SF
5,139
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$27.15

Investment Overview

Fastest growing region in Pennsylvania for the population in the 18-34 age group (6.5% Population Growth - #3 County in PA). Quick and easy access to major highways such as I-476 and the Lehigh Valley International Airport. 60 miles from Philadelphia, and 90 Miles from New York City.

Investment Highlights

  • 1.5 Acres on Lehigh Avenue (21,000 vehicles per day) at a signalized intersection. Lehigh Avenue is a major Allentown Corridor home to some of the nations top retailers and automotive dealerships.
  • Pekins has been at this location for close to 20 years with deep roots in the immediate submarket.
  • Perkins Restaurant Chain was founded in 1958 and now has 270+ locations in 32 US States

Exclusively Listed By

Financing By

Listing Price: $1,860,000

Cap Rate
7.50%
Tenant Name
Perkins
Years Remaining On Lease
3.5
Guarantor
Franchisee Guarantee
Rentable SF
5,139
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$27.15

Investment Highlights

  • 1.5 Acres on Lehigh Avenue (21,000 vehicles per day) at a signalized intersection. Lehigh Avenue is a major Allentown Corridor home to some of the nations top retailers and automotive dealerships.
  • Pekins has been at this location for close to 20 years with deep roots in the immediate submarket.
  • Perkins Restaurant Chain was founded in 1958 and now has 270+ locations in 32 US States

Investment Overview

Fastest growing region in Pennsylvania for the population in the 18-34 age group (6.5% Population Growth - #3 County in PA). Quick and easy access to major highways such as I-476 and the Lehigh Valley International Airport. 60 miles from Philadelphia, and 90 Miles from New York City.

Exclusively Listed By

Financing By

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