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Appletree Plaza, a retail property at the gateway to Bethlehem, is on the market for $ 6.5 million | Lee High Valley Regional News

Apple Tree Plaza, a fully leased retail center just off Routes 22 and 512, is on the market for $ 6.5 million. This is evidence that millions of dollars are routinely traded in the Lee High Valley.

The 3301 Busike Properties, Listed as a “mini lifestyle center” on the southwest corner of the intersection of the two main roads. It covers more than 4.5 acres of 20,995 square feet in Hanover Township (Northampton County).

Millions of dollars of local transactions are becoming commonplace, with more than $ 1 million per acre of land for Palmer Township warehouses and millions of dollars in downtown Easton buildings.

Bethlehem-based developer Lou Pektor recently announced a $ 150 million joint venture to invest in and develop local real estate.1 billion dollar scale companies such as Amazon.com Inc, Prologis Inc. and XPO Logistics Inc. are investing locally.

James Balliet, an agent working with Apple Tree Plaza, refused to discuss whether the deal was in progress. If you are interested, please contact the James Matthew Barriet Property Group.

Apple Tree Plaza is on the south route to the city of Bethlehem, but its suburbs are also in “a densely populated area that far exceeds the average household income.”

In short, it brings three of the most important things in real estate. The term “place, place, place” may be derived from British land investor Harold Samuel, but its origin is probably much older.

The retail center is also right next to Monocasie Creek. Be careful not to let geese or ducks step into the parking lot.

Accommodation tenants include Talbot, a retailer of women’s clothing shoes and fashion accessories. Panera Bread, chain bakery and cafe. Kids shop, sweet pea. Barre3, a fitness studio inspired by dance. Gadzooks in the salon and Noe in “Home of Beauty”.

The list price is $ 6.5 million and the price per square foot is about $ 310. According to Northampton County real estate records, the owner is Aspen Realty, a limited liability company.



Appletree Plaza, a retail property at the gateway to Bethlehem, is on the market for $ 6.5 million | Lee High Valley Regional News

Source link Appletree Plaza, a retail property at the gateway to Bethlehem, is on the market for $ 6.5 million | Lee High Valley Regional News

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