Marcus & Millichap Facilitates $4.62 Million Sale Of Childcare Facility Tenanted By Lightbridge Academy In Bethlehem PA
3001 Linden Street
$4,620,000
$428/SF
Building Size
10,780 SF
Asset Type
Retail
Closing
Apr 8, 2025
AI
The property asset involved in this transaction is a net-leased childcare facility located at 3001 Linden Street, Bethlehem, PA. The sale price of the property was $4,620,000, with a total square footage of 10,780 and a price per square foot of $429.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,620,000
- Address: 3001 Linden Street
- Market: Bethlehem, PA
- Square Footage: 10,780
- Price Per Square Foot: $429
Colin Reder, Derrick Dougherty, and Scott Woodard from Marcus & Millichap facilitated the transaction, representing the seller in the deal. This sale was specifically tenanted by Lightbridge Academy, highlighting the retail use of the property.
Players
Bethlehem Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.43%
Cash-on-Cash
-0.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93