SOLD: KW Commercial Brokers Sale of Retail Strip Center for $1,150,000 in Lehigh Valley, PA
Lehigh Valley, PA (2/2013) – KW Commercial-The James Balliet Commercial Group, a full service commercial real estate company with an office located at 40 S. Cedar Crest Blvd. Allentown, PA has recently sold a retail strip center located at 201 S. 3rd Street (Route 309) Coopersburg, PA. The contract sales price was $1,150,000.00.
James Balliet. President of KW Commercial-The James Balliet Commercial Group represented both the Seller, Siner Properties and the Buyer, JACRORY, LP both of Coopersburg, PA.
The 15,061 SF strip center is located along heavily traveled Rt. 309. “We are currently looking at all possible development options for this prime property" states Balliet. “This corridor is in need of more national retailers and we plan on making that happen." Neighboring retail includes Turkey Hill Minit Markets, Burger King, Lafayette Ambassador Bank, Giant Foods and Weis Markets/CVS anchored Fairmont Village Shopping Center.