1020 W Broad St
Bethlehem, PA 18018
Bureau Propriété À vendre

1020 W. Broad Street presents the opportunity to acquire a fee simple, single-tenant net leased medical asset occupied by Children's Dental Health of Bethlehem, part of Children's Dental Health Associates. The property is fully leased and serves as one of the organization's locations within a regional platform that has grown to 20 offices across Pennsylvania and Delaware. Children's Dental Health has operated for more than four decades and is affiliated with Chord Specialty Dental Partners, a dental support organization operating pediatric dentistry, orthodontic, oral surgery, and ambulatory surgical center practices across multiple states.
Constructed in 2008 and significantly upgraded through a renovation program completed in 2022, the property benefits from continued tenant investment and occupancy. The lease structure provides annual rent increases during the initial term and renewal options extending the potential occupancy horizon. Recent capital improvements include replacement of all four HVAC units since 2022, supporting the property's operational functionality and long-term maintenance profile.
The asset is positioned along West Broad Street within Bethlehem's West Side neighborhood, a corridor that combines established residential density, neighborhood-serving commercial activity, educational institutions, and healthcare demand drivers. The location offers convenient access to Route 378, Route 22, Interstate 78, and the Pennsylvania Turnpike, connecting the property to the broader Lehigh Valley region, Philadelphia, and the New York metropolitan area. Major regional institutions including St. Luke's University Health Network, Lehigh Valley Health Network, Lehigh University, and B. Braun's U.S. headquarters contribute to a substantial healthcare and employment base that supports long-term demand for medical services. The Lehigh Valley continues to benefit from population growth, expanding healthcare infrastructure, and ongoing economic development activity across the region.