Colliers brokers sale of 9,512 s/f, six-tenant, class A center

ALLENTOWN, PA — Colliers recently completed sale of Shepherd’s Corner at 5585 Hamilton Blvd., Trexlertown, in Lower Macungie Township, Lehigh County. The team of Derek Zerfass, senior vice president of retail brokerage and Jeff Algatt, senior vice president of capital markets, led Colliers’ efforts as the owner’s sale agent. The buyer in this $5,400,000 transaction is a high-net-worth individual represented by Robbie Stephens of ERA Rudy Amelio.

The 9,512 s/f, six-tenant, class A center is 100% leased to a solid roster of franchise tenants on net leases with base rent escalations and terms that do not expire until 2032.

Neighbors in this bustling commercial corridor include Whole Foods, Costco, Target, Dick’s Sporting Goods, Nordstrom Rack, DSW, Giant, Home Depot, Burlington, Air Products HQ, Members 1st HQ, PetSmart, Marshalls, HomeGoods, Top Golf and Raising Cane’s.

Lower Macungie Township is ranked as one of the state’s top municipalities, with booming residential, commercial, and industrial logistics sectors. Trade area demographics are powerful with over 3,000 new residential units on the way close to the site.

Just minutes from I-78, I-476, PA-309 and US-222, Shepherd’s Corner is well maintained, has excellent curb appeal and visibility with extensive frontage on busy Hamilton Blvd., and additional access at the signaled intersection at Krocks Court.