4.5 ACRES AT AIRPORT ROAD AND ROUTE 22- LEHIGH VALLEY

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4.5 ACRES AT AIRPORT ROAD AND ROUTE 22- LEHIGH VALLEY 2940 AIRPORT ROAD BETHLEHEM, PA 18017 Joseph Genay, CCIM, LEED-AP Senior

1 4.5 ACRES AT AIRPORT ROAD AND ROUTE 22- LEHIGH VALLEY 2940 AIRPORT ROAD BETHLEHEM, PA Joseph Genay, CCIM, LEED-AP Senior Advisor SVN IMPERIAL REALTY 1611 POND ROAD, SUITE 200, ALLENTOWN, PA OFFERING MEMORANDUM

PROPERTY INFORMATION 3 Property Summary Property Description Complete Highlights Additional Photos LOCATION INFORMATION 8 Regional Map Location Maps Aerial Map DEMOGRAPHICS 12

2 PROPERTY INFORMATION 3 Property Summary Property Description Complete Highlights Additional Photos LOCATION INFORMATION 8 Regional Map Location Maps Aerial Map DEMOGRAPHICS 12 Demographics Report Demographics Map ADVISOR BIOS 15 Advisor Bio & Contact 1 Back Page 4.5 ACRES AT AIRPORT ROAD AND ROUTE 22- LEHIGH VALLEY 2940 AIRPORT ROAD, BETHLEHEM, PA OFFERING MEMORANDUM

5 ACRES AT AIRPORT ROAD AND ROUTE 22- LEHIGH

3 1 PROPERTY INFORMATION 2940 Airport Road Bethlehem, PA ACRES AT AIRPORT ROAD AND ROUTE 22- LEHIGH VALLEY 2940 AIRPORT ROAD BETHLEHEM, PA SVN Imperial Realty Page 3

Property Summary OFFERING SUMMARY Sale Price: Subject To Offer Lot Size: 4.49 Acres Zoning: CG: General Commercial Market: Lehigh Valley Price / SF: - PROPERTY OVERVIEW A 4.

4 Property Summary OFFERING SUMMARY Sale Price: Subject To Offer Lot Size: 4.49 Acres Zoning: CG: General Commercial Market: Lehigh Valley Price / SF: - PROPERTY OVERVIEW A 4.5-acre commercial site at Airport Road and Route 22 at a light-controlled, corner intersection only 120 yards from Route 22! This level corner parcel is the only opportunity along the entire length of Route 22 in the Lehigh Valley to have the most proximate location to Route 22 for a commercial use! Was an Army Reserve Center and is now being offered as a commercial site for the very first time. The site possesses 360 linear feet along Airport Road and 494 linear feet along Avenue A. The site offers optimum exposure, accessibility and zoning! Ideal site for gas/convenience, medical, retail, restaurant, service-oriented. Approximately 85% of site has existing impervious surfaces thereby mitigating drainage retention requirements. PROPERTY HIGHLIGHTS Most Proximate Commercial Site to Rte 22 in the Lehigh Valley 4.49 Acres of Commercial Ground At a Light-Controlled Corner Location Only 120 yards from Route 22 Perfect for gas/convenience, medical, restaurant, retail The General Commercial Zoned District permits a very wide range of uses & Minimum Lot Size Requirement is 2,000 (two thousand) SF! 4.5 ACRES AT AIRPORT ROAD AND ROUTE 22- LEHIGH VALLEY 2940 AIRPORT ROAD BETHLEHEM, PA SVN Imperial Realty Page 4

5 Property Description PROPERTY OVERVIEW A 4.5-acre commercial site at Airport Road and Route 22 at a light-controlled, corner intersection only 120 yards from Route 22! This level corner parcel is the only opportunity along the entire length of Route 22 in the Lehigh Valley to have the most proximate location to Route 22 for a commercial use! Was an Army Reserve Center and is now being offered as a commercial site for the very first time. The site possesses 360 linear feet along Airport Road and 494 linear feet along Avenue A. The site offers optimum exposure, accessibility and zoning! Ideal site for gas/convenience, medical, retail, restaurant, service-oriented. Approximately 85% of site has existing impervious surfaces thereby mitigating drainage retention requirements. LOCATION OVERVIEW Located within 450 feet from Route 22 on Airport Road at a light-controlled intersection is this 4.49 Acre Commercial zoned parcel. It is located in the very center of the Lehigh Valley. 4.5 ACRES AT AIRPORT ROAD AND ROUTE 22- LEHIGH VALLEY 2940 AIRPORT ROAD BETHLEHEM, PA SVN Imperial Realty Page 5

medical, restaurant, retail The General Commercial Zoned District permits a very wide range of uses & Minimum Lot Size

6 Complete Highlights SALE HIGHLIGHTS Most Proximate Commercial Site to Rte 22 in the Lehigh Valley 4.49 Acres of Commercial Ground At a Light-Controlled Corner Location Only 120 yards from Route 22 Perfect for gas/convenience, medical, restaurant, retail The General Commercial Zoned District permits a very wide range of uses & Minimum Lot Size Requirement is 2,000 (two thousand) SF! 4.5 ACRES AT AIRPORT ROAD AND ROUTE 22- LEHIGH VALLEY 2940 AIRPORT ROAD BETHLEHEM, PA SVN Imperial Realty Page 6

7 Additional Photos Economic Forces in the Area 4.5 ACRES AT AIRPORT ROAD AND ROUTE 22- LEHIGH VALLEY 2940 AIRPORT ROAD BETHLEHEM, PA SVN Imperial Realty Page 7

8 2 LOCATION INFORMATION 2940 Airport Road Bethlehem, PA ACRES AT AIRPORT ROAD AND ROUTE 22- LEHIGH VALLEY 2940 AIRPORT ROAD BETHLEHEM, PA SVN Imperial Realty Page 8

9 Regional Map 4.5 Acres at Airport Road and Route 22- Lehigh Valley 4.5 ACRES AT AIRPORT ROAD AND ROUTE 22- LEHIGH VALLEY 2940 AIRPORT ROAD BETHLEHEM, PA SVN Imperial Realty Page 9

10 Location Maps 4.5 ACRES AT AIRPORT ROAD AND ROUTE 22- LEHIGH VALLEY 2940 AIRPORT ROAD BETHLEHEM, PA SVN Imperial Realty Page 10

11 Aerial Map 4.5 Acres at Airport Road and Route 22- Lehigh Valley 4.5 ACRES AT AIRPORT ROAD AND ROUTE 22- LEHIGH VALLEY 2940 AIRPORT ROAD BETHLEHEM, PA SVN Imperial Realty Page 11

12 3 DEMOGRAPHICS 2940 Airport Road Bethlehem, PA ACRES AT AIRPORT ROAD AND ROUTE 22- LEHIGH VALLEY 2940 AIRPORT ROAD BETHLEHEM, PA SVN Imperial Realty Page 12

13 Demographics Report 1 MILE 3 MILES 5 MILES Total population 4,847 58, ,512 Median age Median age (male) Median age (female) Total households 2,248 24,076 88,752 Total persons per HH Average HH income $56,186 $62,025 $55,830 Average house value $185,978 $221,675 $208,665 * Demographic data derived from 2010 US Census 4.5 ACRES AT AIRPORT ROAD AND ROUTE 22- LEHIGH VALLEY 2940 AIRPORT ROAD BETHLEHEM, PA SVN Imperial Realty Page 13

Demographics Map POPULATION 1 MILE 3 MILES 5 MILES Total population 4,847 58,388 231,512 Median age 49.2 41.7 36.4 Median age (male) 46.6 40.5 35.1 Median age (Female) 50.6 43.2 38.

14 Demographics Map POPULATION 1 MILE 3 MILES 5 MILES Total population 4,847 58, ,512 Median age Median age (male) Median age (Female) HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES Total households 2,248 24,076 88,752 # of persons per HH Average HH income $56,186 $62,025 $55,830 Average house value $185,978 $221,675 $208,665 * Demographic data derived from 2010 US Census 4.5 ACRES AT AIRPORT ROAD AND ROUTE 22- LEHIGH VALLEY 2940 AIRPORT ROAD BETHLEHEM, PA SVN Imperial Realty Page 14

15 4 ADVISOR BIOS 2940 Airport Road Bethlehem, PA ACRES AT AIRPORT ROAD AND ROUTE 22- LEHIGH VALLEY 2940 AIRPORT ROAD BETHLEHEM, PA SVN Imperial Realty Page 15

16 Advisor Bio & Contact 1 JOSEPH GENAY, CCIM, LEED-AP Senior Advisor 1611 Pond Road, Suite 200 Allentown, PA T C joseph.genay@svn.com PROFESSIONAL BACKGROUND Personally, consistently produced annual sales of $3M to $8M winning the multi-million dollar transactions award year upon year. Had structured one of the earliest 1031 Tax Deferred Exchanges in the area decades ago. Transacted with selected clients in investment and industrial brokerage, site selection, and land development-often on a fee basis. Developed and managed a commercial real estate appraisal and consulting group. Have provided expert testimony for Appeals Courts in Berks, Lehigh, Luzerne Counties, Zoning Hearings, Planning Commission Meetings, and other Municipalities Boards. Over the past fifteen years, in the process of conducting over 150 analyses, appraisals and market feasibility studies, I have developed a sub-specialty in the field of senior housing. Conducted valuations and feasibility studies (including Highest and Best Use, Subdivision, and Discounted Cash Flow Analyses) on all types of commercial, industrial and investment type properties including manufacturing plants, warehouses, flex buildings, hotels, office buildings, office parks, planned residential developments of units, continuing care retirement centers, assisted living facilities, skilled nursing centers, medical offices, clinics. Initiated and developed the commercial, industrial and investment division of a major brokerage firm- Involved in marketing, leasing, and sale of hundreds of different successful transactions for all types of clients from institutional, corporate and private sectors. The division won name recognition to be considered among the most highly regarded commercial real estate forces in the business community. Started mortgage company/division that resulted in eventual sale to a regional banking firm. Initially, we had to learn the basics of mortgage financing and the rigors of acceptance of a mortgage package in the secondary mortgage market. EDUCATION Bachelor of Science, Pennsylvania State University. Commercial Investment Real Estate Institute Courses Post Graduate Education at Muhlenberg University, Baruch University, New York University MEMBERSHIPS & AFFILIATIONS Appraisal Institute National Association of Realtors. Lehigh Valley Association of Realtors. National Member of the Commercial Investment Real Estate Institute (CIREI) & PA/DE/NJ Chapter of the Commercial Investment Real Estate Institute. Associate Member of the Appraisal Institute. Member of the Urban Land Institute (ULI) Member of International Council of Shopping Centers (ICSC) Member of the Green Building Institute 4.5 ACRES AT AIRPORT ROAD AND ROUTE 22- LEHIGH VALLEY 2940 AIRPORT ROAD BETHLEHEM, PA SVN Imperial Realty Page 16

THE DIAMOND HEAD BUILDING

THE DIAMOND HEAD BUILDING 1957 HOOVER COURT HOOVER, AL 35226 Gayle Belcher, CCIM, CPM Managing Director 205.369.3600 gayle.belcher@svn.com Evan Dujanovic Senior Advisor 205.283.7079 evan.dujanovic@svn.com