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30 N 4th StEaston, PA 18042
Easton Arts Academy
Asset ClassRetail
overview of deal

Overview

Matthews ™ is pleased to present the opportunity to acquire the condominium

interest in Easton Arts Academy, a K-5 charter school specializing in arts education, located in Easton, Pennsylvania, within the Allentown MSA. The property is leased to Easton Arts Academy Elementary Charter School, Inc., which has over eight years remaining on its current lease term, plus three additional seven-year extension options. The lease terms include 3% rental increases every five years beginning in August 2026 and continuing into the extension periods, providing consistent income growth and protection against inflation.

 

This property features a NNN lease structure with minimal landlord responsibilities, making it a low-maintenance investment for passive investors. The tenant, Easton Arts Academy, offers a robust curriculum for K-5 students, integrating academic and arts-focused education.

 

The property is located in Easton’s Historic Downtown, a highly walkable area with access to numerous businesses and attractions. It is positioned near Interstate 78, a key transportation route carrying over ±68,000 vehicles daily. The surrounding area is home to national retailers such as CVS, The Home Depot, Grocery Outlet, Rite Aid, and Petco, among others. The 5-mile trade area includes a population of more than 125,000 residents and ±45,630 employees, with an average household income of ±$102,000, offering a strong consumer base for the tenant.

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30 N 4th StEaston, PA 18042

Contact

Edward LaycoxExecutive Vice President

License #: License No. 5014702 (MD) 221073 (NC) 0225094421 (VA) B230300924 (WV) ABR006599 (PA) BR98373888 (DC)

(240) 752-0035ed.laycox@matthews.com

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