Northmarq is pleased to offer for sale to qualified investors the opportunity to acquire the fee simple interest in a single-tenant bank facility located in Allentown, Pennsylvania (the "Property"). The Property consists of 0.33 acres and a two-floor, 6,500-square-foot building that was built in 1958 and has been renovated recently to the exact specifications of the Tenant. The Property is located at the intersection of Union Boulevard (14,795 VPD) and North Quebec Street near the Lehigh Shopping Center. There are 498,222 in population in a ten-mile radius with an average household income in excess of $107,000. The Tenant strategically selected this site to grow its presence in the Lehigh Valley market. The Tenant recently executed a fifteen (15) year lease expiring December 19, 2039. The initial rent is $279,300 with 2% annual increases throughout the primary term of the lease. The lease is absolute NNN with zero landlord responsibilities making this a truly passive investment for prospective purchasers. Quaint Oak Bank is a Pennsylvania-chartered stock savings bank and wholly-owned subsidiary of Quaint Oak Bancorp, Inc., headquartered in Southampton, PA and conducts business through three regional offices located in the Delaware Valley, Lehigh Valley (Subject Property) and Philadelphia markets. Quaint Oak Bancorp’s subsidiary companies include Quaint Oak Abstract, Quaint Oak Insurance Agency, Quaint Oak Mortgage, and Oakmont Commercial. As of December 31, 2023, Quaint Oak Bancorp, Inc. generated over $33.7 million in revenue yielding it over $2.32 million in net income. Quaint Oak Bancorp, Inc. is publicly traded on the OTCQB venture market as QNTO.