
7,638 Sqft Lot
7,638 Sqft Lot
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision None Available
MLS Listing ID PAPH2549656
Year Built 1948
Annual Tax Amount $5,064
Tax Year 2025
Lot Size 7,638 Sqft
Acres 0.18
Lot Dimensions 50.00 x 152.00
Property Sub-Type Industrial
Source BRIGHT
Property Description
Investment Highlights:
Lease Structure: Fully Absolute Triple Net (NNN) Lease—tenant pays real estate taxes,
property maintenance, utilities, and all City of Philadelphia business expenses.
Tenant: Stable, established business with a 3-year lease in place.
Annual Net Operating Income (NOI): $50,000+
Cap Rate: Over 6.39%—excellent return in a high-demand market.
Ideal For:
Investors seeking a strong passive income property with excellent long-term
appreciation potential.
Business owners who are looking for high-quality flex space in a strategic Northeast.
Philadelphia location to occupy in the near term.
Location
State PA
County Philadelphia
Area 19136 (19136)
Zoning ICMX
Interior
Hot Water Electric
Heating Other
Cooling Other
Heat Source Electric
Exterior
Garage Spaces 10.0
Water Access N
Accessibility None
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 884939600
Ownership Fee Simple
Special Listing Condition Standard


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