2517-2519 W Girard Ave - Storefront FOR SALE


Philadelphia, PA 19130- Brewerytown
$900,000 USD
215-302-4400
2517-2519 W Girard Ave, Philadelphia, PA for Sale
$900,000 USD
Storefront - FOR SALE
1/3
null | Request Cap Rate

2517-2519 W Girard Ave
Philadelphia, PA 19130
Brewerytown


HIGHLIGHTS

  • 5,214 SF Retail Portfolio Along W Girard Avenue | Fairmount/Brewerytown, Philadelphia
  • Excellent Visibility | 9,700 VPD and Excellent Residential Foot Traffic
  • Value-Add Investment with By-Right Development Potential | CMX-2.5 Zoning
  • Sticky Tenant Base | Three+ Years Weighted Average Lease Tenure
  • Transit and Commuter Friendly Location | Access to I-76, I-676, Girard Avenue, and Girard Ave SEPTA Line with Connection to Center City

OVERVIEW

SCOPE Commercial Real Estate Services, LLC "SCOPE" is pleased to present the opportunity to acquire 2517-19 W Girard Avenue, an urban retail portfolio along the border of Philadelphia's Fairmount neighborhood. The offering presents itself as a value-add investment with by-right mixed-use development potential. 2517 W Girard Ave is a 5,214-square-foot building with two tenants, Philly Beverages, LLC and Ten Four Therapy. Both leases have approximately 2.5 years remaining and operate on gross leases with an average rental rate of $16.41 per square foot. Given current market rates, there is an opportunity for additional value at lease-up. The retail properties are located adjacent to the signalized confluence of W Girard Ave and W College Ave, offering excellent visibility and accessibility from Center City. It benefits from exposure to an average of 9,700 vehicles daily. Situated in the vibrant West Philadelphia submarket, the property is surrounded by complementary retail and service providers, not to mention a large tenant base with access to over 200,000 residents within Greater Philadelphia. Its strategic position provides direct access to W Girard Avenue, Poplar Street, I-76, and I-676, offering convenient connections to Center City’s downtown area, major employers, and entertainment venues. Additionally, Fairmount Park and the Art Museum are within walking distance. Boasting 100% occupancy and zoned CMX2.5, this property presents an enticing prospect for retail investors seeking a lucrative addition to their portfolio.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$173 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

CMX25

APN/PARCEL ID

882935885

ASK ABOUT THIS PROPERTY

Phil SharrowScope Commercial Real Estate Services, LLCMore Info
215-302-4400

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Phil SharrowScope Commercial Real Estate Services, LLCMore Info
215-302-4400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.