Retail Space /PA /Philadelphia County /Philadelphia /5694A Rising Sun Ave
Retail Space /PA /Philadelphia County /Philadelphia /5694A Rising Sun Ave

5694A Rising Sun Ave - Department Store FOR SALE


Philadelphia, PA 19120 | 
$11,218,033 USD
201-742-6118
5694A Rising Sun Ave, Philadelphia, PA for Sale
$11,218,033 USD
Department Store - FOR SALE
1/6
null | 7.13% Cap Rate
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5694A Rising Sun Ave
Philadelphia, PA 19120

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HIGHLIGHTS

  • Rare Single Tenant Net Leased Property Located in Philadelphia, Pennsylvania
  • Corporate Guarantee by Forman Mills (Owned by Shoppers World)
  • Forman Mills Operates 46 Stores Across 9 States and Washington DC
  • Triple Net Lease with Rental Increases in 2026 and 2028

FOR SALE DETAILS

PRICE

$11,218,033 USD

PRICE/SF

$201 USD /SF

CAP RATE

7.13%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Forman Mills (NNN Lease)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Rising Sun Ave & Adams Ave

LAND ACRES

21.28 AC

LAND SF

926,748 SF

ZONING

G2

APN/PARCEL ID

882086000

ASK ABOUT THIS PROPERTY

Alan CafieroMarcus & MillichapMore Info
201-742-6118

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Alan CafieroMarcus & MillichapMore Info
201-742-6118

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