809-843 N 48th St - Storefront Retail/Office FOR SALE


Philadelphia, PA 19139
$4,615,000 USD
267-640-2472
809-843 N 48th St, Philadelphia, PA for Sale
$4,615,000 USD
Storefront Retail/Office - FOR SALE
1/3
null | 7.63% Cap Rate

809-843 N 48th St
Philadelphia, PA 19139


HIGHLIGHTS

  • Credit Tenant Guarantee
  • High Traffic Area
  • 1.7 Acres
  • Federal QOZ Eligible

OVERVIEW

The Dollar General (NYSE: DG) Supermarket at this location has demonstrated its commitment to this site by making request to extend its current lease by an additional 5 years to 2032, with 3 (5) years options thereafter. The site occupies nearly an entire city block (1.7 AC) offering a long term real estate developer steady income from a credit tenant anchor, while eventually hitting a homerun once redeveloping the property.

FOR SALE DETAILS

PRICE

$4,615,000 USD

PRICE/SF

$135 USD /SF

CAP RATE

7.63%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Day Care Center, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.72 AC

LAND SF

74,923 SF

ZONING

CA-2

APN/PARCEL ID

882112300,882112400

ASK ABOUT THIS PROPERTY

Wesley DemingKW CommercialMore Info
267-640-2472

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Wesley DemingKW CommercialMore Info
267-640-2472

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