This offering includes a tenant with one hundred triple net lease in place. Philadelphia Department of education Will begin lease payments on July 1, 2020 with an annual increase that will yield a revenue close to $900,000 a year triple net in year five. The building was fully rehabbed for its former tenants all systems and mechanicals are in excellent working order. This is an absolute triple net lease where the tenant reimburses landlord for water and sewer, insurance, all taxes, all utilities and all maintenance.