215-561-6565
, Philadelphia, PA for Sale
Retail - FOR SALE
1/10
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City Pizza Portfolio
Philadelphia, PA
Queen Village-Pennsport


HIGHLIGHTS

  • Located in the heart of highly populated and highly desirable South Philly neighborhoods
  • Immediately benefit income producing property
  • Value Add Opportunity for the residential apartments currently achieving a below market rent
  • Corner Properties
  • Business have been operating for over 30 years and will sign a long term lease (10-15 years) before the sale
  • Inquire for financial information

OVERVIEW

The Flynn Company is pleased to represent this rare sale opportunity consisting of two existing income-producing properties located in the highly desirable Whitman and The Girard Estates neighborhoods of South Philadelphia. 100 Snyder Ave has been home to City Pizza, operating out of the first floor and lower level and serving the community for over 20 years. There is a second-floor apartment that sits above the business that is currently being leased out for well below market value. 2700 S 16th Street has been home to another City Pizza for over 30 years and is the flagship location. Another value-add opportunity sits above the first-floor business as the 2nd-floor apartment is also currently being leased out for a rate that is well below market. The properties can be sold individually or ideally as a portfolio. Longer-term leases of 10-15 years will be established for both locations prior to the sale. Please inquire for financial information on the business or to discuss anything in more detail.

ASK ABOUT THIS PROPERTY

Joseph NaselliThe Flynn CompanyMore Info
215-561-6565

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Joseph NaselliThe Flynn CompanyMore Info
215-561-6565

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