$2,304,762 USD
770-800-3035
2101 W Oregon Ave
Philadelphia, PA 19145
South Philadelphia West
HIGHLIGHTS
- This property may be purchased individually or as part of a five-property portfolio.
- 9 years of term remaining backed by AutoZone (S&P: BBB).
- Absolute Triple Net (NNN) Ground Lease with zero landlord responsibilities.
- 10% increase in January 2030, plus three (3), five-year renewal options with additional 10% escalations.
- New 2020 construction on a 0.55-acre lot.
- Signalized corner which sees a total of 55,000+ VPD on Oregon Ave and S 21st St.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale a 6,030 SF AutoZone located at 2101 Oregon Ave in Philadelphia, PA. This opportunity features an Absolute Triple Net (NNN) Ground Lease with zero landlord responsibilities and approximately 9 years of remaining term, backed by AutoZone (S&P: BBB). This strong credit tenancy, long-term stability, and passive lease structure make it an exceptional investment opportunity. Can be sold individually or part of a portfolio. Contact brokers for more details.
In Cooperation With Sands Investment Group Pennsylvania, LLC - Lic. PA #RB069072 - BoR: Tom Gorman - Lic. PA #RM424383
FOR SALE DETAILS
PRICE
$2,304,762 USD
PRICE/SF
$382 USD /SF
CAP RATE
5.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
AutoZone - Oregon Ave - Philadelphia, PA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Auto Repair, Service Station, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2021
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.55 AC
LAND SF
24,000 SF
ZONING
CA1
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
770-800-3035
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
770-800-3035
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
