2651 Wheatsheaf Lane – Philadelphia, PA 19137 NNN Land Lease Investment Asking Price: $795,000 Current Tenant: Towing & vehicle storage operator Lease: 5-year NNN lease (started April 2024) Rent: $5,200/mo with 4% annual bumps up to $5,849/mo by Year 5 Renewal: Tenant has 5-year option at landlord’s set rent Expenses: Tenant pays taxes, insurance, maintenance, utilities, snow removal, etc. Low-touch management, stable income ?? Year 1 NOI: $63,400 ?? Year 1 Cap Rate: ~7.97% This is a turnkey passive income play with built-in rent growth, perfect for 1031 buyers or investors who want simple mailbox money.