3875 Kensington Ave - Auto Dealership FOR SALE


Philadelphia, PA 19124- Juniata Park-Feltonville
$3,399,000 USD
267-780-3419
3875 Kensington Ave, Philadelphia, PA for Sale
$3,399,000 USD
Auto Dealership - FOR SALE
1/4
null | Request Cap Rate

3875 Kensington Ave
Philadelphia, PA 19124
Juniata Park-Feltonville


OVERVIEW

3875 Kensington Avenue is a stabilized, multi-tenant automotive and industrial (IOS) investment located on prominent Kensington Avenue in the Harrowgate section of Philadelphia. The property contains approximately 14,807 SF of improvements on a 2.37-acre, fully fenced and paved lot. The asset is leased to four separate automotive tenants producing $23,000 per month ($276,000 annually) in net income, offering an attractive 8.12% in-place cap rate at the asking price. Property features include seven drive-thru doors, one drive-in door, 12’–13’ clear heights, multiple gated access points, and CMX-3 zoning, allowing for a wide range of commercial and industrial uses. The site benefits from excellent access to I-95, the Betsy Ross Bridge, and SEPTA transit, supporting long-term tenant demand and strong underlying land value.

FOR SALE DETAILS

PRICE

$3,399,000 USD

PRICE/SF

$230 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

74

LAND DETAILS

LAND ACRES

2.37 AC

LAND SF

103,237 SF

ZONING

CMX3

APN/PARCEL ID

882171000

ASK ABOUT THIS PROPERTY

Jon O'SheaMcCann CommercialMore Info
267-780-3419

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Jon O'SheaMcCann CommercialMore Info
267-780-3419

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