$2,076,000 USD
419-944-3704
413 W Oregon Ave
Philadelphia, PA 19148
South Philadelphia East
HIGHLIGHTS
- 15 Year Ground Lease with Zero Landlord Responsibilities
- Rare Corporate Guarantee from Burger King Company, LLC
- Attractive 10% Rent Increases Every 5 Years, Including Options
- Tenant Completed Full Renovation of Existing QSR, Illustrating their Commitment to the Site and Growth in Local Market
- 27,000+ VPD and an Abundance of Foot Traffic
- Urban Infill Location Less than 1.5 Miles from the Philadelphia Sports Complexes
FOR SALE DETAILS
PRICE
$2,076,000 USD
PRICE/SF
$692 USD /SF
CAP RATE
5.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Burger King | New Corporate Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.23 AC
LAND SF
9,879 SF
ZONING
CMX2
APN/PARCEL ID
882571500
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419-944-3704
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419-944-3704
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