4236 Edgmont Ave - Restaurant FOR SALE
Brookhaven, PA 19015 |
4236 Edgmont Ave
Brookhaven, PA 19015
HIGHLIGHTS
- Long term absolute NNN Ground lease that features zero landlord responsibilities or expenses
- Subject property (0.68 acres) was built brand new in 2022 and features Popeye’s latest and most modern prototype with drive-thru and dedicated off-str
- Franchisee corporate guaranty by AP Northeast Management, LLC, a multi-unit fast-food operator with locations across multiple states
- 10% rental increases every five years in the base term and larger 12% rental increases in both option periods
- Located along Edgmont Avenue (Route 352), the main retail corridor in this submarket, with great visibility and multiple points of access
- Located just 13 miles from Center City Philadelphia, in an affluent (AHHI $119K+) and densely populated (215K+) submarket with regional accessibility
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Popeyes | Brookhaven PA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Freestanding
TOTAL BUILDING SIZE
2433
STORIES
1
YEAR BUILT
2022
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
05-00-00422-00
