6713 Ogontz Ave - Office FOR SALE


Philadelphia, PA 19126- West Oak Lane
$1,300,000 USD
215-651-5888
6713 Ogontz Ave, Philadelphia, PA for Sale
$1,300,000 USD
Office - FOR SALE
1/34
null | 10.99% Cap Rate

6713 Ogontz Ave
Philadelphia, PA 19126
West Oak Lane


HIGHLIGHTS

  • Leased through 2031
  • 3% Annual Increase
  • NNN Lease

OVERVIEW

Seize the chance to own a high-performing, income-generating property in a prime location! This well-maintained commercial building is currently leased to a well-established home healthcare agency at $12,240 per month on a Triple Net (NNN) lease through September 2031, with a 3% annual rent increase and an option to renew. The NNN lease requires the tenant to cover all costs, including charges, taxes, insurance premiums, U&O tax, and utilities—providing you with a truly passive income stream. Step inside to find a spacious and welcoming waiting room that leads to seven office spaces, two large conference rooms, a dedicated therapy room, a kitchen, and five half bathrooms. The property also offers multiple versatile areas in the back, perfect for hosting events, speakers, or educational programs. Additionally, there’s a large, clean basement space, enhancing the property's functionality. Positioned on Ogontz Avenue, ensuring high visibility and accessibility. With a stable tenant in place and built-in rental growth, this is a solid investment opportunity that promises reliable income. Don’t miss out on this exceptional investment—schedule your showing today and unlock the potential of this remarkable property!

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$337 USD /SF

CAP RATE

10.99%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

CMX2

APN/PARCEL ID

882918230

ASK ABOUT THIS PROPERTY

Ryan KanofskyKW EmpowerMore Info
215-651-5888

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Ryan KanofskyKW EmpowerMore Info
215-651-5888

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