$6,234,482 USD
305-697-3197
7025 Frankford ave
Philadelphia, PA 19135
Tacony-Wissinoming
HIGHLIGHTS
- Ranked among the top 10 most heavily trafficked sites in Pennsylvania, benefiting from exceptional visibility and strong retail cotenancy.
- Features a low rent-to-sales ratio relative to the current rent, highlighting the site's high sales productivity and strong operating performance.
- Walgreens has demonstrated a strong ongoing commitment, most recently by proposing terms in 2025 to facilitate a potential lease extension.
- Strategically positioned on a prominent, signalized hard corner, the property spans two lots totaling approximately one acre.
- Potential cash-on-cash returns exceeding 10%, driven by in-place income and an available financing structure that may allow enhanced leverage.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 13,825 SF Walgreens located at 7025 Frankford Ave in Philadelphia, PA. This asset features a low rent-to-sales ratio relative to the current rent, underscoring the site’s strong sales productivity and robust operating performance.
In Cooperation With Sands Investment Group Pennsylvania, LLC - Lic. PA #RB069072 - BoR: Tom Gorman - Lic. PA #RM424383
FOR SALE DETAILS
PRICE
$6,234,482 USD
PRICE/SF
$451 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens - Philadelphia, PA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Drug Store, Department Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.9 AC
LAND SF
39,204 SF
ZONING
-
APN/PARCEL ID
882396600
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305-697-3197
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305-697-3197
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