809-843 N 48th St - Freestanding FOR SALE


Philadelphia, PA 19139- West Philadelphia
$3,950,000 USD
267-640-2472
809-843 N 48th St, Philadelphia, PA for Sale
$3,950,000 USD
Freestanding - FOR SALE
1/3
null | 9.72% Cap Rate

809-843 N 48th St
Philadelphia, PA 19139
West Philadelphia


HIGHLIGHTS

  • Credit Tenant Guarantee
  • High Traffic Area
  • 1.7 Acres
  • Federal QOZ Eligible

OVERVIEW

Cap Rate is based on 2026 Pro Forma. Currently there is vacancy of 10,000 SF. Once stabilized, a buyer will enjoy a 9.72% cap rate at the current asking price. Located in a densely populated section of Philadelphia, The Dollar General (NYSE: DG) Supermarket is the only grocery store within a .8 mile radius, ensuring tenant stability for the shopping center for years to come.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

9.72%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Day Care Center, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

1.72 AC

LAND SF

74,923 SF

ZONING

CA-2

APN/PARCEL ID

882112300,882112400

ASK ABOUT THIS PROPERTY

Wesley DemingKW CommercialMore Info
267-640-2472

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Wesley DemingKW CommercialMore Info
267-640-2472

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