SCOPE Commercial Real Estate Services, LLC (“SCOPE”) is pleased to present qualified investors with the opportunity to acquire the Philadelphia Net-Leased Portfolio, an 11-parcel net-leased portfolio located in Philadelphia, Pennsylvania. The portfolio consists of 6000–6008 Castor Avenue, 4920–4924 North Broad Street, and the Woodland & Greenway Avenue Assemblage, which includes 5604–5608 Woodland Avenue, 5616 Woodland Avenue, 5616R Woodland Avenue, 5609–5611 Woodland Avenue, 5613 Woodland Avenue, 5615 Woodland Avenue, 5608–5612 Greenway Avenue, and 5618–5642 Woodland Avenue. In total, the portfolio comprises 78,763 square feet of building area across approximately 151,714 square feet of land, or 3.48 acres, offering stable in-place income and long-term tenancy within established urban infill neighborhoods.
The portfolio is anchored by Brightside Academy Philadelphia LLC, a leading early childhood education provider operating more than 30 locations across its platform. Brightside occupies the properties at 6000–6008 Castor Avenue, 4920–4924 North Broad Street, and a portion of the Woodland & Greenway Avenue Assemblage. These leases are structured as absolute NNN agreements extending through December 2035, providing investors with predictable cash flow. The Woodland & Greenway Avenue Assemblage, comprised of eight parcels, is further strengthened by a complementary tenant mix, including Culture Lounge, an event venue and hospitality operator that hosts weddings, corporate functions, and private gatherings. Culture Lounge is secured by an absolute NNN lease extending through September 2030. The property also includes Philadelphia Public Auto Auction, an automotive auction and sales operator currently operating on a month-to-month triple net lease, providing near-term leasing flexibility and potential upside. Together, these tenants enhance the property’s overall income profile, reinforce its presence within the surrounding neighborhood, and contribute to a diversified and stable revenue stream.