120 W Erie Ave | Philadelphia, PA 19140
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- LoopNet Team
120 W Erie Ave
Philadelphia, PA 19140
Industrial Sale Leaseback · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Long-term (15-year) absolute triple net lease with 2% annual escalations
- Strong guarantor financial profile
- Significant growth potential from industry tailwinds for the convenience store industry
- Experienced management team with combined 250+ years of industry experience
- Mission-critical HQ distribution facility responsible for 100% of revenue generated
PROPERTY FACTS
| Property Type | Industrial | Year Built | 1929 |
| Property Subtype | Warehouse | Parking Ratio | 0.33/1,000 SF |
| Building Class | C | Clear Ceiling Height | 32’ |
| Lot Size | 3.80 AC | No. Dock-High Doors/Loading | 8 |
| Rentable Building Area | 57,226 SF | No. Drive In / Grade-Level Doors | 5 |
| No. Stories | 1 | ||
| Zoning | G-2 | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 3.80 AC |
| Rentable Building Area | 57,226 SF |
| No. Stories | 1 |
| Year Built | 1929 |
| Parking Ratio | 0.33/1,000 SF |
| Clear Ceiling Height | 32’ |
| No. Dock-High Doors/Loading | 8 |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | G-2 |
AMENITIES
- Cooler
- Fenced Lot
- Property Manager on Site
UTILITIES
- Water - City
- Sewer - City
- Heating - Oil (Fired)
PROPERTY TAXES
| Parcel Number | 884040000 | Improvements Assessment | $3,256,600 |
| Land Assessment | $1,397,400 | Total Assessment | $4,654,000 |
PROPERTY TAXES
Parcel Number
884040000
Land Assessment
$1,397,400
Improvements Assessment
$3,256,600
Total Assessment
$4,654,000
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