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Multi-Tenant Opportunity 141 League St 10,200 SF 100% Leased Retail Building Philadelphia, PA 19147 $1,873,333 ($183.66/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Proximity to Major Retail & Lifestyle Amenities
- Stable Service-Based Tenancy
- Excellent Accessibility
EXECUTIVE SUMMARY
Established Multi-Tenant Property | The asset is fully occupied by two long-standing tenants—Philly Style Mag and Headhouse Salon—providing diversified income from stable, service-oriented and creative uses.
Prime Queen Village Location | Located in the heart of Queen Village, one of Philadelphia’s most desirable and historic neighborhoods, known for walkability, strong residential density, and consistent local demand.
Strong Surrounding Demographics | The property benefits from exceptional area income levels, with average household incomes exceeding $128,000 within one mile, supporting premium services and tenant stability.
High-Density Urban Trade Area | More than 385,000 residents live within a three-mile radius, offering a deep customer base and strong demand drivers for local businesses.
Prime Queen Village Location | Located in the heart of Queen Village, one of Philadelphia’s most desirable and historic neighborhoods, known for walkability, strong residential density, and consistent local demand.
Strong Surrounding Demographics | The property benefits from exceptional area income levels, with average household incomes exceeding $128,000 within one mile, supporting premium services and tenant stability.
High-Density Urban Trade Area | More than 385,000 residents live within a three-mile radius, offering a deep customer base and strong demand drivers for local businesses.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,200 SF
Building Class
C
Year Built
1900
Price
$1,873,333
Price Per SF
$183.66
Cap Rate
6%
NOI
$112,400
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.92
Lot Size
0.08 AC
Zoning
N/Av
Frontage
62’ on League St
Walk Score®
Walker's Paradise (90)
Bike Score®
Biker's Paradise (91)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 883567500 | Improvements Assessment | $952,400 |
| Land Assessment | $238,100 | Total Assessment | $1,190,500 |
PROPERTY TAXES
Parcel Number
883567500
Land Assessment
$238,100
Improvements Assessment
$952,400
Total Assessment
$1,190,500
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