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Chick-Fil-A 2421 W Cheltenham Ave 4,596 SF Retail Building Philadelphia, PA 19150 $2,568,047 ($558.76/SF) 4.25% Cap Rate
Investment Highlights
- OUTPARCEL TO GREENLEAF AT CHELTENHAM (8M+ ANNUAL VISTORS)
- TOP TENANT PERFORMANCE
- DENSE INFILL SUBMARKET | LOCAL QSR’S ARE THRIVING
- CORPORATE GUARANTEE | LARGEST QUICK-SERVICE RESTAURANT IN US
- RECENT TENANT CAPITAL IMPROVEMENTS | COMMITMENT TO SITE
- SIGNALIZED INTERSECTION | ROUTE 309
Property Facts Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,596 SF
Building Class
C
Year Built
2011
Price
$2,568,047
Price Per SF
$558.76
Cap Rate
4.25%
NOI
$109,142
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.87 AC
Zoning
C2 - Commercial
Parking
25 Spaces (5.44 Spaces per 1,000 SF Leased)
Frontage
43’ on Cheltenham Ave
Amenities
- Pylon Sign
- Drive Thru
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 31-00-05701-009 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,172,500 |
Property Taxes
Parcel Number
31-00-05701-009
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,172,500
Contacts
-
Derrick Dougherty -
Scott Woodard -
Jacob Haslach -
Dougherty And Partners of Marcus & Millichap
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