2650 Penrose Ave | Philadelphia, PA 19145
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- LoopNet Team
2650 Penrose Ave
Philadelphia, PA 19145
Chick-fil-A · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-Term Triple Net (NNN) Ground Lease With No Landlord Responsibility Allowing for 19 Years of Guaranteed Income
- Dense Residential 5-Mile Population of 643,531 People With an Average Household Income of $81,612
- New Construction
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,776 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.82 AC
Zoning
I3
Parking
56 Spaces (11.73 Spaces per 1,000 SF Leased)
AMENITIES
- Drive Thru
- Air Conditioning
ABOUT 2650 PENROSE AVE , PHILADELPHIA, PA 19145
Helios Investment Services is pleased to present exclusively for sale the 4,776 SF single tenant, free standing building leased to Chick-Fil-A at 2650 Penrose Ave, Philadelphia, PA 19145. This deal includes a 20 year primary term (approximately 19 years remaining) Triple Net (NNN) ground lease with zero landlord responsibilities, a corporate guarantee, and rental increases every 5 years, providing for a secure investment.
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