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7-Eleven 2900 S 70th St 2,560 SF Retail Building Philadelphia, PA 19142 $1,450,000 ($566.41/SF) 6.62% Cap Rate



INVESTMENT HIGHLIGHTS
- 7-Eleven in Philadelphia, PA – Sixth-most populous city in the United States
- Absolute Triple Net Lease (NNN) – Zero landlord responsibilities
- Prime Signalized Hard Corner Location – Increased traffic flow and visibility
- Strong Corporate Guarantee from 7-Eleven, Inc. – S&P credit rating: “A”
- Long-Standing Operating History – 38 years at the site
- Strong Demographics – Over 716,000 residents within 5 miles
EXECUTIVE SUMMARY
Broker of Record
Kyle Matthews
License # RB068831 (PA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # RB068831 (PA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,560 SF
Building Class
B
Year Built
1985
Price
$1,450,000
Price Per SF
$566.41
Cap Rate
6.62%
NOI
$96,003
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.43 AC
Zoning
ASC
Frontage
150’ on 70Th St
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 882657400 | Improvements Assessment | $520,920 |
| Land Assessment | $1,215,480 | Total Assessment | $1,736,400 |
PROPERTY TAXES
Parcel Number
882657400
Land Assessment
$1,215,480
Improvements Assessment
$520,920
Total Assessment
$1,736,400
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