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2900 S 70th St
Philadelphia, PA 19142
7 - Eleven · Retail Property For Sale
Property Facts
About 2900 S 70TH ST , PHILADELPHIA, PA 19142
Marcus & Millichap is pleased to present this 7-Eleven in Philadelphia, which is the largest city in Pennsylvania. The asset has a long tenancy with 7-Eleven, who has been operating at this location for more than 30 years under an absolute-net lease with zero landlord responsibilities. Demonstrating their commitment to this location, 7-Eleven has exercised multiple extension options, and most recently amended their lease to extend for 10 more years. The lease is backed by a corporate guaranty from 7-Eleven, Incorporated; who is consistently ranked number one on CSP Magazine’s Top 202 Convenience Stores. The subject property is located at the signalized, hard corner intersection of South 70th Street and Grovers Avenue. This dense infill neighborhood has more 219,000 residents in less than three miles. Additionally, the subject property is a pad site in the Blue Bell Shopping Center. This grocery-anchored shopping center is home to Grovers Market and Dollar Tree.
Property Taxes
| Parcel Number | 882657400 | Improvements Assessment | $520,920 |
| Land Assessment | $1,215,480 | Total Assessment | $1,736,400 |
Property Taxes
