3903 Aramingo Ave | Philadelphia, PA 19137
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- LoopNet Team
3903 Aramingo Ave
Philadelphia, PA 19137
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strong Guarantee: This deal presents strong corporate and governmental leases from reputable entities.
- Attractive Rental Increases: Rise has 2.00% annual rental increases and Fine Wine & Good Spirits has a rental increase in the first option period
- Proven Operator: Fine Wine & Good Spirits generated more than $3.02 billion in sales and taxes in fiscal year 2021-22.
- High Yielding Investment: Property is being offered at a Year-1 in place cap rate of 7.25%.
- Limited Competition: In the state of Pennsylvania, Liquor can only be purchased at state operated stores.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
11,218 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2015
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
2.06 AC
Zoning
CA2 - Auto-Oriented Commercial Districts
Parking
60 Spaces (5.35 Spaces per 1,000 SF Leased)
Frontage
131’ on Aramingo Ave
AMENITIES
- Pylon Sign
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 882126103 | Improvements Assessment | $622,590 |
| Land Assessment | $1,452,710 | Total Assessment | $2,075,300 |
PROPERTY TAXES
Parcel Number
882126103
Land Assessment
$1,452,710
Improvements Assessment
$622,590
Total Assessment
$2,075,300
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