7001 Frankford Ave | Philadelphia, PA 19135
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- LoopNet Team
7001 Frankford Ave
Philadelphia, PA 19135
Walgreens | Philadelphia, PA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Passive net lease structure, minimal landlord obligations
- Essential retailer, recession resistant business model
- Eight 5-year renewal options, gives an additional 40 potential years on lease
- Strong, investment grade, national tenant, an industry leader with a fantastic reputation and hundreds of locations nationwide
- Located on a signalized hard corner with strong visibility
- Located in the densely populated metropolis of Philadelphia, PA
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
13,905 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
0.91 AC
Zoning
CA1 - Commercial zoning classification that allows for retail, office, and entertainment businesses use
Parking
38 Spaces (2.73 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signalized Intersection
- Tenant Controlled HVAC
PROPERTY TAXES
| Parcel Number | 882396600 | Improvements Assessment | $3,392,800 |
| Land Assessment | $848,200 | Total Assessment | $4,241,000 |
PROPERTY TAXES
Parcel Number
882396600
Land Assessment
$848,200
Improvements Assessment
$3,392,800
Total Assessment
$4,241,000
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