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809-843 N 48th St 34,205 SF 71% Leased Retail Building Philadelphia, PA 19139 $3,950,000 ($115.48/SF) 9.23% Cap Rate
Investment Highlights
- Credit Tenant Guarantee
- 1.7 Acres
- High Traffic Area
- Federal QOZ Eligible
Executive Summary
Located in a densely populated section of Philadelphia, The Dollar General (NYSE: DG) Supermarket is the only grocery store within a .8 mile radius, ensuring tenant stability for the shopping center for years to come.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Financial Summary (Pro Forma - 2027) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2027) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Corner Lot
- Pylon Sign
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Educational Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Brightside Academy began in the early 1990s and has built more than three decades of experience in child care and early education. The company focuses on programs for infants, toddlers, preschool children, and school-age children, including preschool, before- and after-school care, and summer camp offerings. Brightside Academy serves families across Pennsylvania through a network centered on early learning, school readiness, and child development.
-
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Dollar General began in 1939 as J.L. Turner and Son Wholesale Company, a dry-goods business created by J.L. Turner and Cal Turner. The company later evolved into a discount retailer and now focuses on everyday essentials, including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor, alongside private brands and well-known national brands. Dollar General also operates DG Market, DGX, and pOpshelf formats in the United States and Mi Súper Dollar General stores in Mexico, while continuing to build a broad convenience-oriented general merchandise business.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Educational Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
|
|
Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 10,000 SF
- Office/Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 10,000 SF | Office/Retail | - | Now |
1st Floor
| Size |
| 10,000 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,296,800 | |
| Land Assessment | $574,100 | Total Assessment | $2,870,900 |
Property Taxes
