Log In/Sign Up
Your email has been sent.
Holmesburg Plaza 8230-8238 Frankford Ave 7,000 SF 63% Leased Retail Building Philadelphia, PA 19136 $1,800,000 ($257.14/SF) 8.60% Cap Rate
Executive Summary
This property stabilizes at a high 8% cap - there are three vacant units. The anchor tenant is a US Postal Service and 3 of the vacant units have upside. The leases are NNN and the property is located on Frankford Avenue corridor.
Property Facts
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,000 SF
Building Class
C
Year Built
1986
Price
$1,800,000
Price Per SF
$257.14
Cap Rate
8.60%
NOI
$154,800
Percent Leased
63%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.70 AC
Zoning
C6, Philadelphia
Parking
40 Spaces (5.71 Spaces per 1,000 SF Leased)
Frontage
69’ on Frankford Ave
Amenities
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Liberty Licensing & Consulting, LLC
- Professional, Scientific, and Technical Services
- -
- -
- -
- Philly Blends
- Services
- -
- -
- -
-
- Transportation and Warehousing
- -
- $16.26
- Jan 2017
United States Postal Service is the federal mail and package delivery provider for the United States, with roots in the colonial postal system and a modern structure created in the early 1970s. The company handles domestic and international mailing, package shipping, postage sales, ZIP Code lookup, package pickup, tracking, and online shipping tools such as Click-N-Ship. USPS also supports business mailing and shipping services, including mailing options, shipping rates, and commercial tools for sending letters, parcels, and related postal products.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Liberty Licensing & Consulting, LLC | Professional, Scientific, and Technical Services | - | - | - | ||
| Philly Blends | Services | - | - | - | ||
|
|
Transportation and Warehousing | - | $16.26 | Jan 2017 |
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 882095900 | Improvements Assessment | $1,134,000 |
| Land Assessment | $283,500 | Total Assessment | $1,417,500 |
Property Taxes
Parcel Number
882095900
Land Assessment
$283,500
Improvements Assessment
$1,134,000
Total Assessment
$1,417,500
1 of 22
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Holmesburg Plaza | 8230-8238 Frankford Ave