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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

The United States Postal Service traces its origins to 1775, when the colonial postal system became the Post Office of the United States and Benjamin Franklin served as the first postmaster general. The organization provides mail delivery, package delivery, postage products, and shipping services, including First-Class Mail, Marketing Mail, Periodicals, and Package Services. The business serves residences, businesses, and Post Office Boxes across the nation, and routine operating expenses are funded primarily through postage, products, and services rather than tax dollars. The organization maintains continued emphasis on nationwide delivery reliability, transportation, processing, and package network operations.

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

Planet Fitness
Citizens
Fulton Bank
Philly Pretzel Factory
Boston Market
PNC Bank

Property Taxes

Property Taxes

Parcel Number
882095900
Land Assessment
$291,900
Improvements Assessment
$1,167,600
Total Assessment
$1,459,500
  • Listing ID: 41144949

  • Date on Market: 7/2/2026

  • Last Updated:

  • Address: 8230-8238 Frankford Ave, Philadelphia, PA 19136

Contact the Sale Advisor

Holmesburg Plaza | 8230-8238 Frankford Ave

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