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2700 W GIRARD AVENUE, PHILADELPHIA, PA 19130
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$1,973,900
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Home Details for 2700 W GIRARD AVENUE
Price
$1,973,900
Type
Commercial/Industrial
Year Build
1925
Lot Size
0.09
County
PHILADELPHIA
Tax
$7,921
MLS®️ Listing#
PAPH2461266
On exitrealty.com
241 days
Property Description
8% cap rate, 8,000 SF. CMX25 building, 100% Leased Retail Building located in Brewerytown. Brewerytown is a rapidly developing neighborhood of North Philadelphia. The Property recently underwent an exterior and interior renovation in 2018-2019, limited exposure to future deferred maintenance. Fulton Bank has more than 5 years remaining on a NNN* lease and ownership recently executed a new, 7-year lease with one five-year renewal - with significant rent increases during the initial term and annual increases in the option period - with a dance studio tenant for the second floor space. INVESTMENT GRADE CREDIT TENANT
Headquartered in Lancaster, PA, Fulton Bank is a publicly traded (NASDAQ: FULT), investment grade credit rated tenant with a Baa2 rating from Moody’s and over $26B in total assets. More than 50% of Fulton's location footprint is in the Greater Philadelphia area and they have targeted Philadelphia as a significant growth market. RETAIL CORRIDOR - Girard Avenue is quickly becoming a main retail corridor with numerous restaurants and shops between 26th and 30th streets in addition to surrounding national retailers like ALDI, Fine Wine & Good Spirits, Dollar Tree and Boost Mobile. More information and brochure available upon request. Fulton Bank Pro-Rata Share of Taxes, Insurance and CAM = 60%
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- Cooling Information
- Central Air
- Electric
- Heating Information
- Natural Gas
- Forced Air
- Water Features
- Public
- Parking
- On Street
Listing Courtesy: BHHS Fox & Roach-Chestnut Hill - 215-247-3750
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-09-09 14:00:57
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1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143