Family Dollar
$1,727,226
5719 Oxford Avenue, Philadelphia, PA 19149
For Sale
Retail
Active
Last Updated: 07/23/2024
6.35
Cap Rate
109,678
NOI
Details:
Cap Rate: 6.35%
NOI: $109,678
Building Size: 9,500 sqft
Lot Area: 0.66 acres
Lease Type: Double Net
Year Built: 1950
Zoning: CMX-2
Tenancy: Single
Parking Spots: 35
Highlights:
- Commitment to Location: Family Dollar has operated at this location since 2012
- Corporate Guaranty: The lease is backed by Family Dollar's corporate entity
- Strategic Location: The property's position on Oxford Avenue near the Roosevelt Boulevard—a major Philadelphia thoroughfare
- Top Performing Location: This location ranks very high compared to other Family Dollar Locations in customer traffic, according to Placer.ai
Description:
Equity Retail Brokers is pleased to present a Family Dollar in Philadelphia for sale to qualified investors. This offering represents a unique opportunity to acquire a proven, high-performing retail asset in a strategic location with a strong commitment from its tenant. Family Dollar has occupied this site since 2012, demonstrating its long-term value and stability at this site. Recently, Family Dollar re-committed to this location by extending its lease out to 10 years.
Documents:
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EquityRetail-Philly-5719OxfordAve.pdf
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