Overview

Description

Equity Retail Brokers and Eastman Arnold Real Estate are pleased to exclusively offer for sale a multi-tenant property on Frankford Avenue in the Holmesburg neighborhood of northeast Philadelphia. The current tenants include Holmesburg Pharmacy; Patelka Dental; a local contractor’s office; and 3 second-floor apartment units.

Holmesburg Pharmacy and Patelka Dental are operating under new 5-year lease extensions with annual increases and minimal landlord responsibilities through the duration of the terms. The property is positioned directly on Frankford Ave which has about 21,427 VPD passing the site. Just 200 ft from the property is the intersection of Frankford Ave & Rhawn St which has a combined traffic count of 31,126 VPD. Nearby tenants include K Laundry, Ivy Rehab Physical Therapy, Dollar General, 7-Eleven, Fulton Bank, Boston Market, Holmesburg Bakery, and many more local retailers!

Highlights

• Minimal Landlord Responsibilities
• Located on primary thoroughfare with 21,427 VPD passing the site
• Pharmacy, Dental Office, & Contractor Office all recently extended leases
• Strong area demographics

Documents

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