Educational Institution Tenant
$10,800,000
926 West Sedgley Avenue, Philadelphia, PA 19140
For Sale
Unknown Listing Type
Active
Last Updated: 07/22/2025
8
Cap Rate
46,965 sqft
Building Size
Details:
Cap Rate: 8%
Building Size: 46,965 sqft
Lot Area: 39,430 acres
Description:
This offering includes a tenant with one hundred triple net lease in place. Philadelphia Department of education Will begin lease payments on July 1, 2020 with an annual increase that will yield a revenue close to $900,000 a year triple net in year five. The building was fully rehabbed for its former tenants all systems and mechanicals are in excellent working order. This is an absolute triple net lease where the tenant reimburses landlord for water and sewer, insurance, all taxes, all utilities and all maintenance.
.5 miles to Temple's medical campus
Easy access to SEPTA bus & subway lines
Long term tenant
Single tenant occupancy
Two parking lots
Elevator
Location
Gallery
