Financial Summary
| Asking Price | $4,117,647 |
| Cap Rate | 4.25% |
| Net Operating Income (NOI) | $175,000 |
| Lease Type | NN |
Offering Memorandum
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Highlights
- Newly opened branch under long term lease
- Outstanding location in central Philadelphia across from Whole Foods
- S&P A+ rated tenant
- Newly renovated building with minimal landlord responsibilities
- Generational quality asset, ideal for 1031 exchange buyers
- Generous 12% rent increases every five-years
Net Lease Advisor
For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.
Location
926 South Street
Philadelphia, PA
