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6301 Frankford Ave Philadelphia, PA 19135

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For Sale
$2,125,568

NNN leased Mavis Discount Tire in Philadelphia, PA for sale.

Property size:
15,535 SF
Lot size:
0.99 Acres

Property Features for 6301 Frankford Ave

General Information

Size
15,535 SF
Lot size
0.99 Acres

Source: NNN Pro Group Agent Glen Kunofsky

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Mavis Discount Tire Investment Opportunity

This property features a Mavis Discount Tire located at 6301 Frankford Avenue, Philadelphia, Pennsylvania 19135. The site includes approximately 15535 rentable square feet of building space on an estimated 0.98-acre parcel of land. The property is subject to a 20-year Triple Net (NNN) lease, which commenced on December 1, 2020. The current annual rent is $116,906, with scheduled increases of 7.50% every 5 years.
Insight Report Location Intelligence

Current Use by Public Records

STS Tire & Auto ... Car Repair And Maintenance Service Advance Auto Parts Auto Parts Store UPS Access Point ... Shipping And Mailing Service Mavis Discount Tire Tire Shop

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Custom Dream Cars, J & D Vehicle Repair INC, Cruz Auto Repair, Ray's Auto Repair, Jhon tire shop

Location Insight

  • Map
  • Local Demand
City
Philadelphia
County
Delaware
State
Pennsylvania
Longitude
-75.05959
Latitude
40.027794

FAQs

What type of property is this?
Auto shop - NNN leased Mavis Discount Tire in Philadelphia, PA for sale.
Where is this auto shop located?
The property is located at 6301 Frankford Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $2,125,568.
What are key features of this property?
This property features: - 20-Year Triple Net (NNN) Lease commenced 12/1/2020, offering a long-term, low-management investment.; - Current annual rent of $116,906 provides immediate income.; - Scheduled rent increases of 7.50% every 5 years offer built-in income growth.
More about this property
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