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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

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    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.
    (332) 345-2408
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    6301 Frankford Ave Philadelphia, PA 19135
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    Philadelphia, PA 19135
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6301 Frankford Ave Philadelphia, PA 19135
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