Carvana Investment Property in
For Sale
Contact for pricing
1043 N Front St, Philadelphia, PA
NNN leased Carvana investment property with long-term commitment.
Property Size8,104 SF
Lot Size1.87 Acres
Price / SF$1,872
Days on Market600
Property Features for 1043 N Front St
General Information
Standard status
Active
Size
8,104 SF
Lot size
1.87 Acres
Property subtype
RETAIL
Listing Agency:
SRS Real Estate Partners | Philadelphia
Listed By:
David Wirth · License #RM421531
(484) 883-7537
Source:
Moodyscre
Added: Feb 27, 2025
Changed: Oct 9
Last Checked: Oct 19 at 8:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners | Philadelphia
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Investment Insights
Based on property information with market context.
This is an opportunity to acquire the fee simple interest in a freestanding Carvana investment property located in Philadelphia, Pennsylvania. The property is absolute NNN leased. The tenant, Carvana, LLC, has approximately 17 years remaining on the lease, with 4 (5-year) options to extend, demonstrating a long-term commitment to the site. The lease features increases equal to the lesser of (i) 7.92337% or (ii) 1.25x CPI throughout the initial term and at the beginning of each option period. The property is 8104 square feet. The lease is absolute NNN with zero landlord responsibilities.
Key Highlights
- Absolute NNN lease with zero landlord responsibilities, offering a management‑free investment.
- Approximately 17 years remaining on the lease, indicating long‑term stability.
- Lease includes rent increases equal to the lesser of (i) 7.92337% or (ii) 1.25x CPI, providing protection against inflation.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,194
Businesses Nearby
91k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 44%
Dining 42%
Groceries 8%
Electronics 4%
McDonald's
Dining
23,463 visits/mo
0.2 miles
Lukoil
Shops & Services
22,388 visits/mo
0.3 miles
Fine Wine & Good Spirits
Groceries
6,966 visits/mo
0.3 miles
Dunkin' Donuts
Dining
6,253 visits/mo
0.5 miles
Wells Fargo
Shops & Services
5,966 visits/mo
0.3 miles
Check the figures for this property
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Market
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Car wash - NNN leased Carvana investment property with long-term commitment.
Where is this car wash located?
The property is located at 1043 N Front St Philadelphia, PA.
What is the asking price?
The asking price for this property is $15,171,000.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities, offering a management‑free investment.; Approximately 17 years remaining on the lease, indicating long‑term stability.; Lease includes rent increases equal to the lesser of (i) 7.92337% or (ii) 1.25x CPI, providing protection against inflation.
