Retail Property with
For Sale
Contact for pricing
12050 Bustleton Avenue, Philadelphia, PA 19116
A sizable retail site offers off-street parking and a dedicated drive-through lane along a busy commercial corridor.
Property Size14,820 SF
Lot Size1.45 Acres
Price / SF$315.79
Days on Market26
Property Features for 12050 Bustleton Avenue
General Information
Standard status
Active
Size
14,820 SF
Total Parking Spaces
57
Lot size
1.45 Acres
Property subtype
Retail
Zoning
CA-1 - Auto Oriented Commercial
Occupancy
100%
Site & Location
Drive-Thru
Yes
Traffic Count
50,000 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
Equity CRE
Listed By:
Bart Delfiner · License #PA RS223488L
(484) 417-2217
Source:
Crexi
Added: Aug 10
Changed: Sep 2
Last Checked: Aug 31 at 8:03PM
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 Equity CRE
Investment Insights
Based on property information with market context.
This retail property includes an approximately 14,820-square-foot building on roughly 1.45 acres. The improvements feature a dedicated drive-through lane and off-street parking, while the sizable parcel may support consideration of multiple retail redevelopment concepts. Zoning is CA-1 - Auto Oriented Commercial.
The property is positioned at a primary intersection in Philadelphia’s northeast quadrant along Bustleton Avenue. The surrounding corridor records nearly 50,000 vehicular ADT and is served by SEPTA Bus Route #119, providing established transportation access for the site.
The property is positioned at a primary intersection in Philadelphia’s northeast quadrant along Bustleton Avenue. The surrounding corridor records nearly 50,000 vehicular ADT and is served by SEPTA Bus Route #119, providing established transportation access for the site.
Key Highlights
- ±14,820 SF retail building
- Approximately 1.45 Acres
- Dedicated drive‑through lane
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$167,499
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,349,980
$3.3M
Cap Rate 7%
$2,392,843
$2.4M
Cap Rate 9%
$1,861,100
$1.9M
Market Conditions
NOI Build-Up for 14,820 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$266.8K $18.00/SF
− Vacancy
−$27.5K −$1.85/SF
EGI
$239.3K $16.15/SF
− OpEx
−$71.8K −$4.84/SF
NOI
$167.5K $11.30/SF
Area
Philadelphia, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,349,980
Cap Rate 7%
$2,392,843
Cap Rate 9%
$1,861,100
Alternative Uses
Best Use
Retail
$2.39M
$2.09M – $2.79M
NOI $167,499 @ 7.0% cap · market cap 3.58%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$3.61M
$3.16M – $4.22M
NOI $252,902 @ 7.0% cap · market cap 5.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
50,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
706
Businesses Nearby
94k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 37%
Shops & Services 35%
Groceries 17%
Dining 11%
The Home Depot
Home Improvements & Furnishings
35,226 visits/mo
0.4 miles
Fine Wine & Good Spirits
Groceries
16,217 visits/mo
0.4 miles
Dollar Tree
Shops & Services
12,168 visits/mo
0.1 miles
Sunoco
Shops & Services
11,798 visits/mo
0.1 miles
Dunkin' Donuts
Dining
7,944 visits/mo
0.3 miles
Demographics for 19116, PA
35,610
Population
14,166
Households
2.5
Avg Household Size
43
Median Age
36%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
6,848
Density / Sq Mi
$67,558
Median Household Income
$43,817
Median Earnings
$1,214
Median Rent
$321,400
Median Home Value
Market
Vacancy Rate% for Retail in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - A sizable retail site offers off-street parking and a dedicated drive-through lane along a busy commercial corridor.
Where is this retail space located?
The property is located at 12050 Bustleton Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $4,680,000.
What are key features of this property?
This property features: ±14,820 SF retail building; Approximately 1.45 Acres; Dedicated drive‑through lane
