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Retail Property with Drive-Through
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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 Market71

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
Source: Crexi
Added: Aug 10 Changed: Oct 12 Last Checked: Oct 16 at 6:00AM

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

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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.

Key Highlights

  • ±14,820 SF retail building
  • Approximately 1.45 Acres
  • Dedicated drive‑through lane

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$167,499
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
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 (±1% cap)
NOI $252,902 @ 7.0% cap · market cap 5.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Anupama K. Jacob, ... Pharmacy Eleonora Y. Zvenigorodsly, ... Pharmacy Cardtronics ATM Atm Dollar Tree Discount Store Amazon Hub Locker ... Courier Service

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Grocery & Convenience Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

50,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

706
Businesses Nearby
94k
Monthly Visits Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025

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
(484) 417-2217 Call to check price and availability
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