1536 N American St Philadelphia, PA 19122
Move-in ready retail space, fully reconstructed with modern systems.
Property Features for 1536 N American St
General Information
- Standard status
- Active
- Size
- 9,600 SF
- Property subtype
- RETAIL
Properties For Sale
at 1536 N American St Contact usListing office Newmark | Philadelphia (215) 561-8300
Listing date May 21, 2026
Source Moodyscre
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 Newmark | Philadelphia
Investment Insights
Based on property information with market context.
Key Highlights
- Fully reconstructed in 2021 with modern systems and high‑end finishes
- Move‑in ready
- Ceiling Heights – 16’9” on 1st floor and 13’ on 2nd floor
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $172.8k | $18.00 |
| − Vacancy | −$17.8k | −$1.85 |
| EGI | $155.0k | $16.15 |
| − OpEx | −$46.5k | −$4.84 |
| NOI | $108.5k | $11.30 |
