Ground-Floor Retail
2001 FRANKFORD AVE, Philadelphia, PA 19125
For Sale
Contact for pricing
Retail premises include a usable lower level for additional functional area.
Property Size959 SF
Price / SF$2.61
Days on Market53
Property Features for 2001 FRANKFORD AVE
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
Mallin Panchelli Nadel Realty Inc
Listed By:
Nadia T Bilynsky · License PA RS311101
(215) 413-4900
Source:
Cummingsrealtors
Added: Sep 23
Changed: Nov 12
Last Checked: Nov 12 at 7:31AM
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 Mallin Panchelli Nadel Realty Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail space offers 959 square feet on the ground floor, complemented by a usable lower level. The building was constructed in 2020.
Located at 2001 Frankford Ave in Philadelphia, the property is offered for sale.
Located at 2001 Frankford Ave in Philadelphia, the property is offered for sale.
Key Highlights
- 959 SF of ground‑floor retail space
- Usable lower level
- Building constructed in 2020
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,839
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,780
$216.8K
Cap Rate 7%
$154,843
$154.8K
Cap Rate 9%
$120,433
$120.4K
Market Conditions
NOI Build-Up for 959 SF
Gross rent
$17.3K $18.00/SF
− Vacancy
−$1.8K −$1.85/SF
EGI
$15.5K $16.15/SF
− OpEx
−$4.6K −$4.84/SF
NOI
$10.8K $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%
$216,780
Cap Rate 7%
$154,843
Cap Rate 9%
$120,433
Alternative Uses
Best Use
Retail
$154.8K
$135.5K – $180.7K
NOI $10,839 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$233.8K
$204.6K – $272.8K
NOI $16,365 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,781
Businesses Nearby
22k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 46%
Shops & Services 19%
Electronics 15%
Dining 10%
Grocery Outlet Bargain Market
Groceries
9,949 visits/mo
0.4 miles
Boost Mobile
Electronics
3,365 visits/mo
0.4 miles
Truist
Shops & Services
3,337 visits/mo
0.3 miles
European Wax Center
Beauty & Spa
2,015 visits/mo
0.5 miles
PrimoHoagies
Dining
1,550 visits/mo
0.3 miles
Demographics for 19125, PA
25,325
Population
13,055
Households
1.9
Avg Household Size
34
Median Age
64%
College-Educated
94%
High-School Grad
1.4 sq mi
ZIP Area
18,089
Density / Sq Mi
$110,842
Median Household Income
$62,656
Median Earnings
$1,743
Median Rent
$373,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Philadelphia, PA
Properties on Market for Retail space in Philadelphia
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Retail space - Retail premises include a usable lower level for additional functional area.
Where is this retail space located?
The property is located at 2001 FRANKFORD AVE Philadelphia, PA.
What are key features of this property?
This property features: 959 SF of ground‑floor retail space; Usable lower level; Building constructed in 2020
