Building Details

Building Size 5,709 SF

Year Built 1915

Listing Agency: Leibovitz Real Estate,LLC

Listed By: Wayne Leibovitz · License #RM424488 Show Phone

Source: Evrealestate

Added: Apr 22 Changed: Oct 15 Last Checked: Oct 16 at 7:06AM

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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 Leibovitz Real Estate,LLC

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Investment Insights

Based on property information with market context.

Located at the corner of Girard and Columbia Avenues, this commercial property offers a total size of 5709 square feet. The property is located in Philadelphia County.

Key Highlights

• Corner lot location (Girard & Columbia Avenues)
• On‑street parking
• Natural gas heating

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$64,524

Cap Rate

3.85%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,290,480 $1.3M

Cap Rate 7%

$921,771 $921.8K

Cap Rate 9%

$716,933 $716.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 5,709 SF

Gross rent

$102.8K $18.00/SF

− Vacancy

−$10.6K −$1.85/SF

EGI

$92.2K $16.15/SF

− OpEx

−$27.7K −$4.84/SF

NOI

$64.5K $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%

$1,290,480

Cap Rate 7%

$921,771

Cap Rate 9%

$716,933

Alternative Uses

Best Use

Retail

$921.8K

$806.6K – $1.08M (±1% cap)

NOI $64,524 @ 7.0% cap · market cap 3.85%

Second Best

—

—

no second resolved use

Theoretical Best

Multifamily LT 5

$1.39M

$1.22M – $1.62M (±1% cap)

NOI $97,423 @ 7.0% cap · market cap 5.82%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Auto Parts Store Clothing & Fashion Store Nursing Home Supermarket

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

Location Intelligence

Trade Area within ½ mile

2,995

Businesses Nearby

58k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 57% Shops & Services 19% Groceries 12% Electronics 5%

McDonald's Dining

23,463 visits/mo 0.3 miles

Fine Wine & Good Spirits Groceries

6,966 visits/mo 0.5 miles

Wells Fargo Shops & Services

5,966 visits/mo 0.2 miles

Jeni's Splendid Ice Creams Dining

5,149 visits/mo 0.3 miles

Carvana Shops & Services

3,310 visits/mo 0.4 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

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

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Frequently Asked Questions

What type of property is this?

Storefront property - Commercial property for sale at the corner of Girard Avenue.

Where is this storefront property located?

The property is located at 330-32 E Girard Ave Philadelphia, PA.

What is the asking price?

The asking price for this property is $1,675,000.

What are key features of this property?

This property features: Corner lot location (Girard & Columbia Avenues); On‑street parking; Natural gas heating