Retail Space with Sprinkler
New
For Sale
Contact for pricing
4028 W GIRARD AVENUE, Philadelphia, PA 19104
A flexible vanilla-box interior offers a ready starting point for a range of retail configurations.
Property Size1,600 SF
Price / SF$1.69
Days on Market5
Property Features for 4028 W GIRARD AVENUE
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Commercial
Additional Details
Sprinkler System
Yes
Building Details
Year Built
1915
Listing Agency:
Keller Williams Realty Wilmington
(302) 299-1100
Listed By:
sAAJAN Patel
(484) 799-6843
Source:
Cummingsrealtors
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 15 at 2:20AM
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 Keller Williams Realty Wilmington
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Investment Insights
Based on property information with market context.
This retail space at 4028 W Girard Avenue provides 1,600 square feet of vanilla-box space, with a sprinkler system already installed. An unfinished basement is included with the space, adding below-grade area for storage or other uses consistent with the property’s permitted use.
The building dates to 1915 and is located on W Girard Avenue in Philadelphia.
The building dates to 1915 and is located on W Girard Avenue in Philadelphia.
Key Highlights
- 1,600 square feet of vanilla‑box retail space
- Sprinkler system in place
- Unfinished basement included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,084
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,680
$361.7K
Cap Rate 7%
$258,343
$258.3K
Cap Rate 9%
$200,933
$200.9K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$28.8K $18.00/SF
− Vacancy
−$3.0K −$1.85/SF
EGI
$25.8K $16.15/SF
− OpEx
−$7.8K −$4.84/SF
NOI
$18.1K $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%
$361,680
Cap Rate 7%
$258,343
Cap Rate 9%
$200,933
Alternative Uses
Best Use
Retail
$258.3K
$226.1K – $301.4K
NOI $18,084 @ 7.0% cap · market cap 669.78%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$390.1K
$341.3K – $455.1K
NOI $27,304 @ 7.0% cap · market cap 1,011.26%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
648
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Dining 37%
APlus
Shops & Services
2,184 visits/mo
0.3 miles
Twisters
Dining
2,019 visits/mo
0.1 miles
Compass Self Storage
Shops & Services
1,304 visits/mo
0.5 miles
Demographics for 19104, PA
56,839
Population
23,888
Households
2.4
Avg Household Size
26
Median Age
47%
College-Educated
90%
High-School Grad
3.1 sq mi
ZIP Area
18,335
Density / Sq Mi
$39,526
Median Household Income
$18,420
Median Earnings
$1,329
Median Rent
$268,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Retail space - A flexible vanilla-box interior offers a ready starting point for a range of retail configurations.
Where is this retail space located?
The property is located at 4028 W GIRARD AVENUE Philadelphia, PA.
What are key features of this property?
This property features: 1,600 square feet of vanilla‑box retail space; Sprinkler system in place; Unfinished basement included
