NNN Storefront
For Sale
$990,000
4433-37 WHITAKER AVE, Philadelphia, PA 19120
Storefront building combines sales space, stockroom, loading dock, and an NNN lease structure.
Property Size10,000 SF
Price / SF$99
Days on Market94
Property Features for 4433-37 WHITAKER AVE
General Information
Standard status
Active
Size
10,000 SF
Total Parking Spaces
4
Net Operating Income
$86,400
Additional Details
Gross Income
$86,400
Dock-High Doors
1
Amenities
loading dock
Building Details
Building Size
10,000 SF
Tenancy
Single
Listing Agency:
PK PROPERTY INC.
(215) 635-5100
Listed By:
Peter Han · License #RM422904
(215) 668-1666
Source:
Cathyshometeam
Added: Jul 17
Changed: Oct 5
Last Checked: Oct 16 at 8:54AM
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 PK PROPERTY INC.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property includes a 10,000-square-foot storefront building arranged with retail space and a stockroom. A loading dock supports receiving and distribution functions, while parking is provided in front of the building and an additional rear lot extends the site area.
The property is leased on an NNN basis, with 12 years remaining on the tenant’s lease. The building is located at 4433-37 Whitaker Ave in Philadelphia, Pennsylvania, and the front parking area accommodates 4 cars. The rear lot contains approximately 4,000 square feet.
The property is leased on an NNN basis, with 12 years remaining on the tenant’s lease. The building is located at 4433-37 Whitaker Ave in Philadelphia, Pennsylvania, and the front parking area accommodates 4 cars. The rear lot contains approximately 4,000 square feet.
Key Highlights
- 10,000 square feet of storefront and stockroom space
- NNN lease with 12 years remaining
- Loading dock included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,897
Cap Rate
8.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,717,940
$1.7M
Cap Rate 7%
$1,227,100
$1.2M
Cap Rate 9%
$954,411
$954.4K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$136.8K $13.68/SF
− Vacancy
−$14.1K −$1.41/SF
EGI
$122.7K $12.27/SF
− OpEx
−$36.8K −$3.68/SF
NOI
$85.9K $8.59/SF
Area
ZIP 19120
Vacancy
10.30%
Lease Rate
$13.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,717,940
Cap Rate 7%
$1,227,100
Cap Rate 9%
$954,411
Alternative Uses
Best Use
Retail
$1.23M
$1.07M – $1.43M
NOI $85,897 @ 7.0% cap · market cap 8.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.39M
$2.09M – $2.79M
NOI $167,215 @ 7.0% cap · market cap 16.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Dock-high doors
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,048
Businesses Nearby
44k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Electronics 18%
Apparel 13%
Dining 10%
Lukoil
Shops & Services
13,988 visits/mo
0.5 miles
T-Mobile
Electronics
7,855 visits/mo
0.5 miles
Shell
Shops & Services
5,672 visits/mo
0.4 miles
Rainbow
Apparel
5,654 visits/mo
0.4 miles
Exxon
Shops & Services
4,733 visits/mo
0.3 miles
Demographics for 19120, PA
66,177
Population
25,730
Households
2.6
Avg Household Size
35
Median Age
13%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
20,680
Density / Sq Mi
$51,993
Median Household Income
$32,980
Median Earnings
$1,186
Median Rent
$143,500
Median Home Value
Market
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
NNN property - Storefront building combines sales space, stockroom, loading dock, and an NNN lease structure.
Where is this nnn property located?
The property is located at 4433-37 WHITAKER AVE Philadelphia, PA.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: 10,000 square feet of storefront and stockroom space; NNN lease with 12 years remaining; Loading dock included
