Industrial Flex Warehouse with
4705-15 Stenton Avenue Philadelphia, PA 19144
4705-15 Stenton Avenue, Philadelphia, PA, 19144
Contact for pricing
For Sale
Contact for pricing
Flex industrial facility features a P&H overhead crane, drive-in access, and a renovated office component.
Property Size39,736 SF
Price / SF$80.53
Days on Market36
Property Features for 4705-15 Stenton Avenue
General Information
- Standard status
- Active
- Size
- 39,736 SF
- Property subtype
- Industrial, Office
Building Details
- Year Built
- 1935
Listing agency
REAL of Pennsylvania
Listed by
Keren Niv · License #RS226324
Source
Crexi
Added: Jun 18 Updated: Jul 22 at 4:44PM Checked: Jul 22 at 4:44PM
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 REAL of Pennsylvania
Investment Insights
Based on property information with market context.
This industrial flex warehouse is configured for manufacturing, warehouse, distribution, and flex use, with flexible zoning identified as ICMX. The property includes approximately 12'-clear drive-in access and a dock leveler. A P&H overhead crane supports material handling, and the building combines roughly 33,500 SF of industrial space with 3,000 SF of renovated office and approximately 800 SF of storage.
The asset is described as rail-adjacent and minutes to I-76, Roosevelt Blvd, and the Wayne Junction SEPTA hub, providing convenient regional connectivity.
It is offered for sale as 100% leased on a single-tenant basis, with an in-place rent noted in the remarks as $198,000 per year on an NNN-style basis.
The asset is described as rail-adjacent and minutes to I-76, Roosevelt Blvd, and the Wayne Junction SEPTA hub, providing convenient regional connectivity.
It is offered for sale as 100% leased on a single-tenant basis, with an in-place rent noted in the remarks as $198,000 per year on an NNN-style basis.
Key Highlights
- 100% leased, single‑tenant industrial with $198,000/yr in‑place rent (~6.2% cap, NNN‑style)
- P&H overhead crane and heavy power in place
- 12'-clear drive‑in access plus 1 dock leveler
Local Financial Insights For Industrial
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 | $453.0k | $11.40 |
| − Vacancy | −$36.2k | −$0.91 |
| EGI | $416.8k | $10.49 |
| − OpEx | −$125.0k | −$3.15 |
| NOI | $291.7k | $7.34 |
39,736 SF · lease $11.40/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Office B
$7.47M
$6.54M – $8.72M
NOI $522,907 @ 7.0% cap · market cap 16.34%
Second Best
Flex RnD
$5.98M
$5.23M – $6.97M
NOI $418,420 @ 7.0% cap · market cap 13.08%
Theoretical Best
Multifamily LT 5
$9.69M
$8.48M – $11.30M
NOI $678,091 @ 7.0% cap · market cap 21.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Tipsy Cafe & Catering — 5227 Germantown Ave, Philadelphia, PA 19144
- Tay's Cafe — 4526 N 17th St, Philadelphia, PA 19140
FAQs
What type of property is this?
Flex space - Flex industrial facility features a P&H overhead crane, drive-in access, and a renovated office component.
Where is this flex space located?
The property is located at 4705-15 Stenton Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 100% leased, single‑tenant industrial with $198,000/yr in‑place rent (~6.2% cap, NNN‑style); P&H overhead crane and heavy power in place; 12'-clear drive‑in access plus 1 dock leveler
