5701 GERMANTOWN AVENUE Philadelphia, PA 19144
Two-story commercial property on Germantown Avenue with reputable tenants.
Property Features for 5701 GERMANTOWN AVENUE
General Information
- Standard status
- Active
- Size
- 12,790 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1900
Listing office RE/MAX Services (267) 476-7117
Listing date May 6, 2025
Source Exitrealty
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Investment Insights
Based on property information with market context.
Key Highlights
- Large 12,790 sq/ft commercial property on a busy business corridor.
- Four fully occupied street‑level units with reputable tenants including Citizens Bank and a Restaurant Food Market.
- Potential for additional income by developing the second floor.
Local Financial Insights For Retail
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 | $230.2k | $18.00 |
| − Vacancy | −$23.7k | −$1.85 |
| EGI | $206.5k | $16.15 |
| − OpEx | −$62.0k | −$4.84 |
| NOI | $144.6k | $11.30 |