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Pizza Hut & KFC NNN Assets
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6242 Stenton Ave, Philadelphia, PA 19138

Two single-tenant properties feature absolute-net leases with scheduled rent increases and established operating guaranties.

Property SizeContact for details
Days on Market146

Property Features for 6242 Stenton Ave

General Information

Standard status Active
Property subtype Retail

Additional Details

Traffic Count 27,000 vehicles/day

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Horvath & Tremblay
Listed By: Mark Taylor · License #PA AB050069L
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 6:48AM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

This offering includes two single-tenant properties occupied by Pizza Hut and KFC. Both leases are structured on an absolute-net basis and include 10% rent increases every five years. The KFC lease has approximately 8 years remaining on its original 20-year base term and is guaranteed by Mitra QSR KNE, LLC. Pizza Hut will execute a new 15-year lease at closing, with two five-year extension options and guaranty support from a parent company operating approximately 50 Pizza Hut locations.

The properties are located at 6242 Stenton Ave in Philadelphia, at the intersection of Stenton Avenue and Washington Lane. The site records 27,000 vehicles per day and serves a surrounding population of more than 275,000 people within a 3-mile radius. West Oak Lane Charter School is directly across the street, with two high schools and several apartment communities also identified nearby.

Key Highlights

  • Two single‑tenant assets occupied by Pizza Hut and KFC
  • Absolute‑net leases with 10% rent increases every five years
  • KFC lease has approximately 8 years remaining on an original 20‑year base term

Property Analytics

Current Use

Boston Market Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Kitchen & Bath Showroom Building Supply Skin Care Clinic

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

Lease Details

27,000 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

699
Businesses Nearby
59k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 71% Shops & Services 28% Electronics 2%
McDonald's Dining
21,553 visits/mo 0.5 miles
Dunkin' Donuts Dining
11,164 visits/mo 0.0 miles
KFC Dining
7,686 visits/mo 0.1 miles
AutoZone Shops & Services
6,627 visits/mo 0.1 miles
Citizens Bank Shops & Services
6,394 visits/mo 0.1 miles

Demographics for 19138, PA

31,816
Population
13,836
Households
2.3
Avg Household Size
39
Median Age
18%
College-Educated
89%
High-School Grad
1.8 sq mi
ZIP Area
17,676
Density / Sq Mi
$51,586
Median Household Income
$36,956
Median Earnings
$1,172
Median Rent
$167,300
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?
NNN property - Two single-tenant properties feature absolute-net leases with scheduled rent increases and established operating guaranties.
Where is this nnn property located?
The property is located at 6242 Stenton Ave Philadelphia, PA.
What are key features of this property?
This property features: Two single‑tenant assets occupied by Pizza Hut and KFC; Absolute‑net leases with 10% rent increases every five years; KFC lease has approximately 8 years remaining on an original 20‑year base term
More about this property
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