Freestanding Auto Shop
For Sale
Contact for pricing
6726 Frankford Avenue, Philadelphia, PA 19135
Month-to-month occupancy supports delivery with vacant possession at closing.
Property Size8,710 SF
Lot Size0.40 Acres
Price / SF$143.51
Days on Market11
Property Features for 6726 Frankford Avenue
General Information
Standard status
Active
Size
8,710 SF
Lot size
0.40 Acres
Property subtype
Retail
Zoning
CMX-2.5
Additional Details
Asking Price
$1,250,000
Road Access
Yes
Building Details
Year Built
1960
Year Renovated
2024
Buildings
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Philadelphia
Listed By:
Berk Petersohn · License #RS378882
Source:
Crexi
Added: Aug 24
Changed: Sep 1
Last Checked: Sep 2 at 9:24PM
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 Marcus & Millichap - Philadelphia
Investment Insights
Based on property information with market context.
This freestanding auto-service property contains 8,710 square feet on a 0.40-acre site and was built in 1960. The building is currently occupied by an AAMCO Transmissions & Total Car Care franchise under a month-to-month tenancy, with vacant delivery available at closing. CMX-2.5 zoning applies to the property.
Located at 6726 Frankford Avenue in Philadelphia, the building occupies a commercial corridor in Northeast Philadelphia. The address is in the 19135 ZIP code and provides an established setting for continued automotive use or a future change in occupancy, subject to applicable approvals.
Located at 6726 Frankford Avenue in Philadelphia, the building occupies a commercial corridor in Northeast Philadelphia. The address is in the 19135 ZIP code and provides an established setting for continued automotive use or a future change in occupancy, subject to applicable approvals.
Key Highlights
- 8,710‑square‑foot freestanding commercial building
- 0.40‑acre site along Frankford Avenue
- Current AAMCO Transmissions & Total Car Care occupancy is month‑to‑month
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$98,442
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.88%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,968,840
$2.0M
Cap Rate 7%
$1,406,314
$1.4M
Cap Rate 9%
$1,093,800
$1.1M
Market Conditions
NOI Build-Up for 8,710 SF
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.
Gross rent
$156.8K $18.00/SF
− Vacancy
−$16.1K −$1.85/SF
EGI
$140.6K $16.15/SF
− OpEx
−$42.2K −$4.84/SF
NOI
$98.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,968,840
Cap Rate 7%
$1,406,314
Cap Rate 9%
$1,093,800
Alternative Uses
Best Use
Retail
$1.41M
$1.23M – $1.64M
NOI $98,442 @ 7.0% cap · market cap 7.88%
Second Best
Industrial
$913.5K
$799.3K – $1.07M
NOI $63,945 @ 7.0% cap · market cap 5.12%
Theoretical Best
Multifamily LT 5
$2.12M
$1.86M – $2.48M
NOI $148,635 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,505
Businesses Nearby
167k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Groceries 33%
Dining 10%
Electronics 4%
ShopRite
Groceries
46,340 visits/mo
0.1 miles
Wawa
Shops & Services
27,990 visits/mo
0.3 miles
Dollar Tree
Shops & Services
17,060 visits/mo
0.4 miles
Family Dollar
Shops & Services
11,092 visits/mo
0.4 miles
Wells Fargo
Shops & Services
10,189 visits/mo
0.3 miles
Demographics for 19135, PA
35,422
Population
14,323
Households
2.5
Avg Household Size
34
Median Age
16%
College-Educated
82%
High-School Grad
2.3 sq mi
ZIP Area
15,401
Density / Sq Mi
$51,817
Median Household Income
$38,673
Median Earnings
$1,197
Median Rent
$182,900
Median Home Value
Market
Vacancy Rate% for Retail in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Auto shop - Month-to-month occupancy supports delivery with vacant possession at closing.
Where is this auto shop located?
The property is located at 6726 Frankford Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 8,710‑square‑foot freestanding commercial building; 0.40‑acre site along Frankford Avenue; Current AAMCO Transmissions & Total Car Care occupancy is month‑to‑month
